The economy benefits from the existence of safe assets – assets that can be accepted without constantly having to scrutinize the issuer’s financial statements.1 At the same time, many of the productive long-term investments in the economy – investments that are essential to build its productive potential – are inherently illiquid, long-term, and risky.
Ms. Henriquez of the CBCS kickedoff the program with an overview of indicators beyond the GDP for inclusive growth, while Mr. Ivanyna of the IMF and Mrs. Grenade of the Caribbean Development Bank focused on the development of inclusive policy frameworks and the impact of such policies on our communities’ well-being.