economy

News

Airbnb’s Top Caribbean Markets

Above: Guadeloupe (CJ Photo) By the Caribbean Journal staff AirBnb recently made a high-profile move into Cuba, but the shared-economy travel giant has actually maintained a large presence in the Caribbean for some time. But what are the company’s largest […]

Could the "Singapore Experience" Have Happened in Trinidad?

Rethinking Jamaican Development

Making Caribbean Business Better

Where is Jamaica's Private Sector?

Making the Caribbean Blue
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Puerto Rico Sets a Single-Day Record for Cruise Passenger Arrivals
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The State of Aruba’s Economy

The Caribbean Riptide
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New York Governor Meets With Dominican Republic President
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Growing Trinidad's Internet Economy
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Haiti Prime Minister Laurent Lamothe on the New Haiti

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Jamaica: Economy Grew Between 1 and 2 Percent in Second Quarter
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IMF Mission Visiting Jamaica

Above: Kingston (CJ Photo) By the Caribbean Journal staff A team from the International Monetary Fund was set to begin a visit to Jamaica on Wednesday to conduct the fifth review of Jamaica’s performance under the Extended Fund Facility.” The […]

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Bonaire Resort Plans Multimillion-Dollar Renovation Project

Above: the Divi Flamingo Beach Resort in Bonaire By the Caribbean Journal staff The Divi Flamingo Beach Resort in Bonaire will undergo a multimillion-dollar renovation project beginning in September, the property announced. Renovations of the 129-room resort will include upgrades […]

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Trinidad and Tobago Economy "Embarking on Sustainable Growth Path"

Above: Port of Spain, Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago’s economy is “embarking on a sustainable growth path,” the International Monetary Fund said following its Article IV Consultation with the country earlier this week. The […]

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Caribbean Economies to Grow By 3.6 Percent in 2014: Report

Above: St Vincent and the Grenadines (Caribbean Journal photo) By the Caribbean Journal staff The Caribbean region is projected to see 3.6 percent growth in Gross Domestic Product this year, according to a mid-year update of the United Nations’ World […]

IMF: Dominican Republic Economy to Grow 4.5 Percent in 2014

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Dominican Republic’s economy is projected to grow by 4.5 percent in 2014, according to a projection from the International Monetary Fund, which recently concluded a visit to the […]

How Big Is the Caribbean Economy?

Above: Port of Spain, Trinidad (CJ Photo) By the Caribbean Journal staff How big is the Caribbean economy? Last month, we took a look at the population of the Caribbean, examining the region through several different geographic definitions. Now that […]

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Bermuda Economy Contracted By 2-2.5 Percent in 2013: Report

Above: Bermuda By the Caribbean Journal staff Bermuda’s GDP contracted by between 2 and 2.5 percent in 2013, according to estimates from the island’s Ministry of Finance included in the recently-released National Economic Report. That was lower than the economy’s […]

IMF: Bahamian Economy Recovering at "Painfully Slow Pace"

Above: the Bahamas By the Caribbean Journal staff The economy of the Bahamas is recovering from the effects of the global financial crisis, but at a “painfully slow pace,” according to the International Monetary Fund, which recently concluded its Article […]

Anguilla's Economy Rebounds in 2013

Above: Anguilla By the Caribbean Journal staff After a difficult 2012, the economy of Anguilla appears to be moving toward recovery. The island’s economy is projected to grow this year by about 0.93 percent, following a contraction of more than […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

Jamaica's Big Risk

By Dennis Chung CJ Contributor WHILE walking, or cycling, I often see people who ask me many questions relating to the economy, finances, or issues about my second book. In the last few weeks, though, I notice that the majority […]

S&P Downgrades Barbados Credit Rating; Economy "Back Into Recession"

Above: Bridgetown (CJ Photo) By the Caribbean Journal staff Standard & Poor’s has lowered its long-term rating on Barbados, the New York-based rating firm announced. The country’s long-term credit rating was lowered to “BB-” from “BB+” while Barbados’ outlook was […]