Archive for December 2013

Rihanna’s Music and Development Programming: It’s All About Motivation and Results

24
DEC

Written by

by Donna Harris & Sudaney Blair

Rihanna_Cologne_2013_05

In an effort to strengthen project management capacity in the executing agencies and the capacity for evidence based policy making in public institutions, two training programs were initiated over the past 4 weeks: PM4R Seminar/Workshop and the Impact Evaluation seminar. The former attempted to strengthen participants’ project management knowledge, skills, attitudes and practices with emphasis on teamwork to enhance the individual and collective management skills, enabling them to spearhead reforms aimed at improving the efficiency and effectiveness of public institutions and their ability to execute development projects. The latter sought  to strengthen capacity within various social ministries and social projects and equip staff with the tools to conduct rigorous impact evaluations as a means of generating appropriate information to support evidence based policy interventions. > Read more

Grenada Energy Market

23
DEC

Written by

by Malte Humpert

Grenada: Energy Market Overview

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The island state of Grenada is located at the southern end of the Grenadines in the eastern Caribbean. The state’s territory encompasses the three major islands Grenada, Carriacou and Petite Martinique, as well as a number of smaller islands. Together the islands are home to a population of 110,000 people. More than 90 percent of the population live on Grenada and about one third reside in the national capital of St. George’s. The national economy is dominated by service sector, primarily government services, education, banking and insurance, tourism and communications, which contributes 78 percent to the GDP. Industry and agriculture contribute 16 percent and 6 percent respectively. (IRENA, 2012) The tourism sector directly contributes to 7.3 percent of GDP but taking multiplier effects into account the sectors contribution is estimated to be around 24 percent. (Organization of American States, 2010)

Grenada is almost wholly dependent on imported oil products which provide 93 percent of its overall energy supply. The remaining 7 percent are provided by combustible renewables & waste. > Read more

Building Tourism links between Brazil and the Caribbean

20
DEC

Written by

by Juan Pedro Schmid

The Hon. Wykeham McNeill, Jamaica’s Minister of Tourism

The Hon. Wykeham McNeill, Jamaica’s Minister of Tourism

Competition in tourism is strong and success depends on strong brands and the availability of good connection, resulting in tourism countries focusing on specific markets from where they try to attract as many visitors as possible and hinders diversification. The same is true for the Bahamas, Barbados, Jamaica and Trinidad and Tobago, which have strong links with the US, Canada and the UK but are relatively unknown in the rest of the world, where Caribbean means Punta Cana and Cancun. This focus on a few mature economies brings disadvantages, not least because tourism arrivals closely mirror the economic conditions in these few countries, a hard lesson learned in the world economic downturn. > Read more

The Caribbean Private Sector: How to expand lending

19
DEC

Written by

 by Hans Schulz

“All cassava have the same skin, but all don’t taste the same way,” is a Caribbean proverb which seeks to say people may look similar on the outside yet are all quite different on the inside. The saying, which first originated in Guyana, speaks about the individuality of people, yet it also resonates with me as a development professional when thinking about the diversity of the Caribbean economies. From what I have seen, each country in this region offers a unique mix of cultural richness, entrepreneurialism, sector expertise, biodiversity, natural resources and much more.

As I thought how best to answer on our blog Gerry Johnson’s recent question about expanding lending to the private sector, I knew my response would need to recognize and celebrate this uniqueness rather than try a one-size-fits-all approach. > Read more

Saint Lucia’s Energy Market

18
DEC

Written by

by Malte Humpert

Saint Lucia: Energy Market Overview

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St. Lucia is part of the Lesser Antilles and is located north of St. Vincent and northwest of Barbados. It has a population of 174,000 people, of more than a third reside in the capital of Castries. St. Lucia’s economy used to be primarily based on mono-crop agriculture (especially bananas). However, since the early 2000s, tourism has emerged as the main revenue earner of the economy, with services, manufacturing and industry being the other important productive sectors. (Castalia Consulting, 2012) > Read more

Saint Vincent and the Grenadines’ Energy Market

17
DEC

Written by

by Malte Humpert

Saint Vincent and the Grenadines: Energy Market Overview

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St. Vincent and the Grenadines is a multi-island state comprising the main island of St. Vincent and seven smaller inhabited islands as well as about 30 uninhabited islets constituting the Grenadines. The islands are home to a population of 120,000 people and cover a land area of 389 square kilometers.

