Pension systems in the Caribbean countries have room for improvement. In our chapter, Pension Systems in the Caribbean: The Challenges Ahead, published in Economic Institutions for a Resilient Caribbean, we assess some pressing issues that will require attention to ensure the functionality and financial sustainability of pension systems in six Caribbean countries (The Bahamas, … [Read more...] about Seven considerations in reforming pension systems in the Caribbean
María Alejandra Zegarra
Maria Alejandra holds a master’s in Economics from Brown University and is a former Fulbright Scholar. She earned her bachelor’s degree in Economics at Universidad del Pacífico in Lima. She co-authored "El porvenir de la vejez: demografía, empleo y ahorro" (The future of aging: impacts of demography, employment and savings on the retirement system) in Peru, and has worked on the effects of mining, economic activity and the long-term consequences of inequality, also in Peru. Maria Alejandra is part of the Caribbean Economics Team (CET), providing support in the creation of research products and coordinating some CET activities from the IDB’s head office.
Imagining a Post-COVID Tourism Recovery
Countries around the world have endured over a year of extreme uncertainty in the context of the COVID-19 crisis, and economies in the Caribbean have suffered more than most. But with the increasing availability of vaccines and prospects for a resumption of international travel, light is emerging at the end of the Pandemic tunnel. With this in mind, The Inter-American … [Read more...] about Imagining a Post-COVID Tourism Recovery
Extreme Outlier: The Pandemic’s Unprecedented Shock to Tourism in Latin America and the Caribbean
COVID-19 has generated a previously unimaginable shock to economic activity in some sectors for counties across the world—an ‘extreme outlier’ event in statistical terms. For many countries, shocks of this magnitude have not been experienced except during periods of armed conflict or extreme natural disasters. A recent publication from Inter-American Development Bank (IDB) … [Read more...] about Extreme Outlier: The Pandemic’s Unprecedented Shock to Tourism in Latin America and the Caribbean
Caribbean Economies in the Time of Coronavirus
The Inter-American Development Bank’s (IDB) Caribbean Department has published a special edition of its Caribbean Quarterly Bulletin—also detailed on our new dedicated website—focused on the evolving economic and human consequences of the COVID-19 outbreak for the region.[1] Our team of economists from across the region has been advising IDB senior management and member-country … [Read more...] about Caribbean Economies in the Time of Coronavirus
COVID-19: Tourism-Based Shock Scenarios for Caribbean Countries
The COVID-19 outbreak could have considerable implications for Caribbean citizens and their economies. The magnitude of this impact will depend crucially on the spread of the virus, the duration of the outbreak, and measures countries in the region and elsewhere undertake to insulate themselves. It will also have much to do with country economic structures—particularly tourism … [Read more...] about COVID-19: Tourism-Based Shock Scenarios for Caribbean Countries