economic
Hotels

This Luxury Turks and Caicos Resort Has Huge Suites and Spectacular White Sand — and It Just Joined Leading Hotels of the World

shore club turks

Long Bay Beach runs for nearly 3 miles along the southeastern side of Providenciales, a long stretch of white sand where steady trade winds move across shallow water that shifts between turquoise and pale blue depending on the light. The shoreline feels wide and open. Kiteboarders glide across the bay in the distance. The rhythm here […]

economic

Statistics, Geography and Development in the Caribbean Region

By George Nicholson and Nayaatha Taitt Op-Ed Contributors Lifting persons in developing countries out of poverty and improving the stance of the country itself has long been a challenge faced by governments, with the Greater Caribbean being no exception. While there have been some successes, particularly in poverty alleviation, by and large, wholesale movement of […]

economic

How Much Can Jamaica Grow?

By Dennis Chung CJ Contributor THE PLANNING Institute of Jamaica (PIOJ) is targeting real GDP growth of three percent in the fiscal year 2015/16. This is against the previously targeted 1.5 to two percent, under the current IMF agreement. I have long indicated that Jamaica has the capacity to grow at rates of between three to […]

economic

IMF: Grenada Economic Recovery "Slowly Taking Hold"

Above: Grenada (CJ Photo) By the Caribbean Journal staff Grenada has made a strong start in implementing its new IMF programme, the fund said following the completion of its first review of its programme with the country. The programme was approved in June for a total amount of $21.7 million. “The economic recovery is slowly […]


How Much Can Jamaica Grow?

Above: downtown Basseterre, St Kitts (CJ Photo) By the Caribbean Journal staff St Kitts and Nevis has made “substantial strides” sing its home-grown economic programme, according to the International Monetary Fund. The IMF recently concluded its ninth and final review of the country’s economic performance under a programme supported by a 36-month Stand By Arrangement. […]

Cayman Enterprise City Economic Zone Signs 100th Company

Above: a rendering of the future home of Cayman Enterprise City By the Caribbean Journal staff The Cayman Enterprise City special economic zone in Grand Cayman has signed its 100th company, CEC announced this week. The knowledge-based economic zone has been focused on attracting media, technology, biotech and other similar companies, highlighting a range of […]

Cuba, Mexico Sign Agreement on Economic Cooperation

Above: Havana’s Miramar Trade Centre By the Caribbean Journal staff Cuba and Mexico have signed a new agreement on economic cooperation, Cuba’s government announced on Monday. The purpose of the agreement between Cuba and ProMexico, Mexico’s investment promotion arm, was for “strengthening economic relations” according to the government. It was officially signed by ProMexico and […]

St Maarten, Caribbean Economic Hub?

Above: St Maarten (CJ Photo) By the Caribbean Journal staff St Maarten should be a financial and economic hub of the Caribbean, St Maarten Prime Minister Sarah Wescot-Williams said this week. Speaking to German Ambassador to the Dutch Kingdom Franz Kremp, the Prime Minister said it behooved the country to “explore its place within the […]

Moody's Downgrades Barbados Rating; Outlook Remains "Negative"

Above: Barbados (CJ Photo) By the Caribbean Journal staff Moody’s Investors Service has downgraded the government bond rating of Barbados to Ba3 from Ba1, the New York-based firm announced. The two-notch downgrade reflected several key drivers, including the country’s “continued anemic economic growth with limited prospects for improvement,” “persistently large fiscal deficits,” “increasing government liquidity […]

Dennis Chung: Economic and Social Transformation in Jamaica

By Dennis Chung CJ Contributor “EVERYBODY want to go to heaven, but nobody want to die”. These words were sung by Peter Tosh in “Equal Rights.” In other words, how can we expect to go to heaven if we are still living? This is no different from the many expectations of people who expect (i) […]

Bahamas to Host Caribbean Economic Policy Forum

Above: the Atlantis Resort By the Caribbean Journal staff The second annual Caribbean Economic Policy Forum will be hosted at the Atlantis Resort on Paradise Island in the Bahamas next week. The conference, which takes place Sept. 19-20, is being organized by the Bahamian Ministry of Finance and the Inter-American Development Bank, in conjunction with […]

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 $381 million in foreign direct investment to Jamaica in 2012, up from $218 million in […]

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