Productivity and growth
Why output per worker stalls in small economies, and how skills, management and innovation in firms can lift it.
His research runs from applied macroeconomics and econometrics to the practical choices facing central banks, ministries of finance and firms across the region.
Why output per worker stalls in small economies, and how skills, management and innovation in firms can lift it.
Monetary policy and inflation, the long-run neutrality of money, and how trust shapes the adoption of digital payments and JAM-DEX.
Balance of payments sustainability, foreign exchange, public debt and the exposure of small open economies to global shocks.
The economic and financial case for adaptation investment in Caribbean small island developing states.
Why do economies that stabilize still fail to grow? Andre's framework treats an economy as an operating system: six resources feed six processes, and completed processes feed value back into the resources. Five hindrances can break that loop and leave an economy stable but stuck, in deadlock. Switch one on below to see where it bites.
When resources meet a process's requirements, the process completes and its value flows back to expand the resource base, so the economy climbs. Hindrances raise the effective requirement without adding resources, so the loop stalls even when resources seem sufficient. A deadlocked economy is stable, but stuck.