Search Result for: economic policy

343 results found.

Guyana Celebrates 40 Years of Diplomatic Relations With China

Above: Guyana President Donald Ramotar By the Caribbean Journal staff Guyana hosted a reception Wednesday celebrating the 40th year of diplomatic relations between Guyana and China. Guyana President Donald Ramotar said there was “ample testimony” to strong bonds of friendship […]

St Kitts and Nevis Meets Performance Targets, But IMF Lowers Growth Outlook

Above: St Kitts (Photo: SKT) By the Caribbean Journal staff The International Monetary Fund has lowered its economic outlook for St Kitts and Nevis’ economy in 2012, with a projected growth of zero percent, although the country did meet all […]

Standard & Poor’s Downgrades Caribbean Development Bank, Outlook “Stable”

Above: the bank, which had another ratings firm downgrade its credit, is based in Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its long-term issuer credit rating on the Caribbean Development Bank from AAA to […]

Haiti’s Economy “Continues to Grow,” But Must Accelerate Reconstruction: IMF

Above: Jacmel during Carnival By the Caribbean Journal staff Haiti’s economy is moving in a positive direction, though at a level below that projected by the International Monetary Fund’s Extended Credit Facility arrangement, the IMF said following the conclusion of […]

Interview with Haiti Tourism Minister Stephanie Villedrouin on Remaking Haiti’s Brand

By Alexander Britell Haiti’s tourism sector is beginning again. Two years since the earthquake, new hotels are beginning to pop up, new hospitality students are being trained and destinations like Jacmel are entering the consciousness of international travelers. While it’s […]

Jamaica Plans Boost for Creative Sector

By the Caribbean Journal staff As part of a growing Caribbean trend, Jamaica’s government will establish a National Commission on Cultural and Creative Industries. The commission, which was announced by Jamaican Prime Minister Portia Simpson Miller Tuesday, will aid the […]

Op-Ed: Jamaica’s Debt Trap

By Kent Gammon Op-Ed Contributor The state of the Jamaican economy over successive administrations tells the story of Jamaica’s evolving debt trap. The distinction that should be appreciated amongst successive administrations is how well each managed (or perhaps more appropriately […]

Forbes: Mobile Lifestyles in Jamaica

STREAMING: Volume 1; #Social Media, Mobile Lifestyles, written by Dr Marcia Forbes, analyses the responses from research participants in four countries – Jamaica, Dominica, USA and Trinidad – to give deep insights into youth culture, the concept of mobility and […]

Bahamas to Focus on Urban Renewal Programme, Mulls National Lottery

Above: Perry Christie (centre) and other MPs head to Parliament ahead of the Budget Communication (BIS Photo/Patrick Hanna) By the Caribbean Journal staff The Bahamian government is planning to revive the country’s Urban Renewal programme and is considering a national […]

Interview with Antigua and Barbuda Prime Minister Baldwin Spencer

Above: Prime Minister Baldwin Spencer (CJ Photo) By Alexander Britell BRIDGETOWN — Prime Minister Baldwin Spencer and his United Progressive Party have led Antigua and Barbuda’s government since 2004, when, as leader of the opposition, he unseated the Antigua Labour […]

Jamaica’s Phillips: Country Must Put Debt on Downward Trajectory

Above: Finance Minister Dr Peter Phillips By the Caribbean Journal staff Jamaica must develop comprehensive policies aimed at putting the country on the path toward reducing its debt burden, according to Finance Minister Dr Peter Phillips. Jamaica’s debt payments were, […]

Op-Ed: Jamaica, Greece and Putting the People Before the Creditors

By Jake Johnston Op-Ed Contributor Jamaica is barely emerging from its worst economic downturn in the last 30 years. Even after positive growth returned in 2011, the economy remains 3 percent below its 2007 level, and with anaemic growth projected […]

St Kitts and Nevis Identifies Yachting Industry as Key Tourism Component

Above: Christophe Harbour By the Caribbean Journal staff The government of St Kitts and Nevis has identified yachting as a potential growth area and one that could change “dramatically” in the next few years, according to Tourism Minister Richard Skerritt. […]

Op-Ed: Abortion in Jamaica

By Ramesh Sujanani Op-Ed Contributor It is surprising to see the matter of abortions once again rear its ugly implications in Jamaica. Three years ago, the issue of abortions came to the forefront, and there was an open and public […]

