Most studies on women-owned or -managed firms have found that such firms perform more poorly than do men-owned or -managed firms. However, a forthcoming report by the Inter-American Development Bank[1] has found some interesting data on Caribbean firms led by women. Indeed, unlike other regions in the world, Caribbean firms led by women have higher sales growth than firms led … [Read more...] about Caribbean Girls Run Tings: Boosting Sales Growth
Business
Shoreline Protection Gives Four More Reasons To Smile
Barbados is said to be a smile wide. This smile has gotten broader for locals, business owners, tourists and other visitors to the West Coast of the island following the completion of the second phase of the Inter-American Development Bank (IDB)/ Coastal Zone Management Unit (CZMU) funded coastal resilience project. … [Read more...] about Shoreline Protection Gives Four More Reasons To Smile
Big Jump in the Doing Business Indicator Ranking, More Improvements Expected
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
Three ways multilaterals support local banks and drive innovation in the Caribbean
Local banks are a core component of the market architecture in Latin America and the Caribbean with the potential to catalyze innovation and growth. As I return from the Americas Competitiveness Forum in Trinidad & Tobago, my third visit to the country this year, I am reminded how dynamic and innovative its business environment is and how multilaterals can better … [Read more...] about Three ways multilaterals support local banks and drive innovation in the Caribbean
Innovating Innovation: ‘Starting Up’ the Caribbean
Innovation, the process of making something better, can be a powerful driver of growth. Indeed, for small economies with a high level of human capital like the Caribbean, innovation has the potential to become the cornerstone of development policy. Thus, “innovating innovation” in the Caribbean to create a ‘start-up’ culture, while admittedly ambitious, is a worthwhile … [Read more...] about Innovating Innovation: ‘Starting Up’ the Caribbean