After two tumultuous years, 2023 remains characterized by headwinds facing countries across the world. Our previous publications have highlighted the unprecedented nature of the COVID-19 shock to economies across the Caribbean region, particularly given its extreme dependence on external demand for resources, tourism, and finance. Just as the pandemic’s effects began to … [Read more...] about Headwinds facing the post-pandemic recovery in the Caribbean
Suriname
Exploring the potential of Finclusion in Suriname
Finclusion is a combination of the words Financial Inclusion and FinTech. It is used to describe FinTech-driven financial inclusion. In this blog, we summarize the main findings of our paper on Financial Inclusion and FinTech in Suriname. What is financial inclusion? Financial inclusion means that individuals and businesses have access to financial products and services … [Read more...] about Exploring the potential of Finclusion in Suriname
Versterking van economische instellingen ter ondersteuning van Surinaamse overheidsfinanciën
Als we kijken naar de economische vooruitzichten van Suriname, kunnen we stellen dat het land voor een aantal uitdagingen staat. De economie is nog niet hersteld van de recessie van 2015, welke werd gekenmerkt door een significante daling in economische groei, grote fiscale- en externe onevenwichtigheden en een snelle toename van de staatsschuld. Verder verergeren de … [Read more...] about Versterking van economische instellingen ter ondersteuning van Surinaamse overheidsfinanciën
Strengthening Economic Institutions to Support Suriname’s Public Finances
Suriname is facing a challenging economic outlook. The country’s economy has not recovered from the 2015 recession which was characterized by a large contraction in economic growth, large fiscal and external imbalances, and a rapid increase in central government debt. The effects of the ongoing COVID-19 pandemic are worsening the macroeconomic situation and affecting … [Read more...] about Strengthening Economic Institutions to Support Suriname’s Public Finances
The First Solar Plant for Rural Communities in Suriname
By Jordi Abadal and Javier Cuervo Last January, Suriname inaugurated the first solar plant for rural electrification purposes. The plant, with a capacity of 500 kW, will provide 24 hours electricity to the rural community of Pokigron and to Atjoni under the operational responsibility of EBS, the state-owned electric utility of Suriname, and with financing from the … [Read more...] about The First Solar Plant for Rural Communities in Suriname