Caribbean Region Quarterly Bulletin: Volume 8, Issue 3: September 2019

Peer Reviewed icon Peer Reviewed
Date issued
September 2019
Subject
Infrastructure Investment;
Sustainable Infrastructure;
Tourism Infrastructure
JEL code
O54 - Latin America • Caribbean;
O11 - Macroeconomic Analyses of Economic Development;
O23 - Fiscal and Monetary Policy in Development;
E62 - Fiscal Policy;
H60 - National Budget, Deficit, and Debt: General
Country
Trinidad and Tobago;
Jamaica;
Belize;
Bahamas;
Barbados;
Suriname;
Guyana
Category
Magazines, Journals and Newsletters
Welcome to the September 2019 Caribbean Region Quarterly Bulletin. Infrastructure is the lifeblood of a country. However, low, and even declining, investments, insufficient maintenance and extreme weather all take a toll on essential infrastructure. This quarterly bulletin gives an overview of the challenges related to infrastructure in the Caribbean countries.
Physical infrastructure for basic services such as transport, telecommunications, energy, and water and sanitation complements other types of capital and labour, as their productive deployment builds on the existence of infrastructure services.
Despite this importance, infrastructure in the Caribbean has deficiencies, which results in negative consequences. On the one hand, they increase the cost to the private sector and act as a constraint to inclusive growth. On the other hand, they can have negative socioeconomic effects and increase existing inequalities.