According to the bank, the TC aims to support analysis, policy formulation, and policy action conducive to support growth and development in the countries of the Country Department Caribbean, CCB. It focuses on economic institutions that have been shown to reduce uncertainty and support sustainable economic growth. It has three components:
Characterization of economic institutions for growth and development. This component will document the specific design parameters (derived from global experiences) of the economic institutions analyzed (fiscal, monetary, regulatory, and financial).
Applicability of economic institutions in the Caribbean. This component will develop specific applied policy-oriented reports for each CCB country including roadmaps that could be followed towards establishing the critical economic institutions characterized in component.
Policy dialogue and dissemination. This component will enable dissemination events in each country where the main findings will be presented.
ACCOUNTABILITY MECHANISM OF IADB
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).