Financial institutions and markets are integral in enabling transactions, intermediating savings for businesses in need of financing, allocating scarce financial resources and facilitating risk diversification. Modern economies rely on these financial institutions and markets to finance private sector development. For economies like The Bahamas, the post-pandemic recovery will … [Read more...] about Financial Challenges for Bahamian Firms
Give Credit Where It Is Due: Firm Financing in a Post-Pandemic Caribbean
Joint research from the IDB’s Caribbean Department, IDB Invest, and the Complete Caribbean Partnership uses enterprise survey data to highlight that firms from across the Caribbean face challenges when it comes to access to finance, particularly given the depth and development of credit and capital markets. Findings suggest that the most pressing barriers to finance are … [Read more...] about Give Credit Where It Is Due: Firm Financing in a Post-Pandemic Caribbean
Digital Maturity, Omnichannels and the SME Grocery
The digital grocery ecosystem represents the future of retail, and a successful digital transformation presents significant opportunities for all businesses, especially SMEs. It’s an opportunity to broaden markets, offer customers better experiences, ensure continuity, accelerate growth, and become more resilient. In this blog series we have been exploring the digital grocery … [Read more...] about Digital Maturity, Omnichannels and the SME Grocery
Barbados taking its Blue commitments ahead with innovative deal
A recent New York Times article declared, “Caribbean nations are trapped between the global financial system and a looming climate disaster. One country’s leader has been fighting to find a way out.” That country is Barbados, and the leader is Mia Motley, Prime Minister and climate innovator extraordinaire. As a small island developing state (SIDS), Barbados faces … [Read more...] about Barbados taking its Blue commitments ahead with innovative deal
A more robust financial sector would strengthen firms in Barbados
Are you a business owner who would like to expand operations but find it difficult to get a loan from a bank? Are you an entrepreneur with an innovative idea that has market value but finding someone to invest in your project seems an impossible task? If that is the case, you are not alone! The new issue of IDB’s Caribbean Economics Quarterly covers the topic of finance … [Read more...] about A more robust financial sector would strengthen firms in Barbados