Take a moment to picture the Caribbean 20 years from today. Think about the country where you live. What does it look like? Is it technologically advanced? Is it resilient? Are you safe, productive and happy? Every action that we take today creates the world we will live in tomorrow. It is with this and present challenges facing the region in mind, that the IDB and its … [Read more...] about A glimpse of what the Caribbean could be…
Innovation & Change
Caribbean countries have long been among the most indebted on earth, and related vulnerabilities have slowed growth and poverty reduction across the region. Our chapter in Economic Institutions for a Resilient Caribbean—entitled: Debt Management and Institutions in the Caribbean: Best Practices and Priorities for Reform—focuses on debt-related vulnerabilities affecting … [Read more...] about Why have Caribbean countries been so indebted, and what can they do to improve outcomes?
Ask a passer-by on the streets of Trinidad and Tobago if they think the public sector is innovative and you are likely to be met with a laugh or a look of disdain. We seem to all have horror stories of unimaginable waiting time or an inability to easily access a public service. All it takes is that one incident to forever cast a shadow of doubt that stretches on for … [Read more...] about Stories of Change from Trinidad and Tobago’s Public Sector
Jason Christie remembers the sound of his mother crying at night. She dreaded returning to her job as a domestic worker the next day. The pay was bad and the treatment she received on the job was worse. But with a family to feed, she never stopped working, even when her health was failing. Jason felt powerless at that time. He wanted to do more to help his mother, but he was … [Read more...] about Improving Lives with Education: One Person at a Time
Many countries have used natural resources extraction to realize energy independence, as well as strong economic and social outcomes. However, for every success story there are sobering lessons for new producers, such as Guyana. Lessons premised on the principles of proactive and coherent petroleum sector governance, inclusive policy formulation, and social … [Read more...] about Bucking the trend: Why institutions matter in Guyana’s hydrocarbon sector