In order to develop geothermal power, abundant underground heat and steam is required, which is not that easy to find. At the same time, large investments are needed in assessing the resource, conducting exploratory drilling, constructing geothermal plants, and building transmission lines. Small Islands Developing States (SIDS), like those in the Eastern Caribbean, have the … [Read more...] about Developing Geothermal Power in Small Islands Developing States
Not Standing Still: Takeaways for Jamaica from the book “Nurturing Institutions for a Resilient Caribbean”
A new publication entitled, “Nurturing Institutions for a Resilient Caribbean” was recently launched in Jamaica. Strong interest in the subject and the lively discussion that ensued at the launch event highlights the importance of institutions for Jamaica’s future development. In this context, a chapter of the publication focused on Jamaica offers insights regarding four key … [Read more...] about Not Standing Still: Takeaways for Jamaica from the book “Nurturing Institutions for a Resilient Caribbean”
How The Bahamas’ Fiscal Responsibility Framework of 2018 will aid governance and accountability
The Bahamas’ Fiscal Responsibility Bill (FRB) 2018, can be compared with some standard principles that typically guide the formation of a Fiscal Responsibility Framework (FRF). Based on our examination, we conclude that the objectives of The Bahamas’ proposed FRF are clear, sound and are in accord with the typical objectives of a standard rules-based framework. We also find … [Read more...] about How The Bahamas’ Fiscal Responsibility Framework of 2018 will aid governance and accountability
Better Governments for Better Lives: A Road Map for Enhancing Civil Service Management in Six Caribbean Countries
High-quality human resources are the centerpiece of state capacity. The ways in which the civil service is managed—human resource planning policies, recruitment and selection, pay, and professional development, among other factors—are critical for attracting, retaining, and motivating the right people. These are the people delivering services to us and our families every … [Read more...] about Better Governments for Better Lives: A Road Map for Enhancing Civil Service Management in Six Caribbean Countries
Development Challenges: Is the Caribbean losing out?
Many people in the Caribbean feel that times have become more difficult. The data actually corroborates the perception. An important problem is the weak growth performance since the world financial crisis. While other countries and regions have been recovering, most countries in CCB are today poorer than they were in 2007 as shown in Figure 1, which presents GDP per capita in … [Read more...] about Development Challenges: Is the Caribbean losing out?