by CCB Caribbean Economics Team CCB’s Caribbean Economics Team is pleased to send the tenth Issue of the Caribbean Region Quarterly Bulletin. Are output changes and the unemployment rate related in Trinidad and Tobago? According to the economic theory known as Okun's Law, the two variables should be negatively correlated, and for the United States this relation holds … [Read more...] about Unemployment and Growth: Does Okun’s Law Apply to Trinidad and Tobago?
Trinidad and Tobago
By Kellisha Wells, Khadija McKay, Safiyya Mohammed and Zachary Subran-Ganesh (CTT’s 2014 D&I Summer Interns) The IDB is absolutely the best place anyone could wish to be a summer intern. The staff was extremely friendly and willing to share their knowledge with us. The environment made it possible for us to express ourselves without inhibition. They encouraged active … [Read more...] about Summer Fun – Internship at the IDB Country Office in T&T
Innovation, the process of making something better, can be a powerful driver of growth. Indeed, for small economies with a high level of human capital like the Caribbean, innovation has the potential to become the cornerstone of development policy. Thus, “innovating innovation” in the Caribbean to create a ‘start-up’ culture, while admittedly ambitious, is a worthwhile … [Read more...] about Innovating Innovation: ‘Starting Up’ the Caribbean
http://www.youtube.com/watch?v=9824382gOsA Flooding is by no means a problem experienced alone by those in tropical climates, but it afflicts the lives of people across the world. In February of this year, we saw the villages of Moorland and Fordgate in the United Kingdom besieged by flood waters and the grim impact of flooding in Burundi. Further underscoring the case that … [Read more...] about Combatting the Terror of Flooding
Will Trinidad & Tobago’s energy services suppliers outlast the country’s energy supply? This was one of the questions posed to the participants of the Joint Dialogue on the Trinidad & Tobago Private Sector Assessment Report (PSAR) by Dr. Carlos Elias, author of the PSAR, in Port of Spain, February 19. The Joint Dialogue was hosted by the Ministry of Planning … [Read more...] about Will Trinidad & Tobago’s energy services suppliers outlast the country’s energy supply?