Thanks to the implementation of new policies and processes, residents of Barbados are enjoying the direct benefits of significant institutional reform. For example, routine tasks such as renewing a drivers’ license, filing tax returns and paying taxes, or obtaining a police certificate of character are done more easily. The institutional reforms gained renewed strength with the … [Read more...] about Barbados’ Journey to Stronger Economic Institutions
The COVID-19 pandemic has had a negative impact on Barbadians and has highlighted important traits about financial vulnerability and resilience. The restrictions in movement across and within national borders in response to the public health crisis have struck a hard blow to economic activity in Barbados. Because Barbados’s economy is small and based on tourism, this has … [Read more...] about Understanding Financial Vulnerability and Promoting Resilience in Barbados during COVID-19
The Caribbean region is one of the most exposed to the pandemic economic shock, due to its dependence on tourism and travel. Nevertheless, Caribbean countries have been largely successful in containing COVID-19 transmissions. After months of restricted movement between countries and within national borders, during this second half of 2020 countries are re-opening and … [Read more...] about How can we use innovation to transform post-pandemic tourism?