With climate change, extreme events are expected to be the “new normal” for many small island developing states. It will take coordination and action from multiple stakeholders to effectively…
The 2017 Hurricane season was the most devastating season on record in terms of cost. For many, it was a stark reminder of how the entire economy of a small nation can be wiped out in a few hours…
Understanding Macroeconomic Volatility: Part 5. Read parts 1-4 here
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…
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,…
The case of the Maldonado stream: The voice of a citizen Imagine a busy metropolitan avenue crossing the length of Buenos Aires, Argentina, transited daily by buses and trains and lined with a…
Motorcycle riders and passengers have long been vulnerable users of motorized transport. In the Americas, with the increasing ownership of motorcycles, given the ease and lower costs, this trend…
(Photo by Chico Ferreira, available under a Creative Commons license - CC-BY-2.0)