Policy Papers

This paper presents background on Caribbean small states as context for the main paper, “<a href="/external/np/pp/eng/2013/022013.pdf">Macroeconomic Issues in Small States and Implications for Fund Engagement.</a>” It draws on recent analytical work presented at a conference for policy makers in September 2012, in Trinidad and Tobago. Caribbean small states, while sharing many features of other small states (size-related macroeconomic vulnerabilities, lack of economies of scale, and capacity constraints) have specific characteristics which merit attention.