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
CARICOM
The Caribbean Private Sector: How to expand lending
“All cassava have the same skin, but all don’t taste the same way,” is a Caribbean proverb which seeks to say people may look similar on the outside yet are all quite different on the inside. The saying, which first originated in Guyana, speaks about the individuality of people, yet it also resonates with me as a development professional when thinking about the diversity of … [Read more...] about The Caribbean Private Sector: How to expand lending
Caribbean Energy Security is Good Business
With the exception of gas-rich Trinidad and Tobago, the 14 other countries of the Caribbean Community (CARICOM) are energy importers. In fact, 93 percent of the region’s energy needs are met by oil imports, which average 13 percent of GDP. Venezuela is the main supplier of oil to the Caribbean through the PetroCaribe agreement, formed in 2005, which provides oil on attractive … [Read more...] about Caribbean Energy Security is Good Business
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