The Caribbean is often described using the moniker “high debt, low growth,” yet this has not truly been the case until recently. The Caribbean Economic Team’s Quarterly Regional Bulletin contends that debt is or is forecasted to become too high in the Caribbean—perhaps crossing into the “dark side.” The Caribbean debt benchmark, used to judge whether debt is too high, is … [Read more...] about The Dark Side of Debt
Canadian International Development Agency
Caribbean Growth Forum: A Step in the Right Direction
In June of this year, IDB's President Luis Alberto Moreno delivered a thought provoking keynote address to the Regional Caribbean Growth Forum (CGF) Workshop that suggested the forecast for continued weak economic growth in the US and Europe was bad news for the Caribbean's tourist industry, and that the Caribbean "cannot depend on an improvement in external … [Read more...] about Caribbean Growth Forum: A Step in the Right Direction