Also available in: Español  | العربية Starting this month, an estimated 9 million women will be able to get behind the wheel in Saudi Arabia after the historic announcement in September last year…

Katrin Schulz, Nato Kurshitashvili |

Understanding macroeconomic volatility part 3Read parts 1 & 2
There’s good evidence that a country’s level of financial development affects the impact of volatility on economic growth,…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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…

Francisco G. Carneiro, Ha Minh Nguyen, Rei Odawara |

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…

Valerie Lorena |

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 |

(Photo by Chico Ferreira, available under a Creative Commons license - CC-BY-2.0)

Kerry Natelege Crawford |