Administrative records are collected and stored by different public and private entities to carry out and monitor their own activities. Ministries of education collect school enrollment and academic achievement records; police departments store records of criminal activity; emigration services record movements of people in and out of the country; tax authorities collect … [Read more...] about How Smart Data Management Can Solve Caribbean Policy Disputes
Shifting The Frontiers: Caribbean Convergence
In this interview, Mr. Dookeran and Dr. Carlos Elias discuss the process of ‘Caribbean Convergence’. Mr. Dookeran and Dr. Carlos Elias recently edited a book called ‘Shifting The Frontiers: An Action Framework For The Future Of The Caribbean’. Below you will find a short summary of the interview. Shifting the Frontiers: Caribbean Convergence from Caribbean Country … [Read more...] about Shifting The Frontiers: Caribbean Convergence
Brain Drain: Are we investing in the ‘right’ skills to keep our talent?
Caribbean countries invest a lot of economic resources in higher education. The rationale for investing public funds in education follows from the public and private expected returns: boost country-level growth and welfare, and increase productivity and earnings. However, if beneficiaries of public education migrate, these public and private returns are received by the host … [Read more...] about Brain Drain: Are we investing in the ‘right’ skills to keep our talent?
Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean
by CaribEconomics Team The Inter-American Development Bank’s Caribbean Economics Team is pleased to present Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean. This report, which comprehensively addresses the issue of poor economic growth in the Caribbean, is structured around the following key questions: -Does the country’s size matter for economic … [Read more...] about Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean
“Let It Be”—An Economic Strategy of Benign Neglect?
Many Caribbean economies have not only been steadily declining relative to other small economies but currently face unstable macroeconomic imbalances. Hence face the need for stabilisation cum reform policy. Just like Estragon muttering “nothing to be done” in Beckett’s play one policy option, probably less painful upfront, is to wait it out. That is to wait for a world … [Read more...] about “Let It Be”—An Economic Strategy of Benign Neglect?