The British Economist, Alfred Marshall said that the causes which determine the economic progress of nations belong to the study of international trade. Indeed, international trade is probably one of the most important drivers of economic growth for developing countries. By increasing production and export levels, an economy can realize positive benefits through greater … [Read more...] about Making International Trade Work for the Caribbean
Trinidad & Tobago
Carlos Argentino, one of the classic interpreters of tropical music, used to sing, “Life is more fun in the sea.” And it's true that beaches in Latin America and the Caribbean are among the best in the world. They are public spaces that bring together all of society, and many of them contribute to the preservation of the environment and the economic development of their … [Read more...] about The best beaches in Latin America: development and conservation
by CCB Caribbean Economics Team CCB’s Caribbean Economics Team is pleased to send the tenth Issue of the Caribbean Region Quarterly Bulletin. Are output changes and the unemployment rate related in Trinidad and Tobago? According to the economic theory known as Okun's Law, the two variables should be negatively correlated, and for the United States this relation holds … [Read more...] about Unemployment and Growth: Does Okun’s Law Apply to Trinidad and Tobago?
By Kellisha Wells, Khadija McKay, Safiyya Mohammed and Zachary Subran-Ganesh (CTT’s 2014 D&I Summer Interns) The IDB is absolutely the best place anyone could wish to be a summer intern. The staff was extremely friendly and willing to share their knowledge with us. The environment made it possible for us to express ourselves without inhibition. They encouraged active … [Read more...] about Summer Fun – Internship at the IDB Country Office in T&T