St. Vincent and the Grenadines receives about 95 percent of their overall energy through imported oil products, with the remaining share coming from combustible renewables & waste and also hydropower. St. Vincent and the Grenadines is a notable exception in the ECS as geography has allowed hydropower to be used to some extent on the main island of St. Vincent since the middle of the twentieth century. All other islands, however, depend entirely on diesel generation for their electricity supply. (Government of St. Vincent and the Grenadines, 2000) The transportation sector is the largest consumer of energy followed by the domestic and commercial sectors. > Read more

Caribbean Energy Security is Good Business

13
DEC

Written by

by Christian Gómez, Jr. and Christine V. Gomes

With the exception of gas-rich Trinidad and Tobago, the 14 other countries of the Caribbean Community (CARICOM) are energy importers. In fact, 93 percent of the region’s energy needs are met by oil imports, which average 13 percent of GDP. Venezuela is the main supplier of oil to the Caribbean through the PetroCaribe agreement, formed in 2005, which provides oil on attractive financing terms. However, declining oil production, deficient investment, and faltering leadership in Venezuela’s state-run oil company PDVSA cast doubt on the future of the arrangement. The termination of PetroCaribe would further wreak havoc on their tenuous fiscal situations. In many countries, Venezuela’s largesse has been a double-edged sword—affordable energy but increased reliance on imported oil.   > Read more

What’s Cricket Got to Do with it?

13
DEC

Written by

by Inder Ruprah

There are strong and intriguing parallels between the performances of the West Indian Cricket team and the region’s economy during the past three decades. The Windies’ successes remained sporadic until the 1960s, when the side changed from a white-dominated to a black-dominated team – the Windies became more inclusive and more competitive where team selection was based on merit. By the 1970s and 1980s, the West Indies’ side was recognized as unofficial world champions; the Windies included some of the greatest players in the history of the sport, such as Sir Viv Richards, Joel Garner, and Michael Holding.

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“How would the ‘Master Blaster’ deal with the region’s stagnant economy?

pictured: Sir Vivian Richards

> Read more

Antigua and Barbuda’s Energy Market

12
DEC

Written by

by Malte Humpert

Antigua and Barbuda: Energy Market Overview

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Antigua and Barbuda is a two-island state located in the Eastern Caribbean, home to a population of 82,000 people. It is the wealthiest of the Eastern Caribbean states and also has the highest per capita consumption of electricity. The national economy is dominated by the tourism industry which accounts for more than half of the GDP, followed by investment banking and financial services. > Read more

Saint Kitts and Nevis’ Energy Market

9
DEC

Written by

by Malte Humpert

Saint Kitts and Nevis: Energy Market Overview

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The two-island state of St. Kitts and Nevis is part of the Leeward Islands chain in the Eastern Caribbean. The two islands are home to a population of 51,300. About 75 percent of the population, about 40,000, reside on St. Kitts, the remaining  approx. 12,000 live on Nevis. The island states’ economy is dominated by the tourism sector which has grown significantly over the past decade. In 2009 tourism contributed 31.7 percent to total GDP and employs 32.2 percent of the work force. Other important contributors to the national GDP come from government services and the banking and insurance industry. Manufacturing and mining also play a role. (Government of St. Kitts and Nevis, 2009)

St. Kitts and Nevis receive about 88 percent of their overall energy through imported oil products, with the remaining share coming from combustible renewables & waste and also wind power. > Read more

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The views expressed in this blog are those of the author and do not necessarily reflect the views of the Inter-American Development Bank, its Management, its Board of Executive Directors or its member Governments.

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