Jamaica’s Debt Interest Payments Were World’s Highest in 2011: Report

Above: Kingston By the Caribbean Journal staff Jamaica’s “unsustainable public debt burden” continues to displace needed investments, preventing long-term growth, according to a new paper from the Center for Economic and Policy Research. In 2011, Jamaica had the highest debt […]

Trinidad’s Finance Minister Dookeran: Pension System in Need of Reforms

Above: Trinidad Finance Minister Winston Dookeran By the Caribbean Journal staff Trinidad and Tobago’s pension system is in need of reforms, as risk still remain despite a solid pension industry, according to Finance Minister Winston Dookeran. According to the Minister, […]

Op-Ed: Haiti’s Fight for Transparency

By Jake Johnston Op-Ed Contributor In the aftermath of the earthquake in Haiti, donors pledged billions of dollars for reconstruction efforts. With those dollars was a commitment to “build back better”; this time was supposed to be different from previous […]

Montserrat Premier Signs Memorandum With UK on Government Reforms

Above: signing the MoU (Photo: GIS) By the Caribbean Journal staff Montserrat Premier Reuben Meade has signed a Memorandum of Understanding with the United Kingdom’s Department for International Development outlining a series of governmental reforms the territory must undertake to […]

Op-Ed: The Bahamas Election Looms

By Ian Strachan Op-Ed Contributor The Bahamas braces itself for the eighth election in its 39-year history. It promises to be just as close as its last, in which less than 4,000 votes separated the two major parties. So far […]

Grenada’s Tourism Minister Resigns

Above: MP and Former Tourism Minister Peter David By the Caribbean Journal staff Grenadian Tourism Minister Peter David resigned his position on Monday. David, whose portfolio includes Tourism, Civil Aviation and Culture, said he was “pushed into having to take […]

Trinidad PM Seeks to Abolish Privy Council Appeals in Criminal Matters

Trinidad and Tobago’s government will be introducing legislation to abolish Privy Council appeals in all criminal matters, Prime Minister Kamla Persad-Bissessar announced in a statement to Parliament Wednesday. All of those cases would be ceded to the Caribbean Court of […]

St Lucia Prime Minister Pledges Cushion for Poor in Implementing VAT

By the Caribbean Journal staff While St Lucia is preparing to implement a new Value Added Tax in September, Prime Minister Dr Kenny Anthony is vowing to cushion the impact of the tax on the country’s poor. “The big issue […]

Op-Ed: The Roots of Jamaica’s Brain Drain

By Javed Jaghai Op-Ed Contributor During a speech at Hillel Academy on March 20, Jamaican Minister of Youth and Culture Lisa Hanna, admonished students to resist the urge to migrate to more developed countries. I was amused by the request […]

Antigua Making “Notable” Progress: IMF

By the Caribbean Journal staff Antigua is showing “notable progress” in many areas, according to the International Monetary Fund, which recently concluded a visit to the country. The IMF undertook the fourth, fifth and sixth reviews of the programme under […]

What China and Europe Mean for the Caribbean, from Haiti to Barbados

By Alexander Britell CHINA AND EUROPE remain the biggest threats to the Caribbean’s economy — that is, Chinese deceleration and European debt. But how vulnerable is the Caribbean to those potential external shocks? A recent study from the Inter-American Development […]

Latin America and Caribbean “Resilient” to European Debt, Chinese Deceleration

Above: Nassau (CJ Photo) By the Caribbean Journal staff The economies of Latin America and the Caribbean remain “resilient” to a possible slowdown in world economic growth stemming from a potential deepening of the European debt crisis deceleration in China, […]

St Kitts and Nevis Passes International Monetary Fund’s December Tests

Above: Charlestown, Nevis (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis met all of the International Monetary Fund’s quantitative performance criteria at the end of December in addition its structural benchmarks, according to George Tsibouris, head of […]

Antigua Prime Minister Spencer Pledges Closer Cooperation with China

Above: Antigua PM Baldwin Spencer with Chinese officials (Photo: ABG) By the Caribbean Journal staff Antiguan Prime Minister Baldwin Spencer is pledging to forge closer ties with China and continue its support for the One China policy, he said following […]

Marriott Just Opened a New Hotel in Old San Juan, Puerto Rico