The 4th Industrial Revolution brings endless opportunities for the Caribbean. To exploit these opportunities, the private sector can partner with governments to deploy successful initiatives to prepare the current and future workforce for the emerging technologies. … [Read more...] about The Caribbean: A Private Sector’s Challenge to Increasing Productivity and Growth – Part II
Mobile network operators offer subsidized phones against advanced payments at a reduced price. From a financial point of view, it is not sustainable. … [Read more...] about How to finance mobile network operators in Latin America and the Caribbean?
Over a period of two weeks, the Caribbean was stricken by two devastating Category 5 hurricanes. Tidal surges ravaged pristine beaches, leaving only remnants of what had been homes, luxury hotels, and businesses. For the tourism sector, the second most important source of employment in the region, there will be a period of inactivity estimated to last between three to four … [Read more...] about Three keys for supporting Caribbean tourism after natural disasters
In the Caribbean, the year-round sunshine and extremely favorable insolation levels have not been enough to spur significant investments in renewable energy. Now, a year after the signature of the Paris Agreement, investments in solar energy seem more appealing than ever before, mainly due to four reasons: … [Read more...] about Four reasons why the Caribbean private sector must invest in renewables
Growing up in The Bahamas, I remember my grandmother’s asue. There weren’t any banks where she lived on the island of Inagua, and even if there had been, it wasn’t customary for women to frequent them. To adapt, women (and sometimes men) formed their own informal savings groups, known as asues. As her group’s custodian, my grandmother collected a weekly contribution from … [Read more...] about Three ways to strengthen financing for private companies in the Caribbean