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
Economic Growth
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
Reigniting Empowerment of tribal women in Suriname
Please join us on a small adventure where the only thing you need to pack is your imagination… Imagine the tropical Amazonian rainforest of Suriname with dense canopies of vegetation and through the dense forest flows a beautiful river called the Suriname River. Across the rapids and through one of the many sandy banks of this river you will find the entrance to the village … [Read more...] about Reigniting Empowerment of tribal women in Suriname
Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds
While 2022 represented a year of recovery for the Caribbean, following drastic economic contractions for many economies in 2020, exogenous economic shocks derailed anticipated progress. High fuel prices spurred increases in transportation and electricity costs across the region, contributing to rising headline inflation. The most recent edition of the IDB’s Caribbean Economics … [Read more...] about Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds
Headwinds facing the post-pandemic recovery in the Caribbean
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