By Franceso De Simone and Camila Mejia “Transparent practices form the basis for enhanced accountability”. Both “transparency” and “accountability”, as described in an OECD publication, are key pillars for development and essential elements for democratic governance in modern societies. The work done by a country’s primary auditing institution, usually the Office of the … [Read more...] about How Modernizing Has Improved Efficiency, Transparency and Audit Security
Why the IDB is 100% committed to Gender Equality
Gender Inclusion, Public Sector Management and Governance are in the news. On July 7 and 8 in Hamburg, these issues played an unexpected leading role during the G20 meetings, providing a rare opportunity for consensus during a meeting that marked stark differences around a significant number of issues among the members. In terms of gender, two initiatives are worthy of … [Read more...] about Why the IDB is 100% committed to Gender Equality
Fiscal Limits for Developing Economies in Central America and the Caribbean
By Allan Wright (IDB) and Francisco A. Ramírez (Central Bank of the Dominican Republic) The buildup of fiscal deficits and its subsequent escalation of national debt burdens during the last decade is one of the main characteristics of Central American and Caribbean economies. A close analysis of the fiscal position of these developing economies shows that during the … [Read more...] about Fiscal Limits for Developing Economies in Central America and the Caribbean
Suriname’s Debt Surge: What’s Driving It?
The debt to GDP ratio in Suriname increased by 35.6 percentage points in 3 years, moving from 29% of its GDP in 2014 to 64.6% in 2016. It’s the largest increase in a debt ratio recorded in Latin America and the Caribbean (LAC) over the period. Trinidad and Tobago, Belize and Brazil were the only other countries that experienced double digit increases over the same … [Read more...] about Suriname’s Debt Surge: What’s Driving It?
Solid Waste Management in The Bahamas Has Some History
Let’s Learn and Apply the Right Lessons The recent fires that plagued the Harrold Road landfill in early March of this year were a turning point for many residents on New Providence Island who suffered the shutdown of schools and public facilities, and in some cases, evacuation from their homes. Based on an assessment by a Pan American Health Organization (PAHO) team, the … [Read more...] about Solid Waste Management in The Bahamas Has Some History