50-what? That was my reaction when the IDB representative told me the news that Jamaica had moved up in the World Bank’s Doing Business indicator from 94 in 2014 to 58 in 2015 (the World Bank changed the methodology, so officially they moved from 85 to 58, not too bad either). We all know that Jamaica is in the process of doing a series of reforms that will positively impact … [Read more...] about Big Jump in the Doing Business Indicator Ranking, More Improvements Expected
Stop Being Miserable
Figure 1: Misery Index for Caribbean Countries Average 2010-2012 Sources: Own calculations from WDI. Of the many associations one would make with the Caribbean, misery is probably not the most typical one. However, if we are to trust the Misery Index, all is not well in paradise. The Misery Index is simply the sum of unemployment and inflation, the idea being that it’s not … [Read more...] about Stop Being Miserable
The Jamaica Chapter of the Caribbean Growth Forum Holds First Accountability Workshop – Progress on the Rise!
The Jamaica Chapter of the Caribbean Growth Forum held its first accountability workshop on February 20, 2014. The Caribbean Growth Forum is organized in two phases. Phase 1 - focuses on identification and prioritization of concrete actions through a quick mobilization of actors and resources. Phase 2 - focuses on implementation by the governments, with the CGF facilitating the … [Read more...] about The Jamaica Chapter of the Caribbean Growth Forum Holds First Accountability Workshop – Progress on the Rise!
Doing Business in the Third Coolest Nation in the World
Jamaica – Cool People, Chilly Business Climate The CNN recently published a list of the 10 coolest nationalities, ranking Jamaicans in the third spot (behind Brazilians and Singaporeans but before Mongolians). Regrettably, Jamaica does not always rank so high, especially not when it concerns the economy or doing business. It is well known that Jamaica does poorly in the World … [Read more...] about Doing Business in the Third Coolest Nation in the World
Building Tourism links between Brazil and the Caribbean
Competition in tourism is strong and success depends on strong brands and the availability of good connection, resulting in tourism countries focusing on specific markets from where they try to attract as many visitors as possible and hinders diversification. The same is true for the Bahamas, Barbados, Jamaica and Trinidad and Tobago, which have strong links with … [Read more...] about Building Tourism links between Brazil and the Caribbean