Caribbean economies have recovered from the pandemic-induced recession, but one legacy that lingers is public debt accumulation. This was an inevitable consequence of the sharp economic decline and social needs created by the pandemic, and with the recovery, progress has been made in lowering the burden of public debt. Yet, average debt levels remain elevated, and changing … [Read more...] about A New Year’s Fiscal Resolution: Deal with Debt in the Caribbean
Caribbean Conversations
Empowering the Caribbean: A Journey Towards Sustainable Energy
In the vibrant and culturally diverse region of the Caribbean, there is an essential element that fuels the dreams and aspirations of its people. It is the lifeblood that powers their play, dance, and imagination. However, the Caribbean faces numerous energy challenges, with hurricanes and earthquakes often leaving communities without electricity. Moreover, the heavy reliance … [Read more...] about Empowering the Caribbean: A Journey Towards Sustainable Energy
Financial Challenges for Bahamian Firms
Financial institutions and markets are integral in enabling transactions, intermediating savings for businesses in need of financing, allocating scarce financial resources and facilitating risk diversification. Modern economies rely on these financial institutions and markets to finance private sector development. For economies like The Bahamas, the post-pandemic recovery will … [Read more...] about Financial Challenges for Bahamian Firms
Digital Maturity, Omnichannels and the SME Grocery
The digital grocery ecosystem represents the future of retail, and a successful digital transformation presents significant opportunities for all businesses, especially SMEs. It’s an opportunity to broaden markets, offer customers better experiences, ensure continuity, accelerate growth, and become more resilient. In this blog series we have been exploring the digital grocery … [Read more...] about Digital Maturity, Omnichannels and the SME Grocery
Barbados taking its Blue commitments ahead with innovative deal
A recent New York Times article declared, “Caribbean nations are trapped between the global financial system and a looming climate disaster. One country’s leader has been fighting to find a way out.” That country is Barbados, and the leader is Mia Motley, Prime Minister and climate innovator extraordinaire. As a small island developing state (SIDS), Barbados faces … [Read more...] about Barbados taking its Blue commitments ahead with innovative deal