TY - BOOK ID - 136838019 TI - Macroeconomic Resilience in the Caribbean : 360 Degree Resilience Background Paper PY - 2021 PB - Washington, D.C. : The World Bank, DB - UniCat KW - Climate Change Impacts KW - Debt KW - Economic Conditions and Volatility KW - Economic Diversification KW - Environment KW - Financial Development KW - Fiscal and Monetary Policy KW - Macroeconomic Management KW - Macroeconomics and Economic Growth KW - Macroprudential Policy KW - Monetary Policy KW - Natural Disasters UR - https://www.unicat.be/uniCat?func=search&query=sysid:136838019 AB - Macroeconomic shocks refer to any unpredicted disturbance to the economy through internal or external factors. Economic resilience is broadly defined as the inherent or policy-induced ability of individuals or communities to withstand or recover from the effects of the various shocks. The external shocks lead to volatilities and impose high risks on the economies. This chapter aims to characterize the overall macroeconomic resilience in the Caribbean region against a broad range of external shocks. ER -