by Mark D. Wenner and Dillon Clarke The terms “shadow,” “underground,” or “parallel” economies are interchangeable terms used to describe economic activities, legal and illegal, that are not registered in official estimates of gross domestic product (Smith, 1994, p. 18). See table below for what constitute shadow economic activities. … [Read more...] about Shadow Economies and Data Quality: Consequences for Economic Planning and Management
Photo courtesy of Wikimedia Commons Negative economic impacts expected if link to brain damage is proven. Best hope is that scientists find no link. The Zika virus has arrived in the Western Hemisphere and spawned a degree of alarm not previously witnessed with previous outbreaks involving mosquito borne viral infections like dengue and chikungunya. The reason for … [Read more...] about Zika Virus and the Economic and Human Reproductive Health Implications for the Caribbean
The Caribbean diaspora is huge and members tend to send significant amount of remittances back to the region to help relatives and to invest in property and family businesses. It is estimated that Caribbean migrants number 4,116,000 in the United States (1.2% of the total population and remitted approximately US$5 billion in 2013. Other countries with large populations of … [Read more...] about Caribbean Diaspora: How Can They Finance Development in the Region?
Photo courtesy of Wikimedia Commons, Author, Banco Carregosa At present Caribbean states enjoys food security, with the exception of Haiti. Caribbean states with available statistics report average dietary energy supplies greater than 100 percent, whereas Haiti reports 89 percent (FAO Food Security Indicators). Nonetheless, the majority of the Caribbean states are … [Read more...] about Caribbean Food Security in 2030: A Futurist Exercise