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
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How can the latest Survey of Living Conditions in Suriname help with the pursuit of development
To design effective policies that can improve the living conditions of households and individuals, it is crucial to keep track of the changing realities on the ground. Surveys are a powerful tool for that. In the case of Suriname, the country faced several challenges in the past few years. The country's Gross Domestic Product (GDP) per capita, which reached its … [Read more...] about How can the latest Survey of Living Conditions in Suriname help with the pursuit of development
Despite persistent headwinds, the Caribbean sees a robust post-pandemic recovery
Despite recent improvements, the Caribbean region is still grappling with headwinds affecting social dynamics, fiscal outcomes, and economic growth. Global commodity prices—particularly for food and energy—remain volatile and above pre-pandemic levels, straining household budgets. While true that tourism dependent economies have seen this crucial sector recover, and commodity … [Read more...] about Despite persistent headwinds, the Caribbean sees a robust post-pandemic recovery
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
4 ways for Barbados to optimize its Marine Spatial Planning
The United Nations Biodiversity Conference (COP15) held in Montreal in December 2022 concluded with strong support for ocean conservation and biodiversity. Currently, 17% of land and 8% of marine areas are under protection and there was strong consensus on the need for effective conservation and management of at least 30% of the world’s land, coastal areas, and … [Read more...] about 4 ways for Barbados to optimize its Marine Spatial Planning