There are many advantages of multinational companies on developing host countries. From research and development activities that can create knowledge transfer to backward and forward linkages that contribute to economic growth, multinational companies have been credited with adding to the economic well-being of host countries. These activities add to employment opportunities … [Read more...] about The Make-up and Distribution by Sectors of U.S Multinational Companies in the Caribbean
The Caribbean Data Portal: Towards resolving the Caribbean’s data insufficiency
Analytical problems require data to develop insights. As development practitioners, scholars, policymakers, journalists, students, and all other stakeholders are acutely aware, the Caribbean region has suffered long from severe data inadequacies. In turn, this has led to weak results from interventions which are, in some extreme cases, based only on educated guesses. As … [Read more...] about The Caribbean Data Portal: Towards resolving the Caribbean’s data insufficiency
A coffee discussion on Caribbean’s competitiveness…
This is the third in a series of five blogs on economic stagnation in the Caribbean. The first two can be found at: “Smallness hurts, but does it constrain growth?” and “Is there something wrong with the Caribbean?” Stay tuned for more! Sarosh: Good morning Ricardo! Hope you got some sleep. Shall we go and have coffee and talk about Caribbean’s competitiveness? I … [Read more...] about A coffee discussion on Caribbean’s competitiveness…
Is there something wrong with the Caribbean?
This blog is the second in our series of five blogs on economic stagnation in the Caribbean. Our first blog “Smallness hurts, but does it constrain growth?” showed that, while smallness creates several economic problems, it does not constrain growth. With that as a starting point, in this post we illustrate two important ways in which the Caribbean stands … [Read more...] about Is there something wrong with the Caribbean?
Smallness hurts, but does it constrain growth?
Recent research presented in Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean and Does Size Matter? Yes, If You are Caribbean! shows that small economies—defined as countries with populations of less than 3 million—face several unique size-driven macroeconomic challenges and discusses whether or not smallness actually represents a binding constraint … [Read more...] about Smallness hurts, but does it constrain growth?