Global Competitiveness Report 2014-2015

The Global Competitiveness Report 2014-2015 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The report remains the most comprehensive assessment of national competitiveness worldwide, providing a platform for dialogue between government, business and civil society about the actions required to improve economic prosperity. Competitiveness is defined as the set of institutions, policies and factors that determine the level of productivity of a country. The level of productivity, in turn, sets the level of prosperity that can be earned by an economy
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Connectivity for Caribbean countries : an initial assessment

Their vital relation with the Caribbean Sea is a defining factor for the many cultures, languages and countries that co-exist in the Caribbean. This factor acts as both the most important vehicle and as their most challenging obstacle to connect with the world, and represents the starting point for every single discussion around Caribbean states: the fact that they are sea-locked countries (for most), small economies, with a high level of vul¬nerability to natural disasters and a geographic location that calls for regional cooperation and integration. Two of these the fact that they are sea-locked and their location in the Caribbean pose critical and unchangeable barriers to maximizing the development of their infrastructure and connectivity. In consequence, exchanges of goods and services with the rest of the world are limited to air and maritime transport modes, logistics costs are gen¬erally higher, and they face a disproportionate risk disruption due to natural disasters. This all translates into a cost premium for developing both infrastructure and transport services, regardless of the degree of efficiency of the investment decision process
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