- About Us
- The Program
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The Inter-American Development Bank (IDB), the UK’s Department for International Development (DFID), the Government of Canada, and the Caribbean Development Bank (CDB), have established a co-financing program called “Compete Caribbean” (RG-X1044).
The goal of this Program is to contribute to the increase in the standard of living and quality of life, and the enhancement of the competitiveness of the 15 independent CARIFORUM countries. Specifically, the Program will increase: (i) donor harmonization and coherence, equity and sustainability of national and regional private sector strategies; (ii) the efficiency and effectiveness of Caribbean governments to promote a competitive, growth-oriented business and investment climate; and (iii) innovation, productivity, value added production, sales and sustainability in key Caribbean clusters and value chains, and product sophistication, productivity and exports of individual firms.
In the Caribbean, the relationship between firm-level productivity and firm-specific as well as contextual
variables have traditionally not been well understood, due largely to unavailability of data.
Until 2011, the region did not have firm-level, internationally comparable data that could shed light on
the variables that affected productivity.