Procurement Right from Caribbean Country Department IDB on Vimeo. Public Procurement refers to the spending of taxpayers' money by the government to acquire various goods and services for delivery to the public. Better road networks, hospital facilities and schools are just a few of the public goods that procurement delivers. Considering the limited resources available … [Read more...] about The People’s Money: Getting Procurement Right
finance
Shifting The Frontiers: Caribbean Convergence
In this interview, Mr. Dookeran[1] and Dr. Carlos Elias[2] discuss the process of ‘Caribbean Convergence’. Mr. Dookeran and Dr. Carlos Elias recently edited a book called ‘Shifting The Frontiers: An Action Framework For The Future Of The Caribbean’. Below you will find a short summary of the interview. Shifting the Frontiers: Caribbean Convergence from Caribbean Country … [Read more...] about Shifting The Frontiers: Caribbean Convergence
Jamaica launches new electronic procurement system
Minister without Portfolio in the Ministry of Finance and Planning Horace Dalley (left) and IDB Country Representative Therese Turner-Jones. The government of Jamaica announced on July 31 the launch of the country’s first electronic procurement platform, which will improve the efficiency and quality of public procurement. The system was funded jointly by the government of … [Read more...] about Jamaica launches new electronic procurement system
The MIF in Jamaica: Small businesses, small country, small projects… large impact
Three years ago, I and my MIF colleagues who focus on Jamaica made a deliberate decision to target access to finance for Jamaican SMEs--a critical area of need in the country, and one in which we could make a difference. Today, the MIF portfolio in Jamaica includes a group of mutually reinforcing projects that offer support to small and medium firms through a range of models. … [Read more...] about The MIF in Jamaica: Small businesses, small country, small projects… large impact
Jamaica takes the leap in Doing Business Indicators: 5 lessons for the wider Caribbean
The World Bank Doing Business indicators have long been regarded as a measure of competitiveness across the globe, sometimes controversially as is the Global Competitiveness Index by the World Economic Forum. While some countries ignore the rankings, others make a concerted effort to improve the factors attributable to the indicators. After all, who knows which investor is … [Read more...] about Jamaica takes the leap in Doing Business Indicators: 5 lessons for the wider Caribbean