Caribbean Association of Indigenous Banks Inc. - Literature on the Financial Crisis

The International Financial Crisis has caused a great deal of attention and discussion surrounding the banking sectors of the region and how they have and will be affected, going forward. To improve understanding to these global events and how they impact the regional financial sectors, research has proceeded on both theoretical and empirical fronts.

The following are some recent papers and articles that discuss these issues:

Bhagoo, Vangie and Watson, Patrick Kent, "Predicting a debt crisis in selected Caribbean countries: an application of the Manasse-Roubini 'Rules of Thumb'", 2008

Khemraj, Tarron and Sukrishnallal, Pasha, "The determinants of non-performing loans: an econometric case study of Guyana" , 2008

Odle, Maurice, "From Sub-prime to Sublime Disaster: Implications for the Caribbean Region of the Current Financial Crisis in the USA" 2008

Carvajal, Ana, Monroe, Hunter, Pattillo, Catherine and Wynter, Bryan, "Ponzi Schemes in the Caribbean", 2009

"KPMG 2009 Caribbean Region Financing Survey", 2009

Persaud, Wilberne Haldane, "Meltdown: Indigenous Jamaican Finance 1996; Wall Street or the Globe 2008, Halting Steps at Recovery and Caribbean Policy response", 2009

Clegg, Peter, "The Caribbean and the global financial crisis: Implications for domestic politics and foreign policy", 2009

Williams, Ewart S., “The Impact of Global Events on the Caribbean Economies”, 2008