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Caribbean

Jamaica Makes Call for Sustainable “Ocean Economy”

Jamaica is supporting a new United Nations push for “sustainable tourism economy” in less than 10 years. Jamaica Tourism Minister Edmund Bartlett says the island “fully endorses the goal of the Ocean Panel to achieve a sustainable tourism economy by […]

Foundations for Prosperity in Jamaica

A new approach By Dennis Chung CJ Contributor The World Bank recently released a paper called “Jamaica Economic Update Fall 2015”, in which it gave an update on the Jamaican economy and spoke to the necessity to achieve higher levels […]

News

In Jamaica, Demystifying Cuba

Exploring the Cuba opportunity By Dana Niland CJ Contributor International and local experts in the investment and trade fields came together to discuss opportunities, challenges, and procedures for business in Cuba at the Cuba Demystified business forum in Jamaica. JAMPRO […]

What Jamaica Needs for Sustainable Growth

A recipe for sustainable expansion By Dennis Chung CJ Contributor The Planning Institute of Jamaica has reported good news that the economy is estimated to have grown by 1.5 per cent for the July to September 2015 quarter. Of note […]

What’s Restricting Growth in Jamaica

The growth question By Dennis Chung CJ Contributor In my last article, I asked the question why is growth so elusive to Jamaica and identified some of the challenges that restrict our ability to grow. These are not new and […]

What International Business Means to Barbados’ Economy

By the Caribbean Journal staff Barbados needs to appreciate the value of its international business sector, according to the country’s Prime Minister. And Prime Minister Freundel Stuart is warning against undervaluing the country’s international business sector, saying that it “continues […]

How Much Money Does the Cruise Industry Contribute to the Caribbean Economy?

Quantifying the impact of cruise tourism By the Caribbean Journal staff How much does cruise tourism impact the Caribbean economy? Something in the amount of $3.16 billion, according to Business Research and Economic Advisors, which launched its analysis of spending […]

News

How Can Haiti’s Growth Improve?

How can Haiti grow — and grow in a different way? By Dana Niland CJ Contributor A new report from the World Bank Group has outlined key opportunities and constraints to faster sustainable and inclusive growth in Haiti. The report cites the […]

Cayman’s Economy Up 1.4 Percent

Economy grows in early 2015 By Dana Niland CJ Contributor The Cayman Islands economy experienced a 1.4 percent growth in the first quarter, according to a report by the Economics and Statistics Office. A number of sectors contributed to the […]

Why Tourism Matters in the Caribbean

And why it needs more prominence By Hugh Riley The emergence of the travel and tourism sector in the Caribbean coincided with a move away from complete reliance on agriculture as the primary money earner. The decline of bananas, sugar, […]

Markets

Jamaica’s Growth Outlook Is Improving

Positive signs for Jamaican economy By the Caribbean Journal staff Jamaica’s economy is showing some positive signs, according to the International Monetary Fund, which recently concluded a mission to the country. “A gradual economic recovery is underway.” said IMF Mission […]

Jamaica’s Surplus Question

What’s the right target? By Dennis Chung CJ Contributor THE primary surplus on the fiscal accounts can be defined as what is left to service debt after the government considers its revenues and expenditure on running the country. So wages, […]

Airbnb’s Top Caribbean Markets

Above: Guadeloupe (CJ Photo) By the Caribbean Journal staff AirBnb recently made a high-profile move into Cuba, but the shared-economy travel giant has actually maintained a large presence in the Caribbean for some time. But what are the company’s largest […]

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