BRIDGETOWN, Barbados – The Caribbean Development Bank (CDB) will release two major studies to support the Region’s economic growth agenda at the 47th Annual Meeting of its Board of Governors. The flagship event will be held in the Turks and Caicos Islands from May 24-25, 2017.
“The studies will analyse two issues that are key to advancing economic growth in the Caribbean –regional productivity and tourism industry reform. The findings of this research will provide countries in the Region with insights, data and information that could guide policymaking and action to facilitate sustainable growth,” said Dr. Justin Ram, Director of Economics, CDB.
One study is entitled, ‘Enhancing Productivity and Growth in the Caribbean’. It will seek to identify the causes of low productivity and growth in the Region, and put forward recommendations for initiatives that could reverse this trend. Findings will be discussed at a seminar on May 24 during the Annual Meeting. Panelists from the public and private sectors will discuss policy initiatives that could substantially strengthen regional growth performance over the medium to long term. (more…)