Penicillin was discovered almost 90 years ago and heralded the beginning of a revolutionary era in medicine.  As the first antibiotic drug in existence, it was used to treat what had previously…

Carmen Carpio, Neesha Harnam |

The impact of the Great Recession on Latvia was severe. Between 2008 and 2010, GDP fell by 21 percent, 11 percent of the workforce lost their jobs, and poverty nearly doubled, to 18 percent. This…

Mohamed Ihsan Ajwad, Rasmus Heltberg |

Hurricane Sandy / NOAA In addition to their often devastating human toll, natural disasters can have an extremely adverse economic impact on countries. Disasters can be particularly calamitous for…

Michael Bennett |

The Bangladesh Bureau of Statistics (BBS) has just released a Survey on the Use of Remittances. The survey provides interesting update on the demographic and economic characteristics of the 8.6…

Zahid Hussain |

The United Nations has declared 2014 as the International Year of Small Island Developing States (SIDS), in recognition of the contributions this group of countries has made to the world, and to…

Ivan Rossignol |

The ritual publication by the leading multilateral organizations, think tanks and investment banks on the macroeconomic outlook for Latin America and the Caribbean which, without being too…

José Juan Ruiz Gómez |

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,…

Andrea Gallina |

Increased hurricane activity and rising sea levels are well-known effects of climate change, and they prompt solemn head-shaking when we read about them in reports. But in the Caribbean they are…

Herbert Samuel, Jonathan Coony |