Caribbean economies have recovered from the pandemic-induced recession, but one legacy that lingers is public debt accumulation. This was an inevitable consequence of the sharp economic decline and social needs created by the pandemic, and with the recovery, progress has been made in lowering the burden of public debt. Yet, average debt levels remain elevated, and changing … [Read more...] about A New Year’s Fiscal Resolution: Deal with Debt in the Caribbean
Trinidad and Tobago
Background At the intersection between the pinnacle of technological advancement and intelligence, society has achieved remarkable feats, like self-driving cars and manned lunar missions. However, we are perennially challenged by the Herculean task of avoiding traffic congestion in major cities, towns and transport corridors across the Caribbean including getting a … [Read more...] about Is public transport the antidote to traffic congestion in Trinidad and Tobago?
In the vibrant and culturally diverse region of the Caribbean, there is an essential element that fuels the dreams and aspirations of its people. It is the lifeblood that powers their play, dance, and imagination. However, the Caribbean faces numerous energy challenges, with hurricanes and earthquakes often leaving communities without electricity. Moreover, the heavy reliance … [Read more...] about Empowering the Caribbean: A Journey Towards Sustainable Energy
Trinidad and Tobago (T&T) has made significant strides towards renewable energy and low carbon solutions. By embarking on the first utility scale renewable power generation facility, launching ‘The Roadmap for a Green Hydrogen Economy’, as well as commencing the Solar Park Project at the Piarco International Airport, the country has confirmed its commitment towards reducing … [Read more...] about The Gender and Energy Nexus: A call for inclusion in T&T’s green hydrogen industry
While 2022 represented a year of recovery for the Caribbean, following drastic economic contractions for many economies in 2020, exogenous economic shocks derailed anticipated progress. High fuel prices spurred increases in transportation and electricity costs across the region, contributing to rising headline inflation. The most recent edition of the IDB’s Caribbean Economics … [Read more...] about Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds