Innovation levels in the Caribbean region are relatively low. On average, roughly 19 percent of Caribbean firms reported having engaged in some form of innovation in the past three years. The range varies from the lowest, at 4.8 percent of firms in Dominica, to the highest at 53 percent of firms in Guyana. A higher proportion of firms reported their intention to engage in … [Read more...] about How much do workforce skills matter for innovation in the Caribbean?
Caribbean
Are fiscal rules the solution to the Caribbean’s fiscal woes?
Caribbean countries face serious fiscal and debt challenges. As recorded in the most recent OECD Latin American and Caribbean Economic Outlook 2018, two Caribbean countries hold the highest debt in the region: Barbados and Jamaica. Public debt by currency and legislation, circa 2016 (central government, % of GDP) Source: OECD Latin American and Caribbean Economic Outlook … [Read more...] about Are fiscal rules the solution to the Caribbean’s fiscal woes?
UWI, IDB partnering to promote innovation and job creation in the Caribbean
Featured image: design composition by Lynn Saghir, Communications and Creative Director, Inter-American Development Bank - Composition made from Shutterstock photos Disrupting the present to write and right the future of the Caribbean The Inter-American Development Bank (IDB)’s video ‘Jump Caribbean’ presents a vision of what the Caribbean can look like in 2040. A … [Read more...] about UWI, IDB partnering to promote innovation and job creation in the Caribbean