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World Bank report offers strategies for the Caribbean to escape the “Middle-Income” trap - Caribbean News Global

Summary by Caribbean News Global
KINGSTON, Jamaica – Middle-income countries are in a race against time to raise their income levels. While several have a goal of reaching high-income status, since the 1990s, only 34 of 108 had succeeded at the end of 2023. Five of them – Antigua and Barbuda, Barbados, Guyana, St Kitts and Nevis, and Trinidad and Tobago – are in the Caribbean. A new World Bank study, discussed today in Jamaica, provides the first comprehensive roadmap to enable…
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