Debt reduction in the Caribbean

  • July 14, 2014
Debt reduction in the Caribbean

Charles Amo Yartey has co-authored a book on the problems of debt reduction in the Caribbean.

A Gates Cambridge Alumnus has co-authored a book on the problems of debt reduction in the Caribbean.

The book, Caribbean Renewal: Tackling Fiscal and Debt Challenges, published by the International Monetary Fund, is co-authored by Charles Amo-Yartey [2002], who did a PhD in Economics at the University of Cambridge.

The book examines the problem of high debt in the Caribbean 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 propose 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. It concludes that the region needs a broad and sustained package of reforms to reduce debt ratios to more manageable levels and strengthen economic resilience.

Charles, who has recently been appointed Resident Representative of the IMF in Liberia, joined the IMF in October 2005 just after leaving Cambridge. He has worked in several departments of the IMF including African, Western Hemisphere and Research departments. He was previously a Teaching Fellow in the Faculty of Economics at Cambridge and an Economist at the United Nations Economic Commission for Africa in Ethiopia.

Picture credit: Wiki Commons and Bz3rk
 

Latest News

Study shows need for repeated vaccines for immunocompromised people

Vaccinations alone may not be enough to protect people with compromised immune systems from infection, even if the vaccine has generated the production of antibodies, according to new research from the University of Cambridge led by a Gates Cambridge Scholar. The findings, published today in Science Advances, suggest that such individuals will need regular vaccine […]

Scholars win recognition for impact and engagement

Two Gates Cambridge Scholars have been recognised in the 2024 Cambridge Awards for Research Impact and Engagement. Stanley Onyemechalu [below right] was runner-up in the Early Career researcher category for his work on the Legacies of Biafra Heritage Project and Emma Houiellebecq was highly commended for her research on  strengthening the resilience of essential services […]

Exploring the origins of snake diversity in South America

“Snakes to me are the most beautiful creatures that exist. They look so simple, but they are so complex. They can glide, swim and burrow. They are so varied. I want people to see how amazing and beautiful snakes are,” says Andrés Alfonso-Rojas [2022]. His love of snakes has fuelled his PhD in Zoology.  Andrés […]

How do we learn languages?

Samuel Weiss-Cowie’s fascination with language learning began at the age of 15 when he started learning Korean. He is now in the third year of his PhD looking at how the brain learns a new language or new words in a native language. He says: “I wanted to see what was happening in the brain […]