Many people in the Caribbean feel that times have become more difficult. The data actually corroborates the perception. An important problem is the weak growth performance since the world financial crisis. While other countries and regions have been recovering, most countries in CCB are today poorer than they were in 2007 as shown in Figure 1, which presents GDP per capita in … [Read more...] about Development Challenges: Is the Caribbean losing out?
Social Systems
If you can’t measure it, you can’t improve it: ensuring quality education and training to ride the digital wave (Part 1)
The adoption of automation, artificial intelligence, machine learning, and other technologies is transforming the workplace and shifting the demand for skills. According to a recently released briefing from McKinsey, basic and advanced technological skills, higher cognitive skills, and social and emotional skills are on the rise. While these trends are happening more slowly in … [Read more...] about If you can’t measure it, you can’t improve it: ensuring quality education and training to ride the digital wave (Part 1)
Artificial Intelligence and the Caribbean
We are living through the Fourth Industrial Revolution. It is driven by technological advancements that have the potential to foster innovative growth and benefit development at an unprecedented rate and scope. These technologies include Artificial Intelligence (AI), the Internet of Things (IoT), robotics, big data, and 3D printing. Let us focus on AI. As defined by the … [Read more...] about Artificial Intelligence and the Caribbean
Three key lessons on institutions in Barbados from IDB’s “Nurturing Institutions for a Resilient Caribbean”
The IDB’s Caribbean Country Department recently published a book entitled, “Nurturing Institutions for a Resilient Caribbean.” While exploring the general importance of institutions for growth and equitable development, the book also includes country-specific chapters that provide a detailed overview for six Caribbean countries and indicate areas that would benefit from reforms … [Read more...] about Three key lessons on institutions in Barbados from IDB’s “Nurturing Institutions for a Resilient Caribbean”
Simplifying Lives Survey 2018: Jamaica deadline extended
Until December 20th, 2018 the Inter-American Development Bank (IDB) will be surveying citizen satisfaction in Jamaica as part of the regional Simplifying Lives survey. The survey is available here and can be taken by anyone in Jamaica who has accessed any of the services outlined below, in the last year. If you meet these requirements we want to know about your experience. You … [Read more...] about Simplifying Lives Survey 2018: Jamaica deadline extended