Closing digital access gap would boost Caribbean economies – IDB

Closing the digital access gap between the Caribbean and the more advanced economies could increase the region’s GDP by about 6 to 12 per cent over the medium term...
digital access gap

Table of Contents

Share This News

Closing the digital access gap between the Caribbean and the more advanced economies could increase the region’s GDP by about 6 to 12 per cent over the medium term and provide a strong boost to a post-COVID-19 recovery, according to a new report by the Inter-American Development Bank (IDB)

The “Regional Overview: Digital Infrastructure and Development in the Caribbean” is part of the IDB’s Quarterly Bulletin economic series. In addition, it has economic sections for Suriname, Jamaica, Guyana, Trinidad and Tobago, The Bahamas, and Barbados.

The report looked at economic growth in the region, with a focus on productivity – a key driver of long-term economic growth and an opportunity for the Caribbean to get to the level of similar economies across the world.

“Access to faster internet is more than just streaming Netflix and Zoom calls,” said David Rosenblatt, the Regional Economic Advisor for the IDB’s Caribbean Department. “For the Caribbean, a modern and robust digital and telecommunications infrastructure is a connection with powerful global trends that are driving growth. It is the key to unlock faster productivity growth for decades to come.”

Don't Miss Out!

Join The Island Innovation Network!

This occasional newsletter highlights events and stories about innovation in sustainable development for rural, remote and island regions. We want to change the discourse to demonstrate how islandness can be a driver for innovation.

Invalid email address

News

A global media platform with unique insights into island sustainability.​

Content Library

A global media platform with unique insights into island sustainability.​

Find unique and insightful content on island sustainability

In our vast content library you will find original articles, webinars, interviews, past event sessions, island news and much more. Navigate through the categories to find information, get inspired and learn.

Giving visibility to projects worldwide

Our flagship event, the Virtual Island Summit, is one of the biggest events for sustainable development. Every year, it brings together over 10,000 stakeholders from around the world for a week-long virtual event covering every timezone.

Thank you for subscribing!
22-23 May 2024 | Prince Edward Island, Canada

Global Sustainable Islands Summit 2024

Prepare to immerse yourself in this landmark event for the
global island community in 2024!
Live from COP28 - Island of Hope
The Island Innovation Agency Newsletter is a must-read for sustainable business leaders! It delivers a free monthly dose of relevant and valuable business insights, expert advice, downloadable resources, and easy-to-implement ideas for professionals aiming to optimize their results in communication, branding, and networking. By signing up, you will benefit from curated insights for your sustainable brand, exclusive offers, ready-to-use templates and industry news.
Our newsletter on island sustainability is perfect for everyone interested in sustainable development, innovation, and island territories! Every week we compile stories from islands worldwide and highlight commonalities, demonstrating the spectrum of innovation from technology to the arts. Our newsletter brings together globally disparate places and strikes a balance of acknowledging and dealing with critical problems while emphasizing the resourcefulness of isolated communities.