Caribbean nations offer valuable lessons on how to mitigate the effects of shocks, like natural disasters and the COVID-19 pandemic, through more resilient public financial management (PFM)…

Tracey Marie Lane, Ruxandra Burdescu, Leah April |

Effective management of state-owned enterprises (SOEs) can offer countries a layer of defense for fiscal resilience and sustainability when resources become scarce due to natural disasters.

Ruxandra Burdescu, Jana Kunicova, Joy ten Berge |

Building seawalls. Photo: Lauren Day/World Bank The first ever meeting of the Heads of Procurement of the Organization of Eastern Caribbean States (OECS) took place on June 20-21 in Barbados with…

Shaun Moss |

Governments spend a lot of money to contain violence. [[tweetable]]In 2015, some $1.7 trillion was spent on defense by governments worldwide[[/tweetable]] . While the primary responsibility for…

Ede Ijjasz-Vasquez, Bernard Harborne |

A cup of coffee in Caracas costs almost 200 times a liter of gasoline. Households in Turkey paid 74 times more than their Egyptian counterparts for bottled cooking gas in early 2013. The price…

Masami Kojima |

The Small Island Developing States, or SIDS, include 52 countries spanning the Caribbean, Atlantic, Indian and Pacific Oceans, as well as the South China and Mediterranean Seas. They range from…

Vivien Foster |