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DeLisle Worrell

Central Bank of Barbados

Former Governor

PO Box 1016

Spry Street

Bridgetown

Barbados

http://www.DeLisleWorrell.com

Retired

International Economic Consultant

Glenisla

Fisherpond

St. Jospeh BB21000

Barbados

  • Central Bank of Barbados

  • Retired

SCHOLARLY PAPERS

31

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Rank 31,953

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Top 31,953

in Total Papers Downloads

3,962

TOTAL CITATIONS
Rank 56,035

SSRN RANKINGS

Top 56,035

in Total Papers Citations

10

Scholarly Papers (31)

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1.

Stressing to Breaking Point: Interpreting Stress Test Results

IMF Working Paper No. 08/148
Number of pages: 20 Posted: 01 Jul 2008
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 340 (219,867)

Abstract:

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2.

Decomposing Financial Risks and Vulnerabilities in Eastern Europe

IMF Working Paper No. WP/07/248
Number of pages: 35 Posted: 16 Jan 2008
Andrea Michaela Maechler, Srobona Mitra and DeLisle Worrell
International Monetary Fund (IMF), International Monetary Fund (IMF) and Central Bank of BarbadosRetired
Downloads 275 (276,257)
Citation 2

Abstract:

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Working Paper, Financial risk, Europe, Bank soundness, Bank supervision, Economic models

3.

Quantitative Assessment of the Financial Sector: An Integrated Approach

IMF Working Paper No. 04/153
Number of pages: 26 Posted: 15 Feb 2006
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 262 (290,667)

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Financial assessment, financial indicators, early warning systems

4.

Quantitative Assessment of a Financial System - Barbados

IMF Working Paper No. 05/76
Number of pages: 21 Posted: 03 Mar 2006
Karen Chase, Kevin C. Greenidge, Winston Moore and DeLisle Worrell
affiliation not provided to SSRN, International Monetary Fund (IMF), affiliation not provided to SSRN and Central Bank of BarbadosRetired
Downloads 230 (331,797)

Abstract:

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Financial stability, Caribbean

5.

Monetary and Fiscal Coordination in Small Open Economies

IMF Working Paper No. 00/56
Number of pages: 29 Posted: 09 Feb 2006
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 200 (380,469)
Citation 1

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Monetary Policy, Central Bank Independence

6.

Price Volatility and Financial Instability

Downloads 199 (382,358)

Price Volatility and Financial Instability

IMF Working Paper No. 01/60
Number of pages: 44 Posted: 10 Feb 2006
DeLisle Worrell and Hyginus Leon
Central Bank of BarbadosRetired and International Monetary Fund (IMF)
Downloads 135 (541,724)

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volatility, financial instability, GARCH models

Price Volatility and Financial Instability

IMF Working Paper No. 01/60
Number of pages: 44 Posted: 11 Aug 2009
Hyginus Leon and DeLisle Worrell
International Monetary Fund (IMF) and Central Bank of BarbadosRetired
Downloads 64 (938,792)

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Exchange rates, Stock markets, Exchange rate instability, Price stabilization, Economic models

7.

Development Performance and Economic Policy in Guyana, 1990-2021

Forthcoming in Economic structure and change in post-Independence Guyana, edited by Dianna DaSilva-Glasgow, Tarron Khemraj and Desmond Thomas (University of Guyana Press), 2024
Number of pages: 17 Posted: 29 Feb 2024
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 176 (428,796)

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Guyana, Latin America and the Caribbean, economic development, economic policy, exchange rate, monetary policy, fiscal policy, human development, export-propelled growth, production structure, aggregate demand, interest rate, oil exports

8.

The Time Has Come to Permanently Retire All Our Caribbean Currencies

Number of pages: 12 Posted: 17 Jun 2019
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 173 (435,504)
Citation 1

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Dollarisation, exchange rate, foreign currency, Currency Board, open economy

9.

