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St. Lucia

Are Caribbean hydromet services ready for the upcoming hurricane season?

Melanie Kappes's picture

View of a hurricane/ Photo: iStock


Co-authors: Michael Fedak, Guillermo Donoso, Curtis BarrettKeren Charles and Kerri Whittington Cox  

“June; too soon. July; standby. August; come it must. September; remember. October; all over”. This Caribbean nursery rhyme warns of the impending hurricane season and lets families know that it is time to start preparing for potential disasters.
 
But are hydrometeorological (“hydromet”) services adequately prepared?

One Part of Something Bigger

Israel Mallett's picture

It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room at University of the West Indies,  Mona Campus for the Launch of the first phase of the initiative and there was something electric in the air. It was new and fresh, but old fears lingered; was this to become 'just another regional talk-shop?'

Wide-eyed and optimistic I was determined that for my small part it wouldn't turn out that way.

What’s the connection between financial development, volatility, and growth?

Francisco G. Carneiro's picture
Understanding macroeconomic volatility part 3
Read parts 1 & 2


There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth, particularly so in less developed countries, as the charts below demonstrate
 

Do rich and poor countries have different approaches to counter-cyclical spending?

Francisco G. Carneiro's picture
Understanding Macroeconomic Volatility: Part 2

The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government reduces spending (the pro-cyclical approach), the likely result is a deeper recession.

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