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Caribbean Development Trends

Saint Kitts and Nevis’ Energy Market

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Saint Kitts and Nevis: Energy Market Overview The two-island state of St. Kitts and Nevis is part of the Leeward Islands chain in the Eastern Caribbean. The two islands are home to a population of 51,300. About 75 percent of the population, about 40,000, reside on St. Kitts, the remaining  approx. 12,000 live on Nevis. The island states’ economy is dominated by the tourism … [Read more...] about Saint Kitts and Nevis’ Energy Market

High Energy Costs Provoke a Caribbean Regional Call to Action

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by Christopher Barton On December 5, the IDB hosted a regional, ministerial-level energy conference entitled, “The Caribbean’s Energy Future: A Pathway to Regional Fiscal Stability” in Washington, DC. IDB President Luis Alberto Moreno opened the conference with a regional call to action. Dr. Ernest Moniz, the United States’ Secretary of Energy, gave the keynote address and … [Read more...] about High Energy Costs Provoke a Caribbean Regional Call to Action

The IDB’s Country Strategy with the Government of The Bahamas

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by Michael Nelson, Natalie Bethel, Astrid Wynter and Cherran O’Brien Is national income per capita a comprehensive reflection of the development status of a country? What if it is an archipelagic nation lying in the middle of the hurricane belt with a small population, high geographic and economic concentration of production, high reliance on one market for export earnings, … [Read more...] about The IDB’s Country Strategy with the Government of The Bahamas

A new Caribbean energy future is needed today

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by Christopher Barton and Lumas Kendrick There is an inseparable linkage between the fiscal crisis confronting the Caribbean Region and the reality of paying some of the world’s highest per capita energy costs. The countries in the region are encumbered with the necessity to import increasingly expensive oil products for transportation and electricity generation. Covering the … [Read more...] about A new Caribbean energy future is needed today