The OECS economies are small and highly open, which makes them volatile and prone to external shocks. Since 2010, some of the OECS countries have implemented strong fiscal consolidation programs and engaged in ambitious debt restructuring agendas.
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An investment for the futureEvery hour, more than 1,200 babies are born in Latin America. These infants represent the future of the region, and the next five years will define their role in that futur... Show More +e.In the past 25 years, the region has seen a significant boost in pre-primary education – in 2010, two-thirds of children were enrolled in some form of program, an increase of 10% on 1990.Jamaica has spearheaded these efforts and access is close to universal – today, 99% of infants are enrolled in pre-primary education. And results such as those from the UWI study, published in the Lancet, serve to further raise the profile of early-childhood interventions.“The great news is many countries are testing whether this works in their specific context,” explained Sally McGregor, one of the physicians in the original Jamaican study. “The Jamaican team also got funding from Grand Challenges Canada to put all the training materials, with videos and curriculum, on the web and assist at least three countries in launching it.”Additionally, in Colombia an 18 month project, funded by the World Bank, reached out to 96 poor communities where mothers were visited weekly and taught how to play and talk to their children. In 2011, the researchers returned to find gains in the children’s cognitive development along with their listening, comprehension and reading abilities.Breaking down the educational barriers for children from disadvantaged communities is the first step in opening the door to greater equality and access to opportunities in the future. Show Less -