Search Result for: economist

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Grenada Building Reverse Osmosis Plants on Carriacou, Petite Martinique

Above: Carriacou By the Caribbean Journal staff Grenada’s government is building reverse osmosis desalination plants on the islands of Carriacou and Petite Martinique. The projects are being funded by the CARICOM Climate Change Centre, and Mark Bynoe, an environmental economist […]

Op-Ed: Toward A New Trajectory For Caribbean Development

By Keston K Perry Op-Ed Contributor With the untimely passing of Norman Girvan, the last Caribbean political economist of the earlier critical tradition, a major gap in radical ideas needs to be filled. These ideas must come from a new […]

St Lucia Government Planning to Enact Creative Industries Bill

Above: St Lucia By the Caribbean Journal staff St Lucia will move to enact a Creative Industries Bill for the country during the upcoming parliamentary session, according to St Lucia Governor General Dame Pearlette Louisy. The bill would follow the […]

Op-Ed: The United States and Sugar Policy in the Caribbean

By Isabel Wees Op-Ed Contributor In 2001, President George W Bush launched the Caribbean Third Border Initiative with the countries of the Caribbean “to make sure the benefits of globalization are felt in even the smallest economies.” The Third Border […]

Why the Caribbean Needs to Go Green

Above: a wind farm in Nevis (CJ Photo) By Michael W Edghill CJ Contributor NO, THE FOCUS of the following is not going to be on the impending doom of global climate change and the peril that island nations will […]

St Lucia Names Non-Resident Ambassador to PetroCaribe, ALBA

Above: St Lucia By the Caribbean Journal staff St Lucia, which joined the Venezuela-led ALBA alliance earlier this year, has named a non-resident ambassador to both ALBA and PetroCaribe. The country has appointed Eustace Vitalis, an agricultural economist by training, […]

Who Will Lead Caribbean Transformation?

By Zhivargo Laing CJ Contributor Dr Shelton Nicholls, former deputy director of the Central Bank of Trinidad and Tobago, was right when he said Caribbean countries needed to ensure economic growth strategies address the current challenges as well as take […]

The Caribbean’s Greatest Challenge

By Zhivargo Laing CJ Contributor WE FACE many challenges in the Caribbean, but we need to pay special attention to the region’s most serious challenge – employment. Many thousands of our people are unemployed. Thousands more are under-employed. And many […]

CARICOM is 40, But Who is Celebrating?

By Zhivargo Laing CJ Contributor The Caribbean Community (CARICOM) is celebrating 40 years of existence. But who is really celebrating? Certainly not the masses of Caribbean peoples, plagued with high levels of unemployment, crime, debt and anxiety about the future. […]

China and the Caribbean — a Marriage Made in Heaven?

By Zhivargo Laing CJ Contributor ON A recent radio show in the Bahamas, the topic of China’s $8 million loan to the country was being discussed. A curious caller asked, “what do the Chinese want for these loans anyway?” Her […]

Op-Ed: Why Jeffrey Sachs is Wrong on the Cayman Islands

By Gonzalo Jalles Op-Ed Contributor COLUMBIA UNIVERSITY’S finest, Professor Jeffrey D Sachs, has exploded into print for the second time in a week with yet another withering condemnation of The Cayman Islands. His preferred medium is, once again, the London-based […]

Caribbean Hotel and Resort Investment Summit Begins in Miami

Above: the JW Marriott Marquis in Miami By Alexander Britell MIAMI — Delegates from around the Caribbean region assembled in Miami Monday for the beginning of the Caribbean Hotel and Resort Investment Summit. The conference’s first day saw contributions from […]

Op-Ed: The Caribbean’s “Depth” Crisis

By Zhivargo S. Laing Op-Ed Contributor WHILE GOVERNMENT DEBT remains worrisome for many Caribbean and Latin American countries, socio-economic depth may be the more serious worry for sustainable growth and development in the future. Socio-economic depth here refers to the […]

Dennis Chung: Why Devaluation Is Not Good for Jamaica

By Dennis Chung CJ Contributor OVER RECENT WEEKS there have been utterances from several quarters in Jamaica — including economists, analysts, and technocrats — about the benefits of devaluation for the country. The argument being made, is based on the […]

Op-Ed: When Will the United Nations Pay for Its Actions in Haiti?

