The Caribbean Development Bank’s recent panel discussion revealed that despite geographical proximity among CARICOM member states, intra-regional trade remains critically low at only 16%. Historical, regulatory, and socio-cultural factors hinder trade. A coordinated approach, including streamlined regulations and infrastructure investments, is essential to enhance trade connectivity and stimulate economic growth.
Category Archives: Blog
Data: The New “Frenemy” in Global Business
In international business, excessive reliance on data can hinder adaptability and lead to missed opportunities. A balanced approach integrating real-world insights fosters agile decision-making, crucial for navigating dynamic markets.
Are Trade Barriers Good for Business? Part 1: Unintended Consequences for Innovation
Trade barriers, intended to protect domestic industries, often lead to unintended consequences, prompting innovation and strengthening companies. This highlights the complexities and resilience of businesses in global trade dynamics.
Welcome to the PGTS Blog!
PGTS was formally incorporated in 2008, but its roots run deep, tracing back to a sole proprietorship and an inspiration from 1983. An article I read sparked my journey, leading to a BAH in the history of Core-Periphery Trade Patterns and a Master’s in International Political Economy and Business from Carleton University’s Norman Patterson SchoolContinueContinue reading “Welcome to the PGTS Blog!”