Trade and Development Nexus: reflections on the performance of trade in goods under the Cariforum-European Union Partnership agreement a Cariforum perspective

Given the asymmetry in the levels of development and capacity which exist between the EU and CARIFORUM States, the architects of the CARIFORUM-European Union (EU) Economic Partnership Agreement (EPA)1 anticipated the need for review and monitoring of the impacts of implementation. Article 5 and other provisions in the Agreement therefore specifically mandate that monitoring be undertaken to ensure that the Agreement benefits a wide cross-section of the population in member countries. The paper seeks to provide a preliminary assessment of the impact of the EPA on CARIFORUM countries. In so doing, it highlights some critical information and implementation gaps and challenges that have emerged during the implementation process. The analysis however, is restricted to goods trade. The services sector will be the subject of a separate report. The paper draws on a combination of quantitative and qualitative analyses. While the paper undertakes a CARIFORUM-wide analysis for the most part, five CARIFORUM member states including Barbados, Dominican Republic, Guyana, Saint Kitts and Nevis and Saint Lucia are examined more closely in some instances. These economies were selected by virtue of economic structure and development constraints, as a representative subset of CARIFORUM, which comprises the CARICOM membership as well as the Dominican Republic.

An assessment of big data for official statistics in the Caribbean: Challenges and opportunities

The data revolution for sustainable development has triggered interest in the use of big data for official statistics such that theUnited Nations Economic and Social Council considers it to be almost an obligation for statistical organizations to explore big data. Big data has been promoted as a more timely and cheaper alternative to traditional sources of official data, and one that offers great potential for monitoring the sustainable development goals. However, privacy concerns, technology and capacity remain significant obstacles to the use of big data. This study makes a case for incorporating big data in official statitics in the Caribbean by highlight the opportunities that big data provides for the subregion, while suggesting ways to manage the challenges. It serves as a starting point for further discussions on the many facets of big data and provides an initial platform upon which a Caribbean big data strategy could be built.