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Coronavirus

Headwinds facing the post-pandemic recovery in the Caribbean

January 9, 2023 by David Rosenblatt - Khamal Clayton - Henry Mooney Leave a Comment

After two tumultuous years, 2023 remains characterized by headwinds facing countries across the world. Our previous publications have highlighted the unprecedented nature of the COVID-19 shock to economies across the Caribbean region, particularly given its extreme dependence on external demand for resources, tourism, and finance. Just as the pandemic’s effects began to … [Read more...] about Headwinds facing the post-pandemic recovery in the Caribbean

When Facing a Black Swan, Let’s Work Together

August 12, 2020 by Juan Carlos de la Hoz - Laura Giles Álvarez - Francisco Javier Urra Leave a Comment

COVID-19 in Barbados is proving to be a perfect example of what Nassim Nicholas Taleb termed a “black swan”. It is a rare event, with an extreme impact and which, in retrospect, could have been predicted. As discussed in our latest Caribbean Quarterly Report July 2020, the pandemic reached Barbados in March 2020 and has since been putting both lives and livelihoods at stake in … [Read more...] about When Facing a Black Swan, Let’s Work Together

Covid-19: 11 Key Lessons in Crisis Communications

June 11, 2020 by Alison Binger Christie Leave a Comment

The declaration of COVID- 19 by the World Health Organisation as a global pandemic has plunged the world in unchartered waters. It has afflicted over 8 million people in 213 countries, left over 425,000 dead, millions unemployed, overwhelmed hospitals, broken supply chains and deflated critical sectors such as tourism, energy and agriculture. Crisis communications done … [Read more...] about Covid-19: 11 Key Lessons in Crisis Communications

COVID-19, The Caribbean Crisis

May 14, 2020 by Diether W. Beuermann - Laura Giles Álvarez - Bridget Hoffmann - Diego Vera-Cossio Leave a Comment

COVID-19 is taking an unprecedented (albeit still unknown) toll on Caribbean region’s economic growth. According to the recently published Caribbean Quarterly Bulletin, the decline in the tourism industry will particularly affect The Bahamas, Barbados and Jamaica. Plummeting international commodity prices are having severe consequences in Guyana, Suriname and Trinidad and … [Read more...] about COVID-19, The Caribbean Crisis

What effects will COVID-19 have on employment in Latin America and the Caribbean?

May 11, 2020 by Álvaro Altamirano Montoya - Oliver Azuara - Stephanie González Rubio Leave a Comment

In a prolonged recession from the coronavirus, The Bahamas could see job losses of -26.9% and Jamaica -24.8%. While in Guyana, Suriname and Trinidad and Tobago, their jobs could shrink by -16.7%, -14.5% and -10.5% respectively.   COVID-19’s impact on the world's labor markets is unprecedented. In the United States, 16.8 million people applied for unemployment … [Read more...] about What effects will COVID-19 have on employment in Latin America and the Caribbean?

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Caribbean Dev Trends

We provide unique and timely insights on the Caribbean and its political, social, and economic development. At the IDB, we strive to improve lives in the Caribbean by creating vibrant and resilient economies where people are safe, productive and happy.

Recent posts

  • Headwinds facing the post-pandemic recovery in the Caribbean
  • Closing the digital divide: Leaving no one behind in the grocery ecosystem
  • Pr.A.I.S.E. for raising the bar in the Trinidad & Tobago public sector
  • Financial Challenges for Bahamian Firms
  • Give Credit Where It Is Due: Firm Financing in a Post-Pandemic Caribbean

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