Policy considerations for sustainable transportation in three Caribbean small island developing States: options for improving land transportation efficiency. Barbados, the British Virgin Islands and Jamaica

As the Caribbean subregion seeks to implement strategies for meeting its obligations under the Paris Agreement, the sustainable development of its land transportation subsector has emerged as a significant challenge. This relates to both the need to reduce green house gas emissions, for which the subsector is a major emitter, as well as the necessity for reducing its overall dependence on imported fossil energy. While several policy initiatives have sought to address these issues, the evidence of growing land transportation problems now motivates a closer examination of challenges in the subse…

Exploring the elements of an optimal hydrocarbon fiscal regime

The study analyzes the process for the awarding of blocks among select countries within the western hemisphere, namely Brazil, Guyana, Mexico, Suriname and Trinidad and Tobago. The findings allow for the determination of key elements of what can be considered an optimal hydrocarbon fiscal regime for Caribbean economies that would allow governments to get their fair share of hydrocarbon rents, while ensuring sufficient exploration and production activity. The study therefore suggests that for the Caribbean, the optimal fiscal regime should include a reservation price, royalties, and a windfall …

The ageing Caribbean: 20 years of the Madrid Plan of Action

This report assess the situation of older persons and reviews the actions taken in Caribbean countries and territories, particularly over the past five years, to implement the Madrid International Plan of Action on Ageing and related regional agreements. It contributes to the global and regional reviews of the Plan of Action, 20 years on from its adoption in 2002, and includes recommendations to further address population ageing and the rights of older persons in the Caribbean.…

The Hummingbird Vol. 10 No. 2

Economic Survey of the Caribbean 2022

This survey examines the economic performance of economies of the Caribbean in 2021 and the first few months of 2022 and comprises five chapters. The first chapter gives an overview of global, regional and subregional economic performance in the Caribbean. The second provides an analysis of the subregion’s fiscal performance and debt burden. The third looks at monetary policy and their impacts. The fourth is focused on the external sector, while the fifth concludes.…

Preliminary overview of the economies of the Caribbean 2021–2022

This overview examines the economic performance of economies of the Caribbean in 2021 and comprises four chapters. The first chapter provides a comparative analysis across Caribbean economies of the main macroeconomic variables, namely GDP growth, monetary indicators, as well as fiscal and external accounts. The second chapter concludes, while the annex includes individual country briefs that give an overview of the economic situation for the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago, and a subregional assessment of the countries of the Eastern Caribbean Currenc…

Statistical literacy: an enabler of statistical capacity development in the Caribbean

This study reviews the level of statistical skills and competencies of staff of National Statistical Offices of the Caribbean as a critical step in enhancing the statistical capacity of National Statistical Systems in the subregion. Building on discussions of statistical literacy in national policies and regional frameworks such as the CARICOM Regional Strategy for the Development of Statistics (RSDS), the study explores statistical literacy and competencies using self-reported responses of NSO staff to a structured questionnaire that focused on technical expertise of staff and their perceptio…

Digital inclusion in Caribbean digital transformation frameworks and initiatives: a review

This study evaluates the extent to which digital inclusion is considered in Caribbean digital transformation frameworks. Digital inclusion considers the ways in which digital divides are created as the digital transformation of society progresses, and how societal inequalities affect and are affected by digital technologies. As such, digital inclusion is a lens through which the effects of the digital transformation can be assessed. The study assesses the digital transformation policies of 11 countries and territories of the Caribbean and complements this analysis with qualitative data gathere…

Caribbean Outlook 3: Economic recovery and repositioning in the era of COVID-19. Policy Brief

The economies of the subregion were hard hit by the COVID-19 pandemic, particularly those dependent on tourism. As a result, the Caribbean has seen a reversal of the hard-won gains achieved in growing their economies and reducing unemployment and inequality. The inflation stemming from pandemic supply chain disruption, which has been exacerbated by the war in Ukraine, has made the sustained uptick in economic performance beyond pre-pandemic levels unlikely, notwithstanding strong growth estimates for 2021 and 2022. The last two years have taught the region that continued ‘business as usual’ is…

Improving broadband quality and affordability in the Caribbean: Policies to advance digital inclusion in the subregion. Policy Brief

In this digitally transforming world, digital inclusion is becoming increasingly important to social inclusion and sustainable development. Affordable access to broadband is an essential precondition to digital inclusion. Internet quality, as measured by speed and other indicators, is also important, as digital inclusion is ultimately about ensuring equal access to the benefits and opportunities offered by digital technologies and the Internet. This policy brief provides insight into Internet speed and affordability across the Caribbean, and offers some recommendations for policymakers working…

The Hummingbird Vol. 10 No. 1

Building a climate resilient power sector in the context of the Caribbean small island developing States’ energy transition. Policy Brief

In Caribbean small island developing States (SIDS), electrical power outages are frequent in the aftermath of major weather events. While local service disruptions often last a few days after these events, nationwide power grid failures lasting several weeks, or months have resulted in enormous social and economic impacts. In 2017, Hurricane Maria left 90 per cent of the population of Dominica without access to electricity for over four months (Commonwealth of Dominica, 2020) and caused a systemwide collapse of Puerto Rico's power grid that took 11 months to be entirely restored (Campbell…

Digital Divides and Inclusion in the Caribbean “New Normal”

The Hummingbird Vol. 9 No. 11

Addressing gender disparities in education and employment: A necessary step for achieving sustainable development in the Caribbean

Considering the vital importance of gender equality to development and the specific promise of the 2030 Agenda for Sustainable Development to leave no one behind, girls and boys should be provided with equal opportunities to achieve their fullest potential as promoted in specific Sustainable Development Goals (SDGs) and related targets. Noting that the 2020–2029 decade has been termed the “Decade of Action” for sustainable development, there is the need for the Caribbean to urgently address its human capital development challenge even as the subregion deals with many economic, social, and envi…

Resilient and affordable housing in the Caribbean: Policy recommendations towards a transformative, green and inclusive recovery strategy. Policy Brief

The Caribbean faces multidimensional vulnerabilities driven by climate change and aggravated by Small Island Developing States’ natural and economic characteristics (SIDS). A critical natural feature of SIDS is the extreme vulnerability to climate-change-induced events. Economically, the Caribbean has followed the global trend of seeing its urban areas swell during the last decades. Moreover, the region’s coastal areas expose human settlements, infrastructure, and businesses to external shocks, such as climate change-induced extreme weather events. In addition, the 2019 novel coronavirus disea…

Policy imperatives for the timely production and dissemination of quality and relevant statistics in the Caribbean. Policy Brief

Many international development agendas highlight the importance of quality data for sustainable development. With the advent of the data revolution for sustainable development, stakeholders have underscored the value of timely, usable data in informing decision-making and for monitoring progress and evaluating outcomes, be it in relation to national development planning or as regards the achievement of the Sustainable Development Goals (SDGs) and other international development agendas. Crucially, the COVID-19 pandemic, more than anything else in recent times, has demonstrated the value of tim…

Limiting Temperature Rise - What Does It Mean for Caribbean SIDS?

The Hummingbird Vol. 9 No. 9

The Hummingbird Vol. 9 No. 8