By Jake Johnston Op-Ed Contributor Less than a week after cholera began its violent spread throughout Haiti, a UN military base in the central plateau became the prime suspect for having introduced the bacteria. The UN was quick to shoot […]

Dennis Chung: Jamaica’s Policy Options

By Dennis Chung CJ Contributor THERE ARE TWO THINGS of importance to Jamaica that occurred over the past two weeks which will have an effect on what happens to our economy going forward. The first is the update on the […]

St Kitts Swears In New Governor General

Above: St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis has sworn in Sir Edmund Wickham as the twin-island federation’s new Governor General. The Governor General succeed Sir Cuthbert Montraville Sebastian, announced his retirement at the […]

Op-Ed: Kent Gammon on Reversing Jamaica’s Economic Decline

By Kent Gammon Op-Ed Contributor THE JAMAICAN ECONOMY continues to lag behind the rest of the world with a dismal 1.3 percent growth forecast for 2013. The Jamaican dollar is being sold officially for 92 dollars to one US […]

US Virgin Islands Governor Joins Letter Urging Deal on Fiscal Cliff

Above: US Virgin Islands Governor John de Jongh By the Caribbean Journal staff United States Virgin Islands Governor John de Jongh has signed on to a letter urging US leaders to prevent the looming “fiscal cliff.” The letter was addressed […]

Clinton: Haiti a “Foreign Policy Priority”

Above: US Secretary of State Hillary Clinton (Photo: US Department of State) By the Caribbean Journal staff Haiti opened the Caracol Industrial Park in northern Haiti, following a ceremony attended by Haiti President Michel Martelly, former US President Bill Clinton, […]

Op-Ed: Jamaica and the IMF

By David Rowe Op-Ed Contributor Shortly after the election of the People’s National Party Government in Jamaica, I reminded in this Journal that Jamaica needed to drastically improve its murder rate and corruption index; without doing so, it was unlikely […]

Turks and Caicos Islands Economy Grew 4.1 Percent in 2011: Report

By the Caribbean Journal staff The Gross Domestic Product of the Turks and Caicos Islands grew by 4.1 percent in 2011, according to a report from interim Chief Economist Stephen Pollard. The total figure for GDP in constant market prices […]

Governor: Turks and Caicos Has “Real Potential” for Economic Growth

Above: the Turks and Caicos House of Assembly By the Caribbean Journal staff The Turks and Caicos Islands has “real potential for economic growth,” according to Governor Ric Todd, who launched the territory’s new Green Paper on economic development Monday. […]

Guyana Looks to Russia for Support

Above: Russian Ambassador Nikolay Smirnov and Guyanese President Donald Ramotar By the Caribbean Journal staff Russia’s advocacy at international fora such as the G8 and G20 can help small countries in their quest for reforms of the international system, according […]

Op-Ed: Austerity and Growth in Jamaica

By Ramesh Sujanani Op-Ed Contributor Professor Michael Witter, writing in the Jamaica Gleaner, recently outlined a conflict of interest in the management of recession by governments’ policies in the United States and Europe. It seems that there are two approaches […]

Regional Economy Poised to Grow, But English-Speaking Caribbean Vulnerable

Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff The economies of Latin America and the Caribbean are poised to grow despite persistent global volatility, according to a new report from the World Bank. The report, “Latin […]

Guyana Creates Bauxite Development Unit

Above: the Linden bauxite mining plant By the Caribbean Journal staff With increasing demand for Guyana’s bauxite, the country’s government has established a Bauxite Development Unit within the Guyana Geology and Mines Commission. The unit will coordinate, oversee and assist […]

Haiti’s Martelly: “It Is Time to Stop Looking For Excuses and Start Working”

Above: Haitian President Michel Martelly with a visiting delegation Friday By the Caribbean Journal staff United Nations economists examined ways for the country to attract investment moving forward, joined in Port-au-Prince by Haitian President Michel Martelly. “It is time to […]

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