The United Kingdom’s decision to leave the European Union immediately led to anxiety in the Caribbean. Initially, critics pointed out that the Brexit vote might lead to a slowdown of the world economy, fallout of remittances and tourism, and the loss of a trade agreement between the United Kingdom and the Caribbean, potentially bringing renewed challenges to the already-weak … [Read more...] about Brexit Effects after All? : The Case of Jamaica
European Union
Making International Trade Work for the Caribbean
The British Economist, Alfred Marshall said that the causes which determine the economic progress of nations belong to the study of international trade. Indeed, international trade is probably one of the most important drivers of economic growth for developing countries. By increasing production and export levels, an economy can realize positive benefits through greater … [Read more...] about Making International Trade Work for the Caribbean
Caribbean Trade with Europe: A Reflection on the Negotiating Process
by Guest bloggers Christine V. Gomes and Mathias Mondino On February 6th, former Caribbean Executive Director for the Inter-American Development Bank, Ambassador Richard Bernal was hosted at the Council of the Americas to discuss Caribbean Trade negotiations with the European Union. During the event, Ambassador Bernal presented his recently released book about his … [Read more...] about Caribbean Trade with Europe: A Reflection on the Negotiating Process
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