SRC Trading Thoughts
The SRC Trading Thoughts Column is a bimonthly issue produced at the SRC in which we, or contributing authors, provide critical views and thoughts on issues of ongoing interest in trade and investment, with a particular focus on the Caribbean.
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Alicia Nicholls Some four million people of Caribbean descent live outside of the region, according to data from the United Nation’s Population Division. Persons of Caribbean descent can be found across the world, but their main hubs are in the United States (US), the United Kingdom (UK), Canada and parts of continental Europe, such as France and The Netherlands. With regard to emigrant stock as a percentage of their national populations, the percentage for Caribbean countries in 2013 varied from as ‘low’ as 11% in the Dominican Republic to as high as 103% for the Commonwealth of Dominica. In their…Read more »
My Journey South: Tracing developments on Artificial Intelligence (AI) in Latin America and the Caribbean
By Chelceé Brathwaite Artificial Intelligence (AI) in South America – Setting the Bar for the Caribbean While some still consider AI to be beyond the grasp of developing countries, our South American neighbours have been shattering that stereotype. AI is being deployed in a number of their endeavours: to speed up artefact findings in Peru; to increase crop yields in Colombian rice fields through AI-powered platforms; to boost security and enhance customer service in Brazil’s banking sector; to create vegan alternatives with the same taste and texture as animal-based foods in Chile’s food industry; to predict school dropouts and teenage…Read more »
Dr. Jan Yves Remy and Alicia Nicholls The Appellate Body (AB) of the World Trade Organization (WTO) – the final court charged with hearing appeals on points of law at the WTO – faces an existential crisis. On 10 December 2019, the terms of two of its remaining three members – the quorum needed to adjudicate an appeal – will expire. Their positions will not be filled if the current United States (US) blockage of appointments continues. This means that new appeals of panel decisions will not be heard after that date. Given Caribbean countries’ limited and ‘checkered’ experience…Read more »
By: Diakia Straker China’s impressive growth and its reach across the world have sparked some concerns on the international stage and the literature remains divided on China’s motive for its ‘Going Global Strategy’. On the one hand, China is seen as a threat to the USA-led world order, and on the other hand, China is hailed as a saviour to many of the world’s emerging markets. In this SRC Trading Thoughts, we consider whether China is a force for good or evil in the Caribbean and engage on the topic of how best the Caribbean can leverage its trade and…Read more »
“Opting Out” of the Revised Treaty of Chaguaramas? The Significance of the CCJ’s Pending Advisory Opinion
Dr. Jan Yves Remy and Alicia Nicholls The Caribbean Court of Justice (CCJ) will mark another milestone in its decade and a half history when it shortly delivers its first advisory opinion pursuant to Article 212 of the Revised Treaty of Chaguaramas (RTC). Late last month, the Court held a publically broadcast two-day hearing where it heard oral submissions from counsel of the CARICOM Secretariat, Member States and Caribbean law faculties from which it had received written submissions. The subject-matter of the advisory opinion concerns the circumstances under which it is lawful for CARICOM Member States to “opt-out” of CARICOM…Read more »