Search Result for: gross domestic product
62 results found.
Dominican Republic Receives $30 Million Loan For Small Business Development
Above: Santo Domingo By the Caribbean Journal staff The Dominican Republic will be receiving a $30 million loan from the Inter-American Development bank to boost productivity in the micro, small and medium-sized business sector. The project will provide access for […]
IMF: Haiti GDP Grew By 4 Percent in 2013
Above: Port-au-Prince By the Caribbean Journal staff Haiti’s gross domestic product grew by around 4 percent in the 2013 fiscal year, according to preliminary data from the International Monetary Fund. That number was better than had recently been projected. In […]
IMF: Baha Mar to Help Lead Economic Pickup in the Bahamas
Above: the Bahamas By the Caribbean Journal staff The Bahamas should see a boost in economic growth beginning in 2014, according to the International Monetary Fund. The fund said that a reduction in tourist arrivals and in the completion of […]
Op-Ed: World Bank VP Hasan Tuluy on a Balanced Path to Caribbean Prosperity
By Hasan Tuluy Op-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A […]
Dennis Chung: Private Sector Growth and Jamaican Development
By Dennis Chung CJ Contributor LAST week I wrote about what the pillars of growth are. Today I want to answer a question, often asked in a roundabout way, by persons who say that the private sector has not done […]
Paul Hay: CARICOM and Caribbean Economic Development
By Paul Hay CJ Contributor In 1963, the Centre for Developing-Area Studies (CDAS) was established at the McGill University in Canada. William G. Demas – then Head of the Economic Planning Division of the Government of Trinidad and Tobago, served […]
Standard & Poor’s Lowers Barbados Outlook to Negative
Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered the outlook on its long-term rating on Barbados to negative, the New York-based ratings firm announced. S&P also announced that it had affirmed the country’s “BB+” […]
Does the Tourism Industry Get the Attention it Deserves in the Caribbean?
By the Caribbean Journal staff In spite of tourism’s massive contribution to the Gross Domestic Product of the Caribbean, it “does not get the priority attention it deserves” in the Caribbean, according to US Virgin Islands Tourism Commissioner and Caribbean […]
Doing Business in the Caribbean: Lessons From Singapore
By Paul Hay Op-Ed Contributor In the “Competitiveness of Small Nations: What matters?”, Densil Williams and Beverly Morgan analyze the competitive performance of Singapore, Barbados, Jamaica, Trinidad and Tobago under the “Global Competitiveness Report” over a period spanning 2004/5 to […]
As Haiti Develops Tourism Sector, It Looks to Aruba for Inspiration
Above: Aruba PM Mike Eman and Haiti PM Laurent Lamothe (Photo: OPM Haiti) By Alexander Britell In a region with few natural resources, tourism is to the Caribbean as oil is to the Middle East. To be sure, some countries […]
Gender-Responsive Budgets in Jamaica
By Marcia Forbes, PhD CJ Contributor A Solid WROC With the talk at every level of Jamaican society being about the IMF and the critical role the coming relationship with this institution will play in the country’s future, it […]
Op-Ed: The IMF, Chavez, and Jamaica’s Economic Future
By David Rowe Op-Ed Contributor FOR THE LAST 12 MONTHS, Jamaica has been in intermittent negotiations with the IMF. These negotiations have not yet yielded a new agreement. It is now acknowledged internationally that Jamaica is in an economic crisis. […]
Op-Ed: The Internationalization of Jamaica’s Small Business Sector
By Richard Kildare Op-Ed Contributor The challenges in developing any economy are many. It is prove, however, that through the infrastructural development of small businesses and entrepreneurship, this sector can account for employing more than 60 to 80 percent of […]
Jamaican Growth Flat in Second Quarter
Above: Planning Institute of Jamaica Director General Dr Gladstone Hutchinson (FP) By the Caribbean Journal staff Jamaica’s economy grew by 0.1 percent in the second quarter, according to data released by the Planning Institute of Jamaica. PIOJ Director General Dr […]
