Poverty & Social Development: A Caribbean Perspective

Till Growth do us apart!

In releasing their latest projections re economic growth, and outcomes for 2007 for member countries, the CDB (Caribbean Development bank) has underlined the facts that:

“The economy of St Kitts and Nevis and other borrowing member countries of the Barbados-based Caribbean Development Bank (CDB) showed strong economic growth among its borrowing member countries last year and performances is expected in 2007.”

The dynamics/determinants of growth have always been a hot topic in development circles. And by no doubts, in the case of Small-Islands Developing States (SIDS), the primary focus of policies, lay in the capacity to maintain high sustainable growth rates.
And a brief peak into these vibrant fora could help us comprehend the appeals behind policy orientations toward endogenous growth models.
As a matter of fact, in order to capture a broad and comprehensive view of this phenomenon for the region, it seems or rather it is interesting to integrate the determinants of long-term growth, in parallel to variations in the labor force, investments (human and capital), inflation rates, trade policies and technological changes. More >>>