Barbados
Capital: Bridgetown; GDP growth (annual %) 2016 : 1.6%-
Higher earning Why a university degree is worth more in some countries than others
A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.
The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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Poor secondary and tertiary Maths performance needs urgent intervention
University of the West Indies (UWI) officials are calling for additional action and less talk across the region to confront the low performance in Mathematics at the secondary and tertiary level.
Dean in the Faculty of Science and Technology at the UWI Cave Hill Campus, Dr Colin Depradine, said the situation has reached the stage where urgent intervention is required.
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Global growth will be disappointing in 2016: IMF's Lagarde
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
- Key Facts
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Full name: Barbados
Population: 274,000 (UN, 2011)
Area: 430 sq km (166 sq miles)
Major language: English (Bajan, an English-African dialect, is widely used)
Major religion: Christianity
Life expectancy: 74 years (men), 80 years (women) (UN)
Monetary unit: 1 Barbadian dollar = 100 cents
Main exports: Sugar and molasses, rum, other foods and beverages, chemicals, electrical components, clothing
GNI per capita: Estimated to be high income: $12,196 or more (World Bank, 2010)
Internet domain: .bb
International dialling code: +1246
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Climate change laws around the world
2017/05/14There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.
The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.
- Barbados News
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- EDUCATION: Higher earning Why a university degree is worth more in some countries than others
- EDUCATION: Poor secondary and tertiary Maths performance needs urgent intervention
- ECONOMY: Global growth will be disappointing in 2016: IMF's Lagarde
- TOURISM: Over 3,000 jobs coming with redevelopment of historic property in Barbados
- BUSINESS / TRADE: CARICOM and USAID reach agreement on development assistance for Caribbean
- SOCIAL / CSR: Sanitation workers on strike in Barbados as union enters Phase 2 of industrial action
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