world bank

British Virgin Islands Joins Global Partnership For Oceans

 Above: the British Virgin Islands By the Caribbean Journal staff The British Virgin Islands has officially joined the Global Partnership for Oceans. The territory joined the global organization at a ceremony at the United States Department of the Interior in …

How Long Does It Take to Pay Business Taxes in the Caribbean?

 Above: the Bahamas (CJ Photo) By the Caribbean Journal staff We continue our series on business in the Caribbean with a look at another important data set from the World Bank: how long it takes for a business to pay …

World Bank Approves $130 Million Loan For Jamaica

 Above: the World Bank By the Caribbean Journal staff The World Bank Board of Directors has approved a $130 million development policy loan for Jamaica. The loan aims to promote “economic stability, debt sustainability and improve competitiveness in Jamaica,” according …

LATEST NEWS

 By the Caribbean Journal staff We continue our series on the World Bank’s Caribbean data by looking at another statistic: population growth. We’ve already looked at the Caribbean’s richest countries by GDP per capita, by population density, by life expectancy …

 Above: Puerto Rico (CJ Photo) By the Caribbean Journal staff Puerto Rico and St Lucia are the best places in the Caribbean for doing business, according to the World Bank’s annual Doing Business report, which ranks countries around the world …

 Above: the Umana Yana in Guyana By the Caribbean Journal staff Continuing our examination of Caribbean data from the World Bank’s recent World Development Report, we now turn to population age. What are the Caribbean’s oldest populations? What are the …

 By the Caribbean Journal staff The World Bank released its 2014 World Development Report report, which includes data on GDP per capita. So what is the richest country in the Caribbean Community, ranked by GDP per capita? It’s the Bahamas, …

 By Hasan TuluyOp-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A significant …

 Above: the signing ceremony (Photo: ABG) By the Caribbean Journal staff Antigua and Barbuda has signed a $10 million loan agreement with the World Bank. The loan will finance public and private sector reform activities over a five-year period, according …

 Above: the World Bank By the Caribbean Journal staff The World Bank has named a new special envoy to Haiti to focus in the area of “inclusive growth.” Mary Barton-Dock was officially named the second World Bank Special Envoy to …

 Above: Grenada (CJ Photo) By the Caribbean Journal staff A World Bank team will visit Grenada next week to begin the first round of consultation on the development of an OECS “Regional Partnership Strategy.” The partnership strategy “seeks to align …

 By Jim Yong KimOp-Ed Contributor LATIN AMERICA has had a good decade. Over the last 10 years, economic growth averaged 4.2 percent, and 70 million people escaped poverty. Macroeconomic stability, open trade policies and pro-business investment climates have supported and …

 Above: the World Bank’s headquarters By the Caribbean Journal staff The World Bank’s Board of Directors has approved a $20 million grant from the International Development Association targeting public sector efficiency in Haiti. The funding aims to increase “efficiency and …

 Above: Antigua (CJ Photo) By the Caribbean Journal staff Antigua and Barbuda will receive a $10 million loan from the World Bank, following approval by the bank’s Board of Directors. The loan will support the government’s efforts to “improve public …

 Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The World Bank’s executive board has approved a pair of grants for Haiti totaling $90 million. The first is a $70 million grant from the International Development Association that will cover …

 Above: Petion-Ville, Haiti (CJ Photo) By the Caribbean Journal staff Actor and activist Sean Penn is urging the international community to continue its support for Haiti as the country experiences a “rebirth of sorts.” Penn, who spoke at the World …

 Above: Antigua (CJ Photo) By the Caribbean Journal staff The World Bank recently concluded a three-day visit to Antigua and Barbuda to explore a development policy loan for the country. The team came to Antigua from Feb. 12 to Feb. …

 By Hasan TuluyOp-Ed Contributor   NEXT YEAR marks a decade since Latin America and the Caribbean took a dramatic turn for the better. After decades of stagnation, the region began a speedy economic and social transformation in 2003 that lifted …