Private Sector Development

Value Chain Analysis of the CARIFORUM Ecotourism Industry

CARIFORUM countries have identified a number of priority industries and niche sectors that span manufacturing, agriculture, tourism, and other service sectors, which are viewed as having strong potential to contribute to economic growth and development. H...

Pre-Feasibility Study of the Potential Market for Natural Gas as a Fuel for Power Generation in the Caribbean

This study analyses the feasibility of introducing natural gas in 14 countries in the Caribbean. The current dependence on fuel oil in the countries in the Caribbean has led to high generation costs and electricity prices. Introducing natural gas would de...

Productive Development Policies in Jamaica

Jamaica seems to be a puzzling case for economic growth: despite the structural reforms implemented in the last three decades and adequate investment levels, real GDP per capita is roughly the same as in 1970. The disappointing performance of this econ...

Strengthening Sustainable Agriculture in the Caribbean

This study provides an assessment of the sustainable agriculture sector in five countries of the Caribbean region: Barbados, Belize, Dominica, Guyana, and Jamaica. It analyzes the constraints to its further development and aims to share lessons learned fr...

Human Imagination, Innovation and Competitiveness in the Caribbean

The paper aims to identify the potential gains for the Caribbean region of investing in a competitiveness and innovation strategy that takes into account the human imagination and how it relates to business growth and economic and trade diversification. I...

Perspectives for Distributed Generation with Renewable Energy in Latin America and the Caribbean (English)

Analysis of Case Studies for Jamaica, Barbados, Mexico, and Chile: This paper deals with how to promote distributed generation (DG) done with renewable energy in emerging markets of Latin America and the Caribbean (LAC), with the purpose of increasing com...

Supply and Demand Side Assessment of Impact Investment within the Caribbean

While Asia, Africa and Latin America have become important investment destinations for impact investors, the Caribbean has been largely overlooked by existing players as a priority region. Several key factors for this have been identified. The level of so...

Measuring the Competitiveness of Selected CARICOM Countries – WEF

The World Economic Forum (WEF) views competitiveness as the potential of a country to grow in a sustained way over the medium to long term and thus create prosperity for its citizens. The Global Competitiveness Index (GCI), developed by Professor Xavier S...

Policies for Achieving Structural Transformation in the Caribbean

The purpose of this paper is to apply new methodologies to analyze the history of and future opportunities for structural transformation in the Caribbean. The paper examines the composition of exports from the Caribbean, and shows that the region is speci...

Institutions and the Legal Framework for Business Development in the Caribbean

Research shows that long-term sustainable growth depends on the quality of a country's institutions. Without well-functioning institutions, education and training policies are less effective and factor markets cannot function efficiently. Similarly, witho...