economic - Caribbean Journal

economic

The Caribbean Economic Forecast for 2025

resorts

Budget-Friendly Jamaica Hotels Where Rooms Start Under $200 — Even in High Season

White-sand beaches, reggae rhythms drifting on the breeze, and a warm Jamaican welcome — you don’t need a luxury budget to experience it all. While Jamaica is home to some of the Caribbean’s most famous all-inclusive resorts, it’s also one of the best islands for affordable stays. From Negril’s legendary Seven Mile Beach to the […]

economic

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 Barbados. Greenidge was on an official visit to Barbados to sign the Third Barbados Guyana […]

economic

Addis Ababa and the Caribbean

Global financing and the Caribbean By George Nicholson and Rachael Robinson Op-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 Conference on Financing for Development (FfD), which was held in July in Addis Ababa, […]

economic

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 percent of the national GDP, and the National Statistics Department reports that exports in agribusiness […]

Addis Ababa and the Caribbean

A new kind of independence? By Dennis Chung CJ 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 political independence and was indeed cause for celebration. Over the 53 years since then, Jamaica […]

Barbados Economy Showing Growth

After two slow years, signs of life By Dana Niland CJ 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 slow 2014, conditions in the country’s economy have improved with lower oil prices, new […]

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 2015, that’s been the case. The country has posted the fastest growth in the Caribbean […]

What Do Economic and Social Change Look Like in Jamaica?

By Dennis Chung CJ 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 the prospects, but then don’t give you a chance to answer and then go […]

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 of Jamaica reported this week that it was projecting growth of between 0.5 and 1.5 […]

Natural Resources and Economic Policy in the Greater Caribbean

By Alberto Duran and Noemi Areli Sanchez Op-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 surrounding the highest standard of living that would be enjoyed by the population. Nevertheless, […]

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 tourists in 2014, and that group spent approximately $29.5 billion in the region. “Visitors spent […]

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 feasibility of setting up what it’s calling a “Global Residence and Citizenship Programme.” The […]