Countries around the world have endured over a year of extreme uncertainty in the context of the COVID-19 crisis, and economies in the Caribbean have suffered more than most. But with the increasing availability of vaccines and prospects for a resumption of international travel, light is emerging at the end of the Pandemic tunnel. With this in mind, The Inter-American … [Read more...] about Imagining a Post-COVID Tourism Recovery
Guyana
A glimpse of what the Caribbean could be…
Take a moment to picture the Caribbean 20 years from today. Think about the country where you live. What does it look like? Is it technologically advanced? Is it resilient? Are you safe, productive and happy? Every action that we take today creates the world we will live in tomorrow. It is with this and present challenges facing the region in mind, that the IDB and its … [Read more...] about A glimpse of what the Caribbean could be…
What can Caribbean countries do to accelerate financial development?
Financial development is crucial for economic growth, poverty reduction, reducing inequality, and a number of other important social outcomes. Caribbean countries have historically lagged in a number of related areas, and our new chapter in Economic Institutions for a Resilient Caribbean—entitled: Financial Development in the Caribbean—focuses on how countries in the region … [Read more...] about What can Caribbean countries do to accelerate financial development?
Why have Caribbean countries been so indebted, and what can they do to improve outcomes?
Caribbean countries have long been among the most indebted on earth, and related vulnerabilities have slowed growth and poverty reduction across the region. Our chapter in Economic Institutions for a Resilient Caribbean—entitled: Debt Management and Institutions in the Caribbean: Best Practices and Priorities for Reform—focuses on debt-related vulnerabilities affecting … [Read more...] about Why have Caribbean countries been so indebted, and what can they do to improve outcomes?
Bucking the trend: Why institutions matter in Guyana’s hydrocarbon sector
Many countries have used natural resources extraction to realize energy independence, as well as strong economic and social outcomes. However, for every success story there are sobering lessons for new producers, such as Guyana. Lessons premised on the principles of proactive and coherent petroleum sector governance, inclusive policy formulation, and social … [Read more...] about Bucking the trend: Why institutions matter in Guyana’s hydrocarbon sector