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
Tourism has been one of the sectors most affected by the COVID-19 pandemic. This once-in-a-century event has generated the worst demand shock in tourism’s recorded history. One year into the pandemic, demand for hotel rooms and cruise trips are yet to recover. In tourism-dependent countries like Barbados, companies are struggling to survive. The … [Read more...] about What’s next for Barbados’ tourism industry?
“This as an opportunity to rethink tourism and rethink the economies that are based on tourism,” urges Graham Watkins, Chief of the IDB’s Climate Change and Sustainability Division, during the third instalment of the Tourism in the Caribbean: Stories from the field during COVID-19 podcast. Despite its devastating impact on the lives and livelihoods of millions of people in … [Read more...] about 5 ideas to create a sustainable tourism sector from Barbados to the Galápagos
At a time when news headlines related to the COVID-19 pandemic have been dire, Barbados captured imaginations around the world with the announcement of its 12-month Welcome Stamp program. The initiative invites foreign nationals who meet certain criteria to make the Caribbean island their base for remote work. This as residents of some of the island’s major tourism source … [Read more...] about Stories from the Field: Reopening and repositioning Caribbean tourism
We are often reminded that climate change is not a phenomenon to be taken lightly. However, too often we only come to grips with this important issue when an event has severely wounded an island-neighbor for the fear that our island may be the next to suffer similar consequences. And there is no telling just when that might be. In recent years, Barbados has experienced more … [Read more...] about Resilience Starts At Home: How can Barbadians take the fight to climate change?