eclac

This is the Caribbean’s Fastest-Growing Economy in 2015

Ranking Caribbean Countries on Foreign Investment Per Capita

Above: St Kitts (CJ Photo) By the Caribbean Journal staff What’s the Caribbean’s foreign investment capital? To put it another way, which Caribbean country brings in the most foreign investment? We took a look at the most recent Foreign Direct …

The Caribbean’s Fastest-Growing Economies in 2014: Report

Above: Santo Domingo By the Caribbean Journal staff What are the fastest-growing economies in the Caribbean in 2014? The United Nations Economic Commission for Latin America and the Caribbean recently unveiled its updated projections for growth in 2014. At the …

Analysis: Ranking the Caribbean on Foreign Investment

By the Caribbean Journal staff How much foreign direct investment did Caribbean countries receive last year? To find out, Caribbean Journal looked at data from the recently-released Foreign Direct Investment in Latin America and the Caribbean report from the United …

Foreign Investment to Jamaica Grew By 75 Percent in 2012: Report

Above: Kingston (CJ Photo) By the Caribbean Journal staff Foreign direct investment to Jamaica rose 75 percent in 2012, according to preliminary data from the United Nations Economic Commission for Latin America and the Caribbean. That represented a total of …

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 …

Trinidad Central Bank “Cautiously Optimistic” on 2.5 Percent Growth in 2013

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago Central Bank Governor Jwala Rambarran is “cautiously optimistic” about a 2.5 percent growth rate for the country’s economy in 2013, he said Tuesday. At the same time, Rambarran …

Haiti to Post Caribbean’s Fastest Growth in 2013, Jamaica Slowest: Report

Above: flooding in Haiti lowered the country’s GDP estimate for 2012, but it is projected to grow 6 percent in 2013 (UN Photo/Logan Abassi) By the Caribbean Journal staff Haiti is projected to lead the Caribbean in GDP growth …

Guyana Sees Surge in Gold Production

Above: drilling at Sardine Mountain (Photo: Guyana Frontier) By the Caribbean Journal staff Gold production, declaration and sales have totaled 314,000 ounces to date in 2012, a 23 percent increase over the same time period in 2011, according to Natural …

ECLAC: Planning for Development “Back” in Latin America and the Caribbean

Above: Antonio Prado and Jose Antonio Ocampo (ECLAC Photo) By the Caribbean Journal staff Planning for development is “back with a renewed strength and complex challenges” in Latin America and the Caribbean, according to Antonio Prado, deputy executive secretary at …

Haiti Led Caribbean GDP Growth Last Year, Will Again in 2012: ECLAC

Above: a newly-inaugurated staircase in Petionville (Photo: OP) By the Caribbean Journal staff Haiti’s economy led the Caribbean in 2011 and will do so again in 2012, according to new data from the United Nations Economic Commission for Latin America …

Haiti Received Record-High Foreign Direct Investment in 2011: Report

By the Caribbean Journal staff Haiti received $181 million in net foreign direct investment in 2011, according to estimates from the United Nations Economic Commission for Latin America and the Caribbean. That number was an all-time record for foreign direct …

Dominican Republic Economy Projected to Grow 4.5 Percent: Central Bank

Above: Central Bank Governor Hector Valdez Albizu (Photo: CIG) By the Caribbean Journal staff Given the behaviour of the Dominican Republic’s economy in the first quarter, the country’s economy is projected to grow 4.5 percent by the end of 2012, …

El Salvador Signs Agreement to Host 34th Session of ECLAC in August

Above: ECLAC’s headquarters in Santiago (Photo: ECLAC) By the Caribbean Journal staff The United Nations Economic Commission for Latin America and the Caribbean will host its 34th Session in San Salvador, El Salvador in August, following an agreement signed Tuesday. …

Dominican Republic Economy Grew By 4.5 Percent in 2011: Report

Above: Independence Square, Puerto Plata (Photo: DR Tourism) By the Caribbean Journal staff The Dominican Republic’s economy grew by 4.5 percent in 2011, according to a report from President Leonel Fernandez. The President said 160,000 jobs were created last year, …

Jamaica Eyes India for Investment

Above: India (Photo: IT) By the Caribbean Journal staff The Jamaica Promotions Corporation (JAMPRO) recently invited tenders for representatives in China and India, as the country hopes to capitalize on its proximity to the United States to promote investment. “We …

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, …

Caribbean GDP to Grow 1.7 Percent in 2012: UN Report

By the Caribbean Journal staff The Caribbean’s economy is projected to grow 1.7 percent in 2012, following an estimated 0.7 percent growth in 2011, according to data from the United Nations Economic Commission for Latin America and the Caribbean. That …

St Lucia’s Economy to Grow 3.5 Percent in 2012: Report

By the Caribbean Journal staff Saint Lucian total GDP is projected to grow 3.5 percent in 2012, following an estimated 2.6 percent growth in 2011, according to a report from the United Nations’ Economic Commission for Latin America and the …