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Caribbean economies face high and rising debt-to-GDP ratios that jeopardize prospects for medium-term debt sustainability and growth. This book provides a comprehensive analysis of the challenges of fiscal consolidation and debt reduction in the Caribbean. It examines the problem of high debt in the region and discusses policy options for improving debt sustainability, including fiscal consolidation, robust growth, and structural reforms. The book also examines empirically the factors underlying global large debt reduction episodes to draw important policy lessons for the Caribbean. It also reviews the literature on successful fiscal consolidation experiences and provides an overview of past and current consolidation efforts in the Caribbean. The book concludes that the region needs a broad and sustained package of reforms to reduce debt ratios to more manageable levels and strengthen economic resilience.
This collection of critical essays and personal reflections explores the insights provided by official statements of the Roman Catholic Bishops of the Caribbean. In so doing, it presents a critical reading of the corpus with a view to presenting its relevance to the regional and global conversation on matters of human flourishing.
This volume enters the global conversation on religion and revitalization from the perspective of Latin America and the Caribbean. It builds on a conversation flowing from specific cases and contexts across different confessional and historicaltraditions. As such, it engages the ongoing work of renewal, both within Christianity and within social life, and the inextricable link between the two. This is ultimately a comparative conversation that embraces difference and the plurality of Christian expression globally, recognizing how differences in the larger religious and spiritual context in each place add to the depth of understanding and possibilities for social transformation.