Search Result for: gross domestic product

62 results found.

Dominican Republic to Receive $250M Loan to Boost Productivity

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff The Dominican Republic will be receiving a $250 million loan from the Inter-American Development Bank to boost productivity and improve the country’s business climate. The loan will target the […]

Trinidad and Tobago Sees Boost in Agricultural Production

Above: Trinidad (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago is seeing growth in agricultural production, according to the country’s Ministry of Food Production. The twin-island nation’s agricultural sector expanded by 5.1 percent in 2013, with a corresponding […]

Foxwoods to Open Its First Caribbean Resort Casino

By Joe Pike, Special Contributor to CJI To access this content, subscribe now. Choose from two tailored subscription options: Caribbean Journal Invest for comprehensive investment news or Caribbean Journal Travel Advisor for targeted content for travel agents and advisors. Subscribe […]

Jamaica Has a “Five-Point” Plan For Tourism Recovery

Jamaica has revealed what officials are calling a “five-point plan” for the recovery of the island’s crucial tourism sector. The plan includes a “staggered reopening” of tourism entities, according to Tourism Minister Edmund Bartlett. “We do not see reopening as […]

Editor’s Note: Abaco, Grand Bahama and the Comeback to Come

By Alexander Britell On Sept. 8, 1932, the biggest storm ever recorded in Abaco pummeled the island, destroying hundreds of homes and killing 10 people, just enough to land it on page 22 of the Sept. 9 edition of the […]

Bermuda Lays Out Tourism Goals

By the Caribbean Journal staff Bermuda has completed its new National Tourism Plan, laying out its goals through the year 2025. The plan has set an acronym, AGILITY, to cover what Bermuda calls seven pillars: awareness and relevance; “greener”; infrastructure; […]

Bill Clinton Urges Caribbean on “Critical” Role of Travel and Tourism

By Alexander Britell PARADISE ISLAND — Travel and tourism is essential to the Caribbean, and after last year’s storms, revitalizing the industry is more important than ever. That was the message by former United States President Bill Clinton on Wednesday […]

The Dominican Republic Is the Caribbean’s Fastest-Growing Economy

The Dominican Republic is the Caribbean’s fastest-growing economy, according to the latest updated projections from the United Nations Economic Commission for Latin America and the Caribbean. The Dominican Republic’s Gross Domestic Product is projected to grow by 5.3 percent this […]

Guyana Showing Strong Tourism Growth

One of the Caribbean’s most remote tourism destinations is having a banner year. Guyana, which has carved out a niche as an eco-tourism destination, has seen an 11.6 percent increase in tourist arrivals in the first nine months of this […]

The Caribbean Response to Brexit

Caribbean Leaders Weigh-in on Brexit By Marcia Forbes, Ph.D. CJ Contributor Brexit is not Cricket Business people often have a different point of view from academics; however, at the UWI forum regarding Brexit and its implications for the Caribbean, everyone […]

The Caribbean’s Richest Countries

What are the