Ms.Monique Newiak

Ms.Stefania Fabrizio

Adrian Peralta-Alva

Luis-Felipe Zanna

Ms.Inci Otker

Ms.Genevieve Verdier

Ms.Lisa Kolovich

Mr.Rodrigo Garcia-Verdu

Ms.Catherine A. Pattillo

Baoping Shang

Andrea Presbitero

Ms.Marie-Therese Camilleri

Kazuaki Washimi

Martin Cihak

Ms.Carol L. Baker

The formal launch of the Sustainable Development Goals (SDGs) sets the global development agenda through 2030, placing significant emphasis on promoting social and environmental sustainability alongside economic growth and poverty reduction. Meeting the SDGs will require actions across a wide range of areas by both national governments and the international community. This paper examines the types of policies that developing countries will need to implement to foster economic transformation, to promote economic and social inclusion, and to meet key environmental objectives. Reducing inequality, achieving gender equity, and pricing energy and water resources appropriately receive particular attention.

Policies in Support of Sustainable Development Goals

From Ambition to Execution

Ms.Uma Ramakrishnan

Mr.Krishna Srinivasan

Mr.Trevor Serge Coleridge Alleyne

This book provides a diagnosis of the central economic and financial challenges facing Caribbean policymakers and offers broad policy recommendations for promoting a sustained and inclusive increase in economic well-being. The analysis highlights the need for Caribbean economies to make a concerted effort to break the feedback loops between weak macroeconomic fundamentals, notably pertaining to fiscal positions and financial sector strains, and structural impediments, such as high electricity costs, limited financial deepening, violent crime, and brain drain, which have depressed private investment and growth. A recurring theme in the book is the need for greater regional coordination in finding solutions to address the Caribbean’s shared and intertwined macroeconomic and structural challenges. The analysis suggests that strengthening regional and global market integration of Caribbean economies would provide an impetus to sustained growth in incomes and jobs. Greater regional and global economic integration would also facilitate structural transformation and a shift toward new economic activities, resulting in more diversified and less vulnerable economies. A central challenge for the Caribbean is thus to come together as a region, overcome the limitations posed by size, and garner the benefits of globalization. Efforts should build on existing regional arrangements; accelerating progress in implementing these agreements would stimulate trade. Policymakers could also promote deeper integration with Latin America and the rest of the world by pursuing new trade agreements, leveraging current agreements more effectively, or deepening them to include areas beyond traditional trade issues, and developing port and transport infrastructure.

Unleashing Growth and Strengthening Resilience in the Caribbean

Ms.Inci Otker

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