This is the third in a series of five blogs on economic stagnation in the Caribbean. The first two can be found at: “Smallness hurts, but does it constrain growth?” and “Is there something wrong with the Caribbean?” Stay tuned for more! Sarosh: Good morning Ricardo! Hope you got some sleep. Shall we go and have coffee and talk about Caribbean’s competitiveness? I … [Read more...] about A coffee discussion on Caribbean’s competitiveness…
Economy & Investment
Climate finance and Climate Investment Funds
What do Bob Marley and climate change have in common? Never would I have thought there might be a connection between Bob Marley and climate change. “It’s all about ‘One Love,’” repeated the Honorable Minister Ian Hayles of Water, Land, Environment and Climate Change, when he opened the Climate Investment Fund (CIF) Partnership Forum in Montego Bay, Jamaica. Obviously the … [Read more...] about Climate finance and Climate Investment Funds
The Fear Factor a Back-Of-The-Envelope Calculation on the Economic Risk of an Ebola Scare in The Caribbean
This brief presents simulations of an Ebola scare in the Caribbean, including three highly tourism-dependent economies, The Bahamas, Barbados, and Jamaica. On the basis of the experience of Mexico in 2009 with swine flu, we simulate a short but sharp drop in tourist arrivals resulting from tourists' worries about Ebola. The Caribbean is special in that tourism contributes … [Read more...] about The Fear Factor a Back-Of-The-Envelope Calculation on the Economic Risk of an Ebola Scare in The Caribbean
Is there something wrong with the Caribbean?
This blog is the second in our series of five blogs on economic stagnation in the Caribbean. Our first blog “Smallness hurts, but does it constrain growth?” showed that, while smallness creates several economic problems, it does not constrain growth. With that as a starting point, in this post we illustrate two important ways in which the Caribbean stands … [Read more...] about Is there something wrong with the Caribbean?
Compete Caribbean
by Compete Caribbean The Caribbean is a region known for its magnificent beauty, rich diversity, unique culture, and abundant natural resources. Despite these qualities, the region faces declining long-term growth and major challenges, including high debt levels and stagnant productivity. To help address these challenges, major donor agencies in the region came together to … [Read more...] about Compete Caribbean