The IX Annual IDB Inter-American Development Bank (IDB) Group-Caribbean Civil Society Meeting, held November 12, 2019 in Barbados, was convened under the theme “Citizen Engagement for Transparency”. IDB Vice President for Countries (VPC), Alexandre Meira da Rosa spoke at the event on the level of trust and transparency in Latin America and the Caribbean and its role in … [Read more...] about Trust and Transparency: Key Ingredients for Citizens’ Well-being
Economy & Investment
A Synchronized Slowdown of the Global Economy – Is the Caribbean in Sync?
With growth rates for the World Economy of 3.8 percent in 2017 (and similar expectations for 2018), the IMF declared in 2018 that the World Economy was in a ‘cyclical upswing’ but also warned that ‘For most countries, current favorable growth rates will not last.’ That forecast has proven to be correct, even though the speed at which the World Economy has slowed has come as a … [Read more...] about A Synchronized Slowdown of the Global Economy – Is the Caribbean in Sync?
What’s in a number? Opening the black box of GDP measurement
A country’s Gross Domestic Product (GDP) is defined as the monetary value of all final goods and services produced by a nation’s economy. Even though it has many shortcomings[1], GDP – also expressed in per capita terms or growth rates– is still used as one of the main measures to gauge development and discuss economic performance (see, e.g., Dynan and Sheiner, 2018). But … [Read more...] about What’s in a number? Opening the black box of GDP measurement
Improving refugee integration, a Caribbean perspective
The number of refugees is at a record high worldwide and the Caribbean is no exception. How refugees are integrated into the communities that receive them is becoming a key development issue, for the Caribbean and other regions. This blog takes the opportunity to review some key trends and issues relating to refugees in the Caribbean region and analyzes factors that impact … [Read more...] about Improving refugee integration, a Caribbean perspective
IDB celebrates Jamaica’s independence and 50 years of partnership
This year marks Jamaica’s 57th Anniversary of Independence. It will also mark a half-century of IDB support for the government and people of Jamaica as the country’s foremost multilateral partner. Few, if any countries, at any level of income or development have accomplished as much, as quickly as Jamaica, and in keeping with our mandate to improve lives, the IDB is proud of … [Read more...] about IDB celebrates Jamaica’s independence and 50 years of partnership