Barbados’ economy is faced with numerous macroeconomic challenges. During the period 2009 to 2013, the economy cumulatively contracted by 0.5 percent. This economic reduction is estimated by the IMF to continue for this year due partly to declining competitiveness especially in the tourism sector. This makes Barbados the only CARICOM country with negative growth for 2014. The … [Read more...] about Macroeconomic Challenges for Barbados
Barbados
Regional Report: Tourism Finally Looking South
by CCB Caribbean Economics Team CCB’s Caribbean Economics Team is pleased to send the seventh Issue of the Caribbean Region Quarterly Bulletin. It analyzes recent economic developments of The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. The Special Country Reports consider trends in tourism, and policy options for the sector. For Guyana, the … [Read more...] about Regional Report: Tourism Finally Looking South
Kurt Kisto: Public Private Partnerships Can Add Sustainable Value to Caribbean Development
by Christopher Barton, EXR Kurt Kisto, the IDB’s executive director for the Caribbean, delivered opening remarks at a recent Barbados conference on Caribbean Public/Private Partnerships (PPPs) for Sustainable Growth. Director Kisto’s remarks were later published as an op-ed in Trinidad’s Business Guardian. … [Read more...] about Kurt Kisto: Public Private Partnerships Can Add Sustainable Value to Caribbean Development
IDB’s Third Annual Retreat of Caribbean Civil Society Groups
by Pamala Proverbs Country Office Barbados hosted the third edition of the Annual Retreat of the Caribbean Civil Society Consultative Groups (ConSOC) at the Hilton Barbados Hotel on May 30 and 31 2013. … [Read more...] about IDB’s Third Annual Retreat of Caribbean Civil Society Groups
Barbados-based Caribbean Centre of Excellence for Youth Entrepreneurship Wins IDB Award
On November 19, the IDB announced one of two Juscelino Kubitschek Awards to the Caribbean Centre of Excellence for Youth Entrepreneurship (CEYE) in the amount of US $100,000.00. There were more than 496 proposals submitted from 28 countries. The award recognizes outstanding contributions in i) economics and finance, and 2) social, cultural, and scientific achievement and is … [Read more...] about Barbados-based Caribbean Centre of Excellence for Youth Entrepreneurship Wins IDB Award