While 2022 represented a year of recovery for the Caribbean, following drastic economic contractions for many economies in 2020, exogenous economic shocks derailed anticipated progress. High fuel prices spurred increases in transportation and electricity costs across the region, contributing to rising headline inflation. The most recent edition of the IDB’s Caribbean Economics … [Read more...] about Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds
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Headwinds facing the post-pandemic recovery in the Caribbean
After two tumultuous years, 2023 remains characterized by headwinds facing countries across the world. Our previous publications have highlighted the unprecedented nature of the COVID-19 shock to economies across the Caribbean region, particularly given its extreme dependence on external demand for resources, tourism, and finance. Just as the pandemic’s effects began to … [Read more...] about Headwinds facing the post-pandemic recovery in the Caribbean
Closing the digital divide: Leaving no one behind in the grocery ecosystem
Without question, the digital grocery ecosystem is shaping the future of retail. E-commerce is growing and rapid rates of digital grocery transformation continue across the globe. Propelled by the COVID-19 pandemic, the digital economy is emerging in Latin America and the Caribbean, and vendors need to be responsive to the opportunities and risks associated with disruptive … [Read more...] about Closing the digital divide: Leaving no one behind in the grocery ecosystem
The IDB Group welcomes Caribbean Storyteller Golda Lee Bruce and a new strategy for communicating with the people of the Caribbean
Central to our strategy of improving lives in the Caribbean is changing the way we share our messages with and listen to the citizens of the region. This is where storytelling matters. To help us do it right, we have recruited one of the most gifted storytellers from the Caribbean region, Golda Lee Bruce. Golda becomes the first Development Storyteller at the Inter-American … [Read more...] about The IDB Group welcomes Caribbean Storyteller Golda Lee Bruce and a new strategy for communicating with the people of the Caribbean
When the Scientific Method Goes to School
By Julián Cristiá and Steven Ambrus Ask any parent in the Caribbean what they most want for their kids, and you’re very likely to hear it summed up in one word: education. Parents know that learning can bring their children satisfaction, success and prosperity, and they’ve opened their wallets, spending a higher share of their household budget on schooling than in the United … [Read more...] about When the Scientific Method Goes to School