Fiscal Sustainability and Debt in Small Open Economies: An Application to the Caribbean

Fiscal Sustainability and Debt in Small Open Economies: An Application to the Caribbean, 2015
Number of pages: 200 Posted: 02 May 2016
DeLisle Worrell, Denisa Belgrave, Rumile Arana, Elmelyln Croes, Harry Dorinnie, Kari Grenade, Julia Jhinkoo, Jason LaCorbiniere, Edwina Matos-Pereira, Brian Langrin, Sidonia McKenzie, Ankie Scott-Joseph, Lylia Roberts, Latoya Smith, Rasheeda Smith and Allan Wright
Central Bank of BarbadosRetired, Central Bank of Barbados, Central Bank of Belize, Centrale Bank van Aruba, Central Bank of Suriname, Caribbean Development Bank, University of the West Indies (Saint Augustine), United Nations Development Programme (Barbados and the Eastern Caribbean), Centrale Bank van Aruba, Bank of Jamaica, Bank of Jamaica, University of the West Indies (Bridgetown), Central Bank of Belize, Bank of the Bahamas, Bank of Jamaica and Central Bank of Barbados
Downloads 163 (459,428)
Citation 1

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Sovereign debt, Fiscal sustainability, Debt-to-GDP ratio, Small open economies, Caribbean

10.

Financial System Soundness in the Caribbean: An Initial Assessment

IMF Working Paper No. 01/123
Number of pages: 37 Posted: 01 Feb 2006
DeLisle Worrell, Desiree Cherebin and Tracy Polius-Mounsey
Central Bank of BarbadosRetired, affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 152 (488,442)

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Financial sector, Caribbean

11.

A Currency Union for the Caribbean

IMF Working Paper No. 03/35
Number of pages: 35 Posted: 28 Jan 2006
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 150 (494,203)

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Currency Board, Dollarization, Caribbean

12.

Economic Resilience with an Exchange Rate Peg The Barbados Experience, 1985-2000

IMF Working Paper No. 03/168
Number of pages: 24 Posted: 03 Feb 2006
DeLisle Worrell, Harold Codrington, Roland Craigwell and Kevin C.D. Greenidge
Central Bank of BarbadosRetired, Central Bank of Barbados, Central Bank of Barbados and Central Bank of Barbados
Downloads 144 (511,933)

Abstract:

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Stabilization policy Exchange rate Caribbean

13.

International Business and Financial Services Centres in the Caribbean

Economic Review, Volume XXXVII, Number 1, June 2011
Number of pages: 23 Posted: 07 Apr 2012
DeLisle Worrell and Shane Lowe
Central Bank of BarbadosRetired and Central Bank of Barbados
Downloads 133 (547,695)
Citation 1

Abstract:

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International financial centre

14.

The Barbados Economy - The Road to Prosperity

Number of pages: 19 Posted: 07 Dec 2017
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 131 (554,631)

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Barbados economy, macroeconomic policy

15.

Development and Underperformance in the Barbados Economy, 1946-2018

Handbook of Caribbean Economies, Routledge, September 2020
Number of pages: 21 Posted: 29 Apr 2020
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 130 (558,171)

Abstract:

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Barbados, Caribbean, Economic development, Economic policy

16.

Competitiveness in the Caribbean and Central America

International Research Journal of Finance and Economics Issue 109, May 2013
Number of pages: 30 Posted: 01 Jul 2013
DeLisle Worrell, Kevin C. Greenidge and Shane Lowe
Central Bank of BarbadosRetired, International Monetary Fund (IMF) and Central Bank of Barbados
Downloads 119 (600,462)
Citation 1

Abstract:

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Competitiveness, exchange rate, small open economy, relative price

17.

China in the Caribbean's Economic Future

Number of pages: 12 Posted: 18 Sep 2020
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 118 (604,538)
Citation 1

Abstract:

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China, Caribbean, China-Caribbean trade, Chinese investment, Chinese products, Globalization

18.

A New Approach to Exchange Rate Management in Small Open Financially Integrated Economies

Briguglio, Lino (Editor), Handbook of Small States - Economic, Social and Environmental Issues, Routledge, April 2018, Forthcoming
Number of pages: 18 Posted: 16 Jun 2017 Last Revised: 04 Dec 2017
DeLisle Worrell, Winston Moore and Jamila Beckles
Central Bank of BarbadosRetired, University of the West Indies, Cave Hill and Central Bank of Barbados
Downloads 109 (645,052)
Citation 1

Abstract:

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exchange rate, open economy, international financial flows, devaluation, small economy, capital controls, Mundell-Fleming

19.

Size, Structure and Devaluation

Central Bank of Barbados WP/15/1
Number of pages: 37 Posted: 11 Apr 2016
Winston Moore, Jamila Beckles and DeLisle Worrell
University of the West Indies, Cave Hill, Central Bank of Barbados and Central Bank of BarbadosRetired
Downloads 98 (699,467)

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Economic size, Concentration, Exports, Devaluation

20.

