Economists are a depressing bunch. Our role is to anticipate and assess risks, which one could argue makes us too despondent. And if you’re lucky enough to get an optimistic outlook from one of us, it will follow by something like ‘on the other hand, the risks are skewed to the downside’. That said, we just published the December 2018 Caribbean Regional Quarterly Bulletin, … [Read more...] about The Caribbean Economic Outlook in Three Graphs
By Nathalie Bethel on September 20, 2018 On February 1, 2018, the Sustainable Nassau Action Plan was launched under the auspices of the Inter-American Development Bank’s (IDB) Emerging and Sustainable Cities Program. The Sustainable Nassau Action Plan is the product of a three-year collaborative effort between the Office of the Prime Minister and the IDB. The Action Plan … [Read more...] about Bahamian Youth Leaders Visit MIT’s Media Lab and Plan a Sustainable Urban Future for Nassau
Caribbean countries face serious fiscal and debt challenges. As recorded in the most recent OECD Latin American and Caribbean Economic Outlook 2018, two Caribbean countries hold the highest debt in the region: Barbados and Jamaica. Public debt by currency and legislation, circa 2016 (central government, % of GDP) Source: OECD Latin American and Caribbean Economic Outlook … [Read more...] about Are fiscal rules the solution to the Caribbean’s fiscal woes?
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
In 2017, Mexican entrepreneur Jennifer Reyna, cofounder and CEO of Gaszen, applied to compete in the WeXchange Pitch Competition. After being selected as one of the six finalists, she pitched her company and business plan to an independent jury at the WeXchange 2017 forum in Santiago de Chile. Reyna’s company creates an innovative solution to keep track of gas consumption in … [Read more...] about WeXchange Pitch Competition, an opportunity for Caribbean women entrepreneurs