The IDB’s Caribbean Country Department recently published a book entitled, “Nurturing Institutions for a Resilient Caribbean.” While exploring the general importance of institutions for growth and equitable development, the book also includes country-specific chapters that provide a detailed overview for six Caribbean countries and indicate areas that would benefit from reforms … [Read more...] about Three key lessons on institutions in Barbados from IDB’s “Nurturing Institutions for a Resilient Caribbean”
Simplifying Lives Survey 2018: Jamaica deadline extended
Until December 20th, 2018 the Inter-American Development Bank (IDB) will be surveying citizen satisfaction in Jamaica as part of the regional Simplifying Lives survey. The survey is available here and can be taken by anyone in Jamaica who has accessed any of the services outlined below, in the last year. If you meet these requirements we want to know about your experience. You … [Read more...] about Simplifying Lives Survey 2018: Jamaica deadline extended
An imperfect measure with major implications
Gross Domestic Product (GDP) is a widespread measure of economic performance that captures the value of all goods and services produced in a country during a specific period of time (e.g. one year). Yet, there are two key challenges when estimating GDP: i) How to capture the whole economy; ii) how to estimate the value added of all goods and services produced. Given that GDP is … [Read more...] about An imperfect measure with major implications
Boosting Trinidad’s Private Sector Engine: International experiences from across the Americas
According to the latest Global Competitiveness Report, Trinidad and Tobago ranks 83rd out of 137 countries. Climbing the ranks and increasing the competitiveness of the country could lead to several benefits. It may stimulate economic diversification and non-energy exports, correct external imbalances, generate employment, and spur innovation. In order to become more … [Read more...] about Boosting Trinidad’s Private Sector Engine: International experiences from across the Americas
Wanted: Workers with digital skills
Technology is quickly transforming the way we live and work. Most transactions are digital, information is immediate. Do you remember a time without Google or smart phones? Or the last time you walked into a bank to withdraw money? Soon enough, we won’t need a telephone to communicate because communications capabilities will be built into all the other devices we use — our … [Read more...] about Wanted: Workers with digital skills