A Small Foreign Exchange Market with a Long-Term Peg: Barbados

IMF Working Paper No. 06/245
Number of pages: 20 Posted: 13 Nov 2006
Roland Craigwell, Travis Mitchell and DeLisle Worrell
Central Bank of Barbados, Central Bank of Barbados and Central Bank of BarbadosRetired
Downloads 98 (704,534)

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Foreign exchange, exchange rate, interest parity

21.

Development and Stabilization in Small Open Economies

Number of pages: 10 Posted: 27 Mar 2023
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 97 (704,534)

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small open economy, economic development, exchange rates, interest rate policy, competitiveness, productivity, savings and investment, balance of payments, debt management

22.

The Impact of COVID-19 in Central America and the Caribbean - Evidence to Date

Number of pages: 12 Posted: 23 Dec 2022
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 85 (771,553)

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COVID-19 pandemic, Human Development Index, Caribbean, Central America, Island Economies

23.

The Caribbean Holds Its Own in Global Tourism Competition

Handbook of Caribbean Economies, Routledge, Forthcoming
Number of pages: 22 Posted: 29 Apr 2020
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 77 (823,616)
Citation 1

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Tourism, Travel, Caribbean tourism, Tourism competition, Tourism prices

24.

Policies for Stabilization and Growth in Small Very Open Economies

Group of Thirty, Washington, DC, Occasional Paper 85, 2012
Number of pages: 32 Posted: 29 Nov 2012
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 76 (830,555)

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monetary policy, fiscal policy, exchange rates

25.

Using Fiscal Policy to Target the Exchange Rate

Number of pages: 8 Posted: 21 Jul 2018 Last Revised: 12 Oct 2018
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 60 (961,006)

Abstract:

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macroeconomic policy, monetary policy, fiscal policy, exchange rate, open economy

26.

Reflections on the Modelling of Caribbean Economies

Number of pages: 28 Posted: 08 Nov 2024
DeLisle Worrell and Vanus James
Central Bank of BarbadosRetired and World Intellectual Property Organization (WIPO)
Downloads 38 (1,209,354)

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Economic model, Caribbean economy, economic forecasting, growth model, economic policy, open economy, economic development.

27.

An Alternative Policy Approach to Growth and Stabilisation in Small Open Economies

Forthcoming Handbook of Caribbean Economies (Routledge, 2020)
Number of pages: 10 Posted: 29 Apr 2020
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 35 (1,249,711)

Abstract:

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Economic policy, Stabilisation, Monetary policy, Fiscal policy, Small economy, Open economy

28.

A Policy Model for Stabilisation and Growth in the Small Open Economy

Number of pages: 15 Posted: 11 Jul 2024 Last Revised: 31 Oct 2025
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 31 (1,304,549)

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Small economy, economic model, competitiveness, fiscal policy, monetary policy, exchange rate, inflation, oil price shock, economic vulnerability, capital flight, foreign investment, fiscal sustainability. JEL codes: E17, E27, E37, E47, E52, E58, E61, E62, F41, F47, H68

29.

Macroeconomics and Small Developing Economies: A Policy-Maker's Perspective

Economics in a Changing World, Volume 4, Edited by Edmar Bacha for the International Economic Association, London: Macmillan Press for the IEA, 1994
Number of pages: 23 Posted: 11 Jun 2019
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 31 (1,304,549)

Abstract:

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economics of open economies, balance of payments, monetary policy, inflation

30.

Economic Adjustment and Growth in Small Developing Countries

Open Economy Macroeconomics, Edited by Helmut Frisch and Andreas Wortgotter, London: Macmillan, 1993
Number of pages: 11 Posted: 11 Jun 2019
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 18 (1,470,786)

Abstract:

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economic policy, fiscal policy, open economy macroeconomics, exchange rate

31.

The Development Mandate of the Central Bank in the Small Open Economy

Number of pages: 13 Posted: 19 Jun 2025
DeLisle Worrell
Central Bank of BarbadosRetired
Downloads 14 (1,509,872)

Abstract:

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Central Bank, Development Financing, Open Economy, Economic Growth, Export- Led Growth, International Competition, Financing of Innovation, Industrial Policy