By Michelle Fryer One in every three households in Latin America and the Caribbean has experienced some kind of housing deficit, the most prevalent being the lack of access to basic services (16%), tenure insecurity (11%), poor materials (7%) and overcrowding (6%). Governments are well-aware --the housing sector is heavily regulated in most if not all countries, all trying … [Read more...] about Finding the key to affordable homes: 4 lessons learned from public interventions in the Caribbean
Economy & Investment
The Future of Trinidad’s Economy Depends on the Skills of its Workforce, Not on Oil and Gas
By: CAROLINA GONZÁLEZ VELOSA and MARÍA EUGENIA DE DIEGO Some countries are luckier than others. In Latin America and the Caribbean, some have been endowed with an abundance of oil, gas and mineral reserves. This is the case for Chile, Colombia and Peru, where mineral extraction and oil drilling have been important sources of income. However, this abundance can backfire in … [Read more...] about The Future of Trinidad’s Economy Depends on the Skills of its Workforce, Not on Oil and Gas
Fiscal Limits for Developing Economies in Central America and the Caribbean
By Allan Wright (IDB) and Francisco A. Ramírez (Central Bank of the Dominican Republic) The buildup of fiscal deficits and its subsequent escalation of national debt burdens during the last decade is one of the main characteristics of Central American and Caribbean economies. A close analysis of the fiscal position of these developing economies shows that during the … [Read more...] about Fiscal Limits for Developing Economies in Central America and the Caribbean
Suriname’s Debt Surge: What’s Driving It?
The debt to GDP ratio in Suriname increased by 35.6 percentage points in 3 years, moving from 29% of its GDP in 2014 to 64.6% in 2016. It’s the largest increase in a debt ratio recorded in Latin America and the Caribbean (LAC) over the period. Trinidad and Tobago, Belize and Brazil were the only other countries that experienced double digit increases over the same … [Read more...] about Suriname’s Debt Surge: What’s Driving It?
The Make-up and Distribution by Sectors of U.S Multinational Companies in the Caribbean
There are many advantages of multinational companies on developing host countries. From research and development activities that can create knowledge transfer to backward and forward linkages that contribute to economic growth, multinational companies have been credited with adding to the economic well-being of host countries. These activities add to employment opportunities … [Read more...] about The Make-up and Distribution by Sectors of U.S Multinational Companies in the Caribbean