economy

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 …

LATEST NEWS

 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 …

 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 …

 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 …

 By Paul HayCJ 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 Caribbean,” …

 By Dennis ChungCJ 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 of …

 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 …

 By Dennis ChungCJ Contributor OVER the past few weeks, I have been approached by many persons who ask the questions: What is happening to the economy? Is Jamaica headed in the right direction? Is it time for me to migrate? …

 Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad’s local economy has grown in each of the last four quarters, and appears to be “on a path of recovery,” according to the country’s Central Bank. The Central …

 By Zhivargo LaingCJ Contributor Dr Shelton Nicholls, former deputy director of the Central Bank of Trinidad and Tobago, was right when he said Caribbean countries needed to ensure economic growth strategies address the current challenges as well as take us …

 Above: the TCI House of Assembly By the Caribbean Journal staff The economy of the Turks and Caicos Islands is projected to grow by 3.4 percent this year, according to estimates released by the government’s Department of Strategic Policy and …

 Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s economy is projected to grow by between 0.5 and 1.5 percent for the third quarter of 2013, according to data from the Planning Institute of Jamaica. The report comes after …

 Above: the PIOJ press briefing By the Caribbean Journal staff While Jamaica’s economy continued its decline in the second quarter of 2013, there were some bright spots: mining, quarrying and construction, according to the Planning Institute of Jamaica. While the …

 Above: Kingston By the Caribbean Journal staff Jamaica is off to a strong start under its new programme with the International Monetary Fund, but the country’s economy remains less than productive. The IMF concluded a staff mission to Jamaica last …

 Above: Port of Spain (CJ Photo) By the Caribbean Journal staff The economy of Trinidad and Tobago is “poised for a modest recovery” in 2013, according to the International Monetary Fund. The IMF’s Executive Board recently concluded its Article IV …

 By Dennis ChungCJ Contributor ON Wednesday I attended the presentation of a report by Professor Vanus James that examined the foreign exchange policy, and what is most appropriate. The study was initiated by Edward Seaga, and is a very good …