DOMESTIC SAVINGS AND DOMESTIC BORROWING IN THE CARIBBEAN

TL;DRAbstract

This paper examines and analyzes the role of domestic savings and domestic borrow ing in the financing of public sector expenditure in the selected Caribbean countries of Barbados, Guyana, Jamaica, and Trinidad and Tobago. The policy conclusions ad vocate the need for and the means for effecting increased savings mobilization and points to the hazards of deficit-financing through domestic borrowing.

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