“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
Inter-American Development Bank
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
A new Caribbean energy future is needed today
by Christopher Barton and Lumas Kendrick There is an inseparable linkage between the fiscal crisis confronting the Caribbean Region and the reality of paying some of the world’s highest per capita energy costs. The countries in the region are encumbered with the necessity to import increasingly expensive oil products for transportation and electricity generation. Covering the … [Read more...] about A new Caribbean energy future is needed today
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
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