Prime Minister Philip ‘Brave’ Davis urged Caribbean leaders to stop depending on global financial systems he said were not built for the region, warning that survival is no substitute for building institutions capable of shaping the Caribbean’s future, such as a Caribbean Export-Import Bank.
Addressing the 56th Annual Meeting of the Caribbean Development Bank in New Providence under the theme ‘Forging the Caribbean’s Future,’ Davis said the region has spent too long enduring economic shocks, climate disasters and financial constraints instead of reshaping the conditions that produce them.