It is well established in the economic literature that it’s the rich who benefit from the lion’s share of energy subsidies. Yet, it is often the poor and vulnerable who protest loudly against…
ISTOCK Gracias a Internet y los avances tecnológicos de la última década, hoy en día es posible estudiar en las universidades más prestigiosas del mundo a una fracción del costo o incluso de…
A prevention program against crime and violence in Zacatecoluca, El Salvador, supports sporting activities for the children from this municipality. Photo: Victoria Ojea/World Bank
It has been almost four years since I first became involved with the regional public-private dialogue initiative, the Caribbean Growth Forum (CGF). In June 2012, I walked into the conference room…
Understanding Macroeconomic Volatility: Part 2 The fact is that a government can soften a recession by increasing spending (the counter-cyclical approach) to raise demand and output. If government…
Volatility in financial markets gets wide attention in the public eye. Less noticed is what we in the development world call macroeconomic volatility—faster-than-desired swings in the broad forces…
Also available in: Français | العربية A boat trip from Port Elizabeth to Kingstown, in the Caribbean country of Saint Vincent and the Grenadines, is a one-hour trip that locals take several…
El viaje en barco desde Port Elizabeth a Kingstown, en el país caribeño de San Vicente y las Granadinas, es un trayecto de una hora que los lugareños hacen varias veces al día. Durante uno de…
What does it take to make reforms work in small island countries? At the end of June 2013, twelve Caribbean countries presented a roadmap for growth in three areas -logistics and connectivity,…
“We have the money, but it’s just not that easy to find the deals back home.” These words, from a Barbadian entrepreneur in Silicon Valley tell the story of a successful tech entrepreneur whose…