Photo: IDB Sustainable Cities, Solar energy project in Jamaica. The Caribbean energy sector is ripe for change – its long-standing dependence on fossil fuels has ensured that citizens pay some of the highest energy rates in the world. However, by making a commitment to changes in infrastructure, investment in sustainable energy, and the modernization of the legal and … [Read more...] about Three Strategies to Transform the Caribbean’s Energy Sector
International Monetary Fund
What has been the technical assistance and policy advice from International Financial Institutions (IFIs) to select Caribbean countries in the area of fiscal sustainability? The International Financial Institutions (International Monetary Fund in particular, World Bank, Inter-American Development Bank and the Caribbean Development Bank) have invested a lot of resources … [Read more...] about The Caribbean’s Fiscal Dilemma: To Cut or Not to Cut?
All too often when searching for information on development issues in the Caribbean do we arrive at the list of results, only to discover that the latest uploaded paper, blog, news article, event notification, etc. was written in 2006 or earlier. Or when researching a particular issue concerning the Caribbean, we get sucked into a long list of documents capturing all of the … [Read more...] about Ten websites with up-to-date information on Caribbean development topics
The upbeat sentiment following the signing of the Extended Fund Facility with the IMF on May 1, 2013 was short-lived. The approval by the IMF board marked the beginning of a heavy, front loaded adjustment that is being felt now. And it has not been an easy six months. … [Read more...] about Jamaica at a Crossroads