To understand how effective countries are in fostering private sector growth and encouraging enterprise contribution, the World Bank produces the Doing Business Indicators, comprising ten measures ranging from the ease with which private companies can pay their taxes to register property. Which factors stand out for The Bahamas? These were cited among the indicators for … [Read more...] about Three Steps to Improving Business in The Bahamas
Are Governments an Advantage for Some Firms, Yet a Disadvantage for Others?
Although many business owners lament the rampant corruption in the Caribbean, the term corruption can range from bribery (whereby government officials demand illicit payments from individuals or businesses to perform an official task) to unproductive rent-seeking (whereby bureaucrats and parliamentarians favor certain private interests for their legal or illegal lobbying. This … [Read more...] about Are Governments an Advantage for Some Firms, Yet a Disadvantage for Others?
Shifting The Frontiers: Caribbean Convergence
In this interview, Mr. Dookeran and Dr. Carlos Elias 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
Caribbean Girls Run Tings: Boosting Sales Growth
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 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
Made In Suriname: Conversations On Enhancing Competitiveness In Suriname
Photo author Nicola Karcher by Nicola Karcher and Sasha Baxter On March 11th-12th the Competitiveness Unit of Suriname (CUS) held the 2nd Competitiveness Forum, “Building Together a Strategic Economic Plan for Suriname” organized by CUS with collaboration from Compete Caribbean, the IDB Country Office in Suriname and other regional stakeholders. Discussions for the two day … [Read more...] about Made In Suriname: Conversations On Enhancing Competitiveness In Suriname