economic

Why Jamaica Can Regain Its Place As the Powerhouse of the Caribbean

Barbados, Guyana Looking to Deepen Economic Ties

By the Caribbean Journal staff CARICOM members Barbados and Guyana are looking to deepen their relationship. That was the view expressed during a recent meeting between Barbados Industry Minister Donville Inniss and Guyana Vice President Carl Greenidge at the Hilton …

Addis Ababa and the Caribbean

Global financing and the Caribbean By George Nicholson and Rachael RobinsonOp-Ed Contributors The issue of global financing for development is a critical theme in the international development agenda with the most recent United Nations (UN) meeting being the Third International …

How Colombia’s Agribusiness Sector Is Driving Economic Growth

A major force in the region By the Caribbean Journal staff Colombia’s agribusiness sector is playing a key role in the growth of the country’s economy. With $192 million in exports to over 127 countries, the industry generates about 6.2 …

Why It’s Time for Jamaica’s Economic Independence

A new kind of independence? By Dennis ChungCJ Contributor ON August 6, 1962, Jamaica gained political independence, and many people watched the Jamaican flag raised while the Union Jack was lowered for the last time. This symbolised Jamaica’s new-found …

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

Significant growth in 2015 By the Caribbean Journal staff When the government of Prime Minister Gaston Browne came to power in June 2014, there was one overriding goal: to make Antigua and Barbuda and economic power house. So far in …

Barbados Economy Showing Growth

After two slow years, signs of life By Dana NilandCJ contributor The International Monetary Fund (IMF) is projecting positive GDP growth for Barbados this year as a result of increased tourism arrivals and accelerated growth in key markets. After a …

What Do Economic and Social Change Look Like in Jamaica?

By Dennis ChungCJ Contributor PERHAPS the question I get asked most frequently is about the economy and the prospects for it. One of the things I hate the most is when people engage you on the economy and ask about …

Jamaica Reports Positive GDP Growth

Above: Kingston (Caribbean Journal photo) By the Caribbean Journal staff After the country’s economy saw a 0.3 percent contraction in the last quarter of 2014, Jamaica is now reporting positive growth for the first quarter of 2014. The Planning Institute …

The Caribbean’s $29.5 Billion Industry

Above: Trunk Bay in St John, US Virgin Islands (Caribbean Journal photo) By the Caribbean Journal staff It’s the largest economic driver in the Caribbean, and it keeps getting bigger, according to newly-released economic data. The Caribbean welcomed 26.3 million …

Natural Resources and Economic Policy in the Greater Caribbean

By Alberto Duran and Noemi Areli SanchezOp-Ed Contributors As part of the regulatory function, the State, through its economic policy, directly influences the economic growth of a country. The discussion on the effects of that policy focuses generally on questions …

This Is the Latest Caribbean Island to Consider Economic Citizenship

Above: St Lucia (CJ Photo) By the Caribbean Journal staff St Lucia is continuing to consider the possibility of implementing an economic citizenship programme, an idea broached last year. A task force set up last August recently completed a report on …

The CARICOM Question

By David RoweOp-Ed Contributor The Caribbean is a region of small islands surrounded by water. In an increasingly competitive global economic and political climate, these island can no longer remain islands. But what’s the future of Caribbean regionalism? That brings …

Productivity in Jamaica

By Dennis ChungCJ Contributor JAMAICA SEEMS set to pass the sixth International Monetary Fund (IMF) test, underlining the fact that we have, no doubt, been making progress in establishing the framework on which development must take place. I say this against …

The Caribbean Travel Awards – 2014

In many ways, travel defines the Caribbean. It inspires, it creates, it entertains, it employs. It moves people and it moves souls. And travel and tourism are the Caribbean’s largest economic driver. To celebrate the world of Caribbean travel, we …

CARICOM, Cuba Meet in Havana

Above: Havana By the Caribbean Journal staff Member states of the Caribbean Community began meeting with the government of Cuba in Havana this weekend for the fifth Cuba-CARICOM summit. The talks were expected to focus on economic and trade relations, …

Economic “Clusters” in Jamaica?

Above: Jamaica (CJ Photo) By the Caribbean Journal staff It may be time to create economic “cliusters” to spur growth in Jamaica, according to Densil Williams, Professor of International Business and Executive Director of the Mona School of Business Management …

IMF: Jamaica “On Track”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s International Monetary Fund programme is “on track” and policy implementation “remains strong,” according to the IMF, which recently concluded a staff review mission to the country. “Jamaica’s economic transformation programme …

Ranking the Caribbean on Gender Equality

Above: Barbados (CJ Photo) By the Caribbean Journal staff Which Caribbean countries have the highest level of gender equality? The World Economic Forum has released its latest Global Gender Gap Report, looking at how countries around the world fare when …