- Phone: (941) 487-4422
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- Office Location: ACE 230
- Mail Location: SSC 102
Professor of Economics and International Studies
William G. & Marie Selby Chair
Ph.D., New School for Social Research
M.A. (Development Economics), University of Manchester
B.Soc.Sc., University of Guyana
My research is unorthodox and eclectic in nature. When studying problems of exchange rate management and monetary systems, I prefer to aim for external consistency rather than microfounded internal consistency. I use microeconomics on its own merit to answer industry-specific questions rather than for the purpose of adding up micro agents into a macroeconomic framework. In general, I have utilized a comparative historical approach, formal models and different econometric tools to study various problems relating to stabilization and underdevelopment. I have been writing a column for Stabroek News in Guyana since 2009 and I serve sometimes as external doctoral examiner for University of West Indies. I am somewhat of a retired politician and definitely a retired cricketer.
Money, Banking and Financial Markets
Selected Peer-Reviewed Publications
“Foreign exchange pressure in Barbados: monetary approach or monetary dependence?” Review of Political Economy, accepted for publication (co-author: Darrin Downes).
“Geography, economic structures and institutions: a synthesis,” Structural Change and Economic Dynamics, In Press (co-author: Collin Constantine).
“Exchange rate targeting and gold demand by central banks: modeling international reserves composition,” Emerging Markets Finance and Trade, Vol. 55 (1), 2019 (co-author: Aleksandr V. Gevorkyan).
“Monetary policy and excess liquid assets in small open developing economies.” In Handbook of Small States: Economic, Social and Environmental Issues (edited by L. Briguglio), London and New York: Routledge Taylor and Francis, 2018.
Money, Banking and the Foreign Exchange Market in Emerging Economies, Cheltenham, UK and Northampton, MA, USA: Edward Elgar, 2014.
“The effectiveness of quantitative easing: new evidence on private investment,” Applied Economics, Vol. 48 (28), 2016 (co-author Sherry X. Yu).
“The colonial origins of Guyana’s underdevelopment,” Social and Economic Studies, Vol. 64, No. 2&3, 2015.
“Bank liquidity preference and the investment demand constraint,” Economic Modelling, Vol. 33 (July), 2013.
“Analysis of an unannounced foreign exchange regime change,” Economic Systems, Vol. 36 (1), 2012 (co-author Sukrishnalall Pasha).
“Dual nominal anchors in the Caribbean,” Journal of Economic Studies, Vol. 39 (4), 2012 (co-author Sukrishnalall Pasha).
“What does excess bank liquidity say about the loan market in Less Developed Countries?” Oxford Economic Papers, Vol. 62 (1), 2010.