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

2 Jan 2023, 00:00 - 14 Oct 2025, 04:23 | Publication

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…

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

15 Dec 2022, 00:00 - 14 Oct 2025, 04:23 | Publication

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…

43 search results. Displaying 20 per page.