While 2022 represented a year of recovery for the Caribbean, following drastic economic contractions for many economies in 2020, exogenous economic shocks derailed anticipated progress. High fuel prices spurred increases in transportation and electricity costs across the region, contributing to rising headline inflation. The most recent edition of the IDB’s Caribbean Economics … [Read more...] about Riding the economic waves: Trinidad and Tobago’s navigation through the headwinds
Trinidad and Tobago
Closing the digital divide: Leaving no one behind in the grocery ecosystem
Without question, the digital grocery ecosystem is shaping the future of retail. E-commerce is growing and rapid rates of digital grocery transformation continue across the globe. Propelled by the COVID-19 pandemic, the digital economy is emerging in Latin America and the Caribbean, and vendors need to be responsive to the opportunities and risks associated with disruptive … [Read more...] about Closing the digital divide: Leaving no one behind in the grocery ecosystem
Pr.A.I.S.E. for raising the bar in the Trinidad & Tobago public sector
Public institutions and the public sector play a critical role in improving the lives of a country’s citizens. In Trinidad & Tobago, there is a need to enhance the efficient delivery of public services – one of several priorities of the Inter-American Development Bank’s 2021 – 2025 Country Strategy with the country. But while challenges do exist, it’s important to give … [Read more...] about Pr.A.I.S.E. for raising the bar in the Trinidad & Tobago public sector
Caribbean Cities and the Sustainable Development Goals
Throughout most of urban history, humanity has used nature’s resources to build cities and to release carbon dioxide at a rate that was well within Earth’s budget. However, beginning in the early 1970s, unsustainable growth accelerated and today, humans are now using 1.7 times the amount of Earth’s resources. This means that by July 29th each year, we will have consumed more … [Read more...] about Caribbean Cities and the Sustainable Development Goals
How can Trinidad and Tobago’s private sector become an innovative driver of growth?
The main revenue earner and driver of economic growth -the energy sector- has crashed. Trinidad and Tobago is increasingly looking towards other players in the economy -the private sector- to take on a greater role in stimulating an economic recovery by increasing investment and employment, and earning foreign exchange. The question is whether the private sector in its … [Read more...] about How can Trinidad and Tobago’s private sector become an innovative driver of growth?