Procurement Right from Caribbean Country Department IDB on Vimeo. Public Procurement refers to the spending of taxpayers' money by the government to acquire various goods and services for delivery to the public. Better road networks, hospital facilities and schools are just a few of the public goods that procurement delivers. Considering the limited resources available … [Read more...] about The People’s Money: Getting Procurement Right
Trinidad and Tobago
The Big, Little Neighbours: A Step forward to deepening the relations between the Caribbean and the United States
Caribbean countries have one of the world’s highest dependency rates on fossil fuels for energy. The IDB is helping the development and funding of programmes to improve domestic energy efficiency and support diversification towards renewables (Liquefied Natural Gas, wind, solar, geothermal, and wave power). By introducing newer and more efficient sources of energy, a more … [Read more...] about The Big, Little Neighbours: A Step forward to deepening the relations between the Caribbean and the United States
The Dark Side of Debt
The Caribbean is often described using the moniker “high debt, low growth,” yet this has not truly been the case until recently. The Caribbean Economic Team’s Quarterly Regional Bulletin contends that debt is or is forecasted to become too high in the Caribbean—perhaps crossing into the “dark side.” The Caribbean debt benchmark, used to judge whether debt is too high, is … [Read more...] about The Dark Side of Debt
No skills = no jobs: Building the skillsets of unemployed youth in the Caribbean
by Elizabeth Boggs Davidsen & Siobhan Pangerl More than one-quarter of the world’s 7.3 billion people are between the ages of 10 and 24, according to a recent UN Population Fund Report. That means there are more than 1.8 billion youth—a historic high—who are actively looking for a job or will be soon. For the most part, developing countries are on the receiving end of … [Read more...] about No skills = no jobs: Building the skillsets of unemployed youth in the Caribbean
Rich discussion at the V Caribbean Civil Society Forum
Photo credit by Kerneisha Beckles - Dr. David Bratt and Mr. Ian Ho-A-Shu On May 27, a cross section of Civil Society Representatives from the Caribbean came together to participate in the IDB’s Fifth Caribbean Civil Society Meeting, held at the Hyatt Regency in Trinidad. This year’s theme was ‘Social Innovation’ and highlighted some of the most pressing issues affecting the … [Read more...] about Rich discussion at the V Caribbean Civil Society Forum