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Delve into challenges faced in increasing Caribbean investments through the lens of CDB President Dr. Wm. Warren Smith's feature address during the Fourth Biennial International Business, Banking, and Finance Conference in June 2011 at Hilton Trinidad and Conference Centre, Port of Spain. Explore income disparities from 1992, investment patterns from 1960 to 1992, public debt vs. GDP, transportation costs, and regional murder rates. Uncover the crucial factors influencing investment growth in the Caribbean.
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Challenges Involved in Increasing Investments in the Caribbean from CDB’S Perspective Feature Address by DR. Wm. WARREN SMITH President Caribbean Development Bank At the Fourth Biennial International Business, Banking and Finance Conference Hilton Trinidad and Conference Centre Port of Spain, Trinidad June 2011
Income per person in 1992 (logarithmic scale) 100,000 Canada Germany Japan Denmark U.S. Finland 10,000 Mexico U.K. Brazil Singapore Israel Italy France Pakistan Egypt Ivory Peru Coast Indonesia 1,000 Zimbabwe India Kenya Uganda Chad Cameroon 100 0 5 10 25 30 35 40 15 20 Investment as percentage of output (average 1960 – 1992) Chart 1: Investment and Per Capita Income Source: Mankiw (2002)
Chart 2: Gross Investment and Per Capita Income Source: IMF World Economic Outlook Database
Chart 3: Public Debt and GDP Source: World Bank
Chart 4: Relative Transportation Cost Source: IDB (2010)
Chart 5: Murder Rate By Region Source: World Bank