Access the most recent Knowledge Products by Compete Caribbean:
ICT and Tourism
Information and Communication Technology (ICT) adoption has been stimulating vast changes in tourism value chains and in the way we consume tourism products and services. In the last few years, major tourism innovations have been driven by the adoption of new technologies, especially ICT-based innovations. One of the major challenges nowadays is how to use technology in order to make sense out of the data, in real time, so that new services and knowledge can be generated. This also requires new analytic capacities. This phenomenon is known as BIG DATA. Learn More
CARIFORUM Eco-Tourism Industry Value Chain Analysis
This project sought to identify challenges to the growth of the ecotourism industry in four CARIFORUM countries: The Bahamas, St. Kitts and Nevis, Trinidad and Tobago and Guyana, via the use of a value chain methodology; and to develop recommendations to overcome these challenges. Learn More
Human Imagination, Innovation and Competitiveness in the Caribbean
This paper aims to identify the potential gains for the Caribbean region of investing in a competitiveness and innovation strategy that takes into account the "human imagination" and how it relates to business growth and economic and trade diversification. Learn More
Clusters in the Caribbean: Understanding Their Characteristics, Defining Policies for Their Development
The aim of this report is to map Caribbean cluster cases and identify their specific characteristics, based on the existing literature and on the available empirical evidence. An empirical exercise is undertaken through a study of 32 cases of clusters distributed in a variety of industries across the Caribbean, such as natural resources based industries, comprising agriculture, agro-processing, forestry, aquaculture and energy; manufacturing; and services, embracing tourism, creative industries and business services. Learn More
Caribbean Diasporic Entrepreneurship Preliminary Analytical Report
The Caribbean region, like many other small and developing country regions, has been negatively impacted by the global economic and financial crisis in terms of declining export markets and foreign exchange earnings particularly in traditional sectors like agricultural and resource-based industries as well as services sectors like tourism and financial services. The Caribbean region has also seen a decline in its global competitiveness and the issues of innovation and entrepreneurship have been raised as key considerations to improve the region's economic and trade performance. In this context, many countries have begun to explore alternative sources of growth among which includes the economic impact of the diasporic economy. Learn More
Productive Development in Suriname and Bahamas
In the last years, Suriname has achieved substantial progress on the macroeconomic performance due to both domestic policies and the external environment, and although economic prospects for the medium term are positive, it faces the challenge of diversifying the productive and export profiles dominated to a very large degree by mining to reduce its vulnerability to external shocks. As a consequence, there is a growing interest in vertical policies that concentrate government efforts in selected non-traditional sectors. This study reviews the PDPs applied in Suriname and focuses the analysis on the PDPs affecting a targeted group of two promising economic activities. The study also reviews the industrial policy approach applied in The Bahamas and focuses the analysis on those PDPs affecting a targeted group of two economic activities - tourism and agricultural sector - both related to the goal of diversifying the economy. Learn More