Summer 2021 Caribbean Quarterly Economic Bulletin For more than a year, the Caribbean economics team at the Inter-American Development Bank (IDB) has focused on the potential implications of the COVID-19 pandemic for lives and livelihoods across the region. The pandemic is still with us, and the emergence of new and more virulent strains of COVID-19 has also increased … [Read more...] about The Fragile Path to Recovery in the Caribbean
Economy & Investment
Seven considerations in reforming pension systems in the Caribbean
Pension systems in the Caribbean countries have room for improvement. In our chapter, Pension Systems in the Caribbean: The Challenges Ahead, published in Economic Institutions for a Resilient Caribbean, we assess some pressing issues that will require attention to ensure the functionality and financial sustainability of pension systems in six Caribbean countries (The Bahamas, … [Read more...] about Seven considerations in reforming pension systems in the Caribbean
Barbados’ Journey to Stronger Economic Institutions
Thanks to the implementation of new policies and processes, residents of Barbados are enjoying the direct benefits of significant institutional reform. For example, routine tasks such as renewing a drivers’ license, filing tax returns and paying taxes, or obtaining a police certificate of character are done more easily. The institutional reforms gained renewed strength with the … [Read more...] about Barbados’ Journey to Stronger Economic Institutions
Imagining a Post-COVID Tourism Recovery
Countries around the world have endured over a year of extreme uncertainty in the context of the COVID-19 crisis, and economies in the Caribbean have suffered more than most. But with the increasing availability of vaccines and prospects for a resumption of international travel, light is emerging at the end of the Pandemic tunnel. With this in mind, The Inter-American … [Read more...] about Imagining a Post-COVID Tourism Recovery
A glimpse of what the Caribbean could be…
Take a moment to picture the Caribbean 20 years from today. Think about the country where you live. What does it look like? Is it technologically advanced? Is it resilient? Are you safe, productive and happy? Every action that we take today creates the world we will live in tomorrow. It is with this and present challenges facing the region in mind, that the IDB and its … [Read more...] about A glimpse of what the Caribbean could be…