Despite recent improvements, the Caribbean region is still grappling with headwinds affecting social dynamics, fiscal outcomes, and economic growth. Global commodity prices—particularly for food and energy—remain volatile and above pre-pandemic levels, straining household budgets. While true that tourism dependent economies have seen this crucial sector recover, and commodity … [Read more...] about Despite persistent headwinds, the Caribbean sees a robust post-pandemic recovery
With the onset of the pandemic, the world stopped. A previously unknown threat made us drastically change our way of living. This is the first entry in a series of blogposts about the structural changes that the pandemic brought to the tourism sector in the Caribbean. Countries where the sector represented 30%, 40%, 50%, or even more of their GDP saw their tourist activity … [Read more...] about Has the region’s tourism sector already overcome the pandemic’s impact?
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
Known as the “rainforests of the ocean”, coral reefs support an incredible amount of biodiversity and play a critical role in sustaining tropical fisheries. Not only do they provide food and shelter for a myriad of marine and fish species and direct support commercial and recreational fishing activities, coral reefs help to filter water, create sand, and serve as barriers … [Read more...] about How we can save Caribbean Coral Reefs and why we should
Photo courtesy of Wikimedia Commons Negative economic impacts expected if link to brain damage is proven. Best hope is that scientists find no link. The Zika virus has arrived in the Western Hemisphere and spawned a degree of alarm not previously witnessed with previous outbreaks involving mosquito borne viral infections like dengue and chikungunya. The reason for … [Read more...] about Zika Virus and the Economic and Human Reproductive Health Implications for the Caribbean