Burger,John (Author), Rebucci,Alessandro (Author), Warnock,Francis E. (Author), and Warnock,Veronica (Author)
Format:
Pamphlet
Publication Date:
May 2010
Published:
Washington, DC: Inter-American Development Bank
Location:
African American Research Center, Library, University of Illinois at Urbana-Champaign
Notes:
39 p., This paper assesses the extent to which a country's external capital structure can aid in mitigating the macroeconomic impact of oil price shocks. Two Caribbean economies highly vulnerable to oil price shocks are considered: an oil importer (Jamaica) and an oil exporter (Trinidad and Tobago). From a risk-sharing perspective, a desirable external capital structure is one that, through international capital gains and losses, helps offset responses of the current account balance to external shocks. It is found that both countries could alter their international portfolio to provide a better buffer against such shocks.
"Gonaives... my heart is being torn apart, too many mothers have lost too many children," [Wyclef] sings in Creole, while distributing WFP food rations. "We wanted to capture the raw essence of Gonaives and give people inspiration. Not like: 'Be sad for us,' but asking how can we as people really help Gonaives," he said.
Dr. Edwidge Crevecoeur Bryant, a renowned scholar and speaker, and Professor at University of North Florida, will deliver the keynote address. She is a proud Haitian-American whose brilliance, public speaking and charisma commend the reverence and high regard of all. A leading proponent for advancing higher education in the state, she will argue the need for a significant community effort to help our students through college. Professor Bryant is a role model for our entire community. We are fortunate to also have The Honorable Paul Novack, Attorney at Law, former Mayor of the Town of Surfside and Member of the Florida State Oversight Board for the Miami-Dade County Public School District, to speak on higher education being a vital investment in the future.
High Commissioner [Maxine Roberts] was praised for her dedication and commitment to both Jamaica and Jamaican community in the United Kingdom (UK). Manager of National Commercial Bank, UK Operations, Dale Robinson said Miss Roberts was a true friend to the Jamaican businesses operating in the UK.
