Series: IMF Working Papers
Author(s): Kimberly Beaton , Thomas Dowling , Dmitriy Kovtun , Franz Loyola , Alla Myrvoda , Joel Chiedu Okwuokei , Inci Ötker , and Jarkko Turunen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 November 2017
Keywords: Trinidad and Tobago, Western Hemisphere, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Dominica, Dominican Republic, Grenada, Haiti, Jamaica
The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well a...