The Future We Aim for: Towards a “360 Resilience” Development Paradigm for the Caribbean

Peer Reviewed icon Peer Reviewed
Date issued
Sep 2019
Subject
Sustainable Development;
Fiscal Policy;
Agricultural Productivity;
Climate Change;
Creative Economy
JEL code
Q01 - Sustainable Development;
O54 - Latin America • Caribbean;
O10 - Economic Development: General
Category
Policy Briefs
This policy brief discusses strategic imperatives to build “360 resilience” in Caribbean countries. In this regard, it calls for a change of course in the region’s development trajectory and puts forward strategies to build resilience on several fronts: economic, fiscal, technological, social, environmental, and governance and institutional. Specifically, it argues for the following: (i) unlocking the economic potential of the Blue, the Green, and the Orange Economy; (ii) modernizing agricultural production and practices; (iii) strengthening fiscal governance; (iv) expanding the use of digital technologies; (v) building human and social capital; (vi) protecting environmental assets and reducing hazard and climate risks; and (vii) developing new governance and institutional models.