The Caribbean may not, after all, find itself excluded from the mix when key international organisations and heavy hitters in the global business community begin to seriously zero in on post-COVID recovery targeting developing countries, according to a Caribbean Business Report disclosure made earlier this week.
The report alludes to an emerging collaboration between the Inter-American Development Bank (IDB) and a coalition of forty “global corporate executives” described as being amongst “the world’s most innovative global and regional companies” with the objective of launching “a historic partnership in aiding Latin American and the Caribbean’s recovery in light of the COVID-19 pandemic.”
While there are clear signs (the global vaccination frenzy notwithstanding) that the pandemic may still not be nearing spending itself, what the report describes as a “historic partnership for Caribbean recovery” is driven by an undertaking given by the business leaders to work as a coalition in three areas which they regard as “critical to post-pandemic economic recovery,” namely, “empowering women, accelerating digitalization, and strengthening regional value chains.”