Preservation of life and property is the most pressing instinct when faced with the threat of a natural disaster. But after survival, the next phase – recovery – can be the more arduous and complex feat. Since 2010, the Caribbean region incurred an estimated US$3.2 billion in damage to housing, crops, and infrastructure while total deaths amounted to nearly 180 persons. At … [Read more...] about Avoiding A Debt Disaster
Economy & Investment
For 50 years the Inter-American Development Bank has been partnering with the people of Barbados. Now, at a crucial time in its history, this relationship is stronger than ever. As Barbados’ leading multilateral partner our relationship with the island nation extends far beyond its present macro-economic reform agenda. We’re looking ahead to the next 50 years, taking it five … [Read more...] about A New Chapter of Engagement
In January of this year, Minister Marsha Caddle of Barbados announced the creation of a Doing Business (DB) subcommittee with the objective of improving the country’s ranking in the World Bank’s Doing Business indicator (DBI). In announcing a specific desire to climb in the Doing Business ranking, Barbados joins countries like Jamaica, China, India and Russia. In light of the … [Read more...] about Doing Business in the Caribbean, or Not?
Here is a new feature from the IDB’s Caribbean Country Department: Improving Caribbean Lives podcasts for in-depth discussions of emerging Caribbean development ideas and trends. Listen to the series included in some of our blogs and also available on SoundCloud. A recent Inter-American Development Bank (IDB) publication entitled: “Jamaica: Financial Development, Access … [Read more...] about Podcast Series: Financial Development and Inclusion in Jamaica and the Caribbean
Imagine a community without trending conversations around the new world of work, artificial intelligence, and disruptive technology? One word – Obsolete. In an effort to spark dialogue and new perspectives, Dr. Allan Wright, the Inter-American Development Bank’s (IDB) economist in Nassau, recently gave a presentation at The University of The Bahamas (UB) on the economic … [Read more...] about Will automation undermine or enhance human development?