In each of these Barbados is internationally competitive, or can be. Investment should be concentrated in these areas, for the medium term. In the short term the Balance of Payments should be kept stable; that is the best we can do.
For monetary policy decisions, extensive economic analyses are made to which the supervisors may resort in order to obtain additional information about the environment and the conditions under which the banks conduct their business. The ECB has extensive knowledge of the market and provides, among other things, real-time insights into the general refinancing situation of the banks.