IMF, UWI forum urges more incentives for small, micro businesses

Professor Andrew Downes

Director of the Sir Arthur Lewis Institute of Social and Economic Studies at the University of the West Indies (UWI) Professor Andrew Downes has called for more financing and other incentives to encourage entrepreneurship, innovation and the growth of micro and small businesses as part of the overall effort to advance the economies of the region.

The call for more official support for the region’s small business sector was made during sessions on policies designed to overcome market failures in Caribbean countries at a recent conference of regional academics and policymakers organized by UWI,