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Dominican Republic

Quality education needed to boost women’s economic empowerment

Keiko Inoue's picture
Better educated women secure brighter futures for themselves and lift entire households out of poverty.



While Hillary Clinton is cracking the glass ceiling, if not yet shattering it entirely, in the United States by becoming the first female presidential nominee of a major political party, recent analysis on U.S. women in the workforce presents a more sobering finding.

Child marriage in the Caribbean: My Nani’s story

Kavell Joseph's picture

Sunny skies and beautiful beaches come to mind when you think about the Caribbean. But beyond the turquoise water lies a history of underage marriage, a practice that still lingers throughout the region.
 
My Nani (the Hindi word for maternal grandmother), came from a low-income family from the island of Trinidad. Growing up, she worked on a sugar plantation with her siblings. But poverty and manual labor didn’t compare with what she experienced after her mother died.

One Part of Something Bigger

Israel Mallett's picture

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 at University of the West Indies,  Mona Campus for the Launch of the first phase of the initiative and there was something electric in the air. It was new and fresh, but old fears lingered; was this to become 'just another regional talk-shop?'

Wide-eyed and optimistic I was determined that for my small part it wouldn't turn out that way.

In 2015 the cost of sending remittances to Central America and the Dominican Republic decreased

During 2015 the cost of sending remittances to Central America and the Dominican Republic was reduced.  This result, obtained from the database of Envía CentroAmérica, is a positive one as these countries are major recipients of remittances from abroad.  In fact, four of them -Guatemala, El Salvador, Honduras and the Dominican Republic - stand out among the top 25 emerging economies recipients of international remittances.

Latin America: Is There Hope for Prosperity After the Commodity Price Boom?

Katia Vostroknutova's picture

This blog was previously published in The World Post.

Talk about ‘growth’ in Latin America has become less upbeat today than a few years ago. That’s no surprise. For over a decade, average growth meant at least double the economic activity that we are seeing today. 

Do rich and poor countries have different approaches to counter-cyclical spending?

Francisco G. Carneiro's picture
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 reduces spending (the pro-cyclical approach), the likely result is a deeper recession.

Smackdown: Provide the people of Africa with training, or with cold, hard cash?

David Evans's picture

In recent years, growing evidence supports the value of cash transfers. Research demonstrates that cash transfers lead to productive investments (in Kenya, Tanzania, and Zambia), that they improve human capital investments for children (in Burkina Faso, Tanzania, Lesotho, Zambia, and Malawi), and that they don’t get spent on alcohol (all over the world).

At the same time, the vast majority of governments invest large sums in training programs, whether business training for entrepreneurs or vocational training for youth, with the goal of helping to increase incomes and opportunities.

A better way to build -- promoting sustainable infrastructure

Robert Montgomery's picture

As countries prepare to meet at the G20 summit in Turkey next week, global growth and infrastructure needs will be at the top of decision makers’ concerns. And rightly so: Infrastructure – roads, bridges, ports, power plants, water supply – drive economic growth in many countries by facilitating manufacturing, services and trade. But it’s not just a matter of building more. To achieve good development on a planet stressed by climate change and diminishing natural resources, infrastructure needs to be sustainable.

Covering more ground: 18 countries and the work to conserve forests

Ellysar Baroudy's picture
Participants at the 13th FCPF Carbon Fund meeting in Brussels, Belgium
Credits: FCPF Carbon Fund


With all eyes on Paris climate meetings in December, we are at a critical moment to show that our efforts to reduce emissions from deforestation and forest degradation are moving from concept to reality.

The World Bank's Forest Carbon Partnership Facility, a 47-country collaboration, focuses on reducing emissions from deforestation and degradation, also known as REDD+; the Carbon Fund supports countries that have made progress on REDD+ readiness through performance-based payments for emission reductions.

What Can the Asian Tigers and Latin Pumas Learn From Each Other?

Danny Leipziger's picture

The global landscape these days is not a pretty one: collapsing commodity prices, weak demand in the OECD economies and a pronounced slowdown in many emerging markets, unpredictable capital flows affecting exchange rates, and a noticeable slump in world trade. This is clearly not a good time to be a Minister of Finance!

 
This is the panorama that surrounds the IMF World Bank Annual Meetings in Lima, October 8-10. The weak global picture is heavy on diagnostics of what is troubling many developing countries, but less robust on the side of policy solutions. In Lima, this will be one of the key topics of discussion during a high-level debate on “Balancing sustainable growth and social equity”.

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