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 […]
Forbes: Jamaica’s Energy Insecurity
By Marcia Forbes, PhD CJ Contributor Heavy Burden of Imported Oil The figures stunned me. Anthony Hylton, Minister of Industry, Investment & Commerce and Julian Robinson, State Minister in the Ministry of Science, Technology, Energy & Mining both spoke at […]
Op-Ed: Jamaica’s Construction Industry
By Paul Hay Op-Ed Contributor In 2008, Dean Burrowes recorded his analysis of the global recession in “The Jamaican Construction and Real Estate Industry and the Impact of the Global Economic Crisis.” He noted that the bankruptcy of major US […]
Rio+20 Conference Nets Pledges of $513 Billion for Sustainable Development
Above: Sha Zukang (UN Photo/Maria Elisa Franco) By the Caribbean Journal staff A total of nearly $513 billion was pledged by governments at this week’s Rio+20 conference on sustainable development in Rio. “From the very beginning, we have said that […]
Op-Ed: Sustainable Green Growth in Latin America and the Caribbean
By Hasan Tuluy Op-Ed Contributor Economic and social development has emerged as the twin pillars of Latin America and the Caribbean’s strategy to create a more equitable, modern society. After decades of struggling to find the right balance between growth […]
Haiti’s Economy to Grow 7.8 Percent, Lead Caribbean in 2012: IMF Report
Above: Jacmel (Photo: Capponi Group) By the Caribbean Journal staff Haiti’s Gross Domestic Product is projected to grow by 7.8 percent in 2012, according to the recently-released World Economic Outlook from the International Monetary Fund. Haiti’s projected growth comes after […]
St Lucia Holds Discussions on Draft of New Electronic Communications Bill
By the Caribbean Journal staff St Lucia recently held a two-day consultation on the draft of a new Electronic Communications Bill. According to Information and Broadcasting Minister Senator James Fletcher, the telecommunications sector in the Caribbean counts for at least […]
British Virgin Islands to Begin Survey to Determine Economic Performance
By the Caribbean Journal staff The British Virgin Islands’ Development Planning Unit will begin conducting its annual National Accounts Survey to determine the economic performance of various sectors in the economy on March 20. The survey is focused on obtaining […]
Barbados Mulls Agriculture Overhaul
By the Caribbean Journal staff An overhaul to Barbados’ agriculture sector is long overdue, according to prominent agriculturalist Dr Chelston Brathwaite. Brathwaite said Barbados is still operating a model inherited from the pre-independence period. “That model has run its course,” […]
Op-Ed: Challenges Ahead for Jamaica
Above: Jamaica House By Garnett Ankle Op-Ed Contributor In Jamaica, whenever a new prime minister is inaugurated, it always gives me a sense of hope for the future of the island nation. The return to office of Portia Simpson Miller […]
Barbados: “We Will Not Roll Over and Play Dead” in Economic Recession
Above: Finance Minister Chris Sinckler By the Caribbean Journal staff Barbados will not “roll over and play dead” during the current economic recession, according to Finance Minister Chris Sinckler. “That’s not the stance this government has, or will ever take, […]
Kent Gammon: What Are the Priorities of the New Jamaican Government?
By Kent Gammon Op-Ed Contributor The Peoples’ National Party led by the Hon. Portia Simpson-Miller, was handsomely rewarded by the Jamaican people in the country’s 16th general election, taking 42 of the 63 seats in the House of Parliament. The […]
Regional Outlook: Preparing for the Worst, Hoping for the Best
By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]
New Board of Directors for BVI Tourism
Above: Scrub Island in BVI By the Caribbean Journal staff The British Virgin Islands has appointed a new Board of Directors for its BVI Tourist Board, according to Premier Dr Orlando Smith. The board was appointed with the approval of […]
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