The British Economist, Alfred Marshall said that the causes which determine the economic progress of nations belong to the study of international trade. Indeed, international trade is probably one of the most important drivers of economic growth for developing countries. By increasing production and export levels, an economy can realize positive benefits through greater … [Read more...] about Making International Trade Work for the Caribbean
Economy & Investment
Devaluation: An option for the Caribbean?
Photo courtesy of Wikimedia Commons, User Barry Haynes The Caribbean has long been plagued by low growth, high unemployment, burdensome fiscal deficits, debt, and a high susceptibility to global shocks. Notwithstanding an economic history that is characterized by interventions by the International Monetary Fund (IMF) and the World Bank (WB) that many historians and … [Read more...] about Devaluation: An option for the Caribbean?
The time for organic farming is now: a natural for small island economies
The total acreage under organic production in CARICOM countries is low to non-existent compared to the rest of the world (see table), and this is a missed opportunity for the region. CARICOM appears to be the only organized group of countries in the world to have officially rejected organic agriculture, even as a possible policy option, yet the biggest market for … [Read more...] about The time for organic farming is now: a natural for small island economies
Are you listening?
Photo courtesy of Wikimedia Commons, User, WFinch I’m sure most of us heard this question (Are you listening?) from our parents at some point while growing up. Let’s not get into details here, but overall why were they asking, although I’m not a parent myself (yet) I think it is obvious they were expecting a sign indicating that we got the point, that in the future we … [Read more...] about Are you listening?
Grenada: The Hottest Place to Escape the Cold
I was surprised when I read that Grenada is the hottest place to escape the cold! That at least is according to Kayak’s 2015 Travel Hacker Guide. The Guide rated Grenada among the Top 10 Trending Beach Destination. Their methodology defines “hottest” as destinations with the highest year-on-year increase in clicks in 2014. Now, let’s validate the hotness metric with … [Read more...] about Grenada: The Hottest Place to Escape the Cold