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PopPay Platform expands to Bahamas Government-backed digital currency

For First Time Ever, Consumers Can Use Their Face To Make Purchases With A Central Bank Digital Currency PASADENA, Calif. and NASSAU, The Bahamas, May 19, 2022 /PRNewswire-HISPANIC PR WIRE/ — PopID and SunCash announced today that for the first time…

Peter DeCaprio: Why is the business cycle important in economics?

The business cycle is important in economics because it explains supply and demand of goods throughout the market.  In the long run, the supply of a good is determined by its marginal cost. In microeconomics, consumers and producers negotiate on…

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IMF / Sub−Saharan Africa October 2021 Regional Economic Outlook

The IMF is predicting that the pandemic has permanently lowered the path of real GDP in sub-Saharan Africa, suggesting a loss of real per capita output of close to 5.6 percent in the latest issue of the sub-Saharan Africa Regional…

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OECS agriculture experts visit Kingdom of Morocco on technical cooperation mission

Tuesday, December 17, 2019 — Rabat, Kingdom of Morocco — In an effort to strengthen capacities in the critical areas of agronomy, soil fertility mapping, diagnostic laboratory testing, irrigation, and export market development; a delegation of agriculture experts from the OECS visited the Kingdom of Morocco…

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IDA: Partnering with the Eastern Caribbean Small States

Op-ed by Tahseen Sayed, World Bank Director for the Caribbean Tuesday, December 10, 2019 — With its natural beauty, blue seas, and white sands, the Caribbean has long been a prized destination for visitors.  The region’s location and geography – a…

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Country risk: Barbados and Jamaica offer alternatives to South American turmoil

By Jeremy Weltman From Euromoney As protests accompany austerity across Latin America, investors may wish to take heed of experts pointing towards the calmer waters of the Caribbean.  Euromoney’s latest country risk survey signalled a positive mood shift towards Caribbean…

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Economic slowdown continues with regional GDP expected to grow by 0.5% in 2019

ECLAC presents its Economic Survey of Latin America and the Caribbean, highlighting the importance of expanding fiscal space and reorienting investment, productivity and monetary policies to spur the economies of countries in the region. (July 31, 2019) The Economic Commission for…

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Devastating Epidemic of Crime & Insecurity in Latin America & Caribbean

By Luis Felipe López-Calva From IPS UNITED NATIONS, May 15 2019 (IPS) – Development is a very uneven process, accompanied by heterogeneity in outcomes across sectors, across regions and across income groups. Such process, Albert Hirschman elegantly established about 60 years…

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Opinion: Cut the tax to 10%.

By Jolly Green One of the biggest problems in the Caribbean is the cost of governments. Notionless prime ministers who want to play with the big boys on level playing fields. Want the same salaries and the same perks as…

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World Health Day: PAHO calls for equitable access to health care

This year’s campaign calls for all people to receive integrated, quality health care at the heart of the community. On April 9, PAHO will present a report in Mexico with recommendations on achieving universal health. Washington, DC, 3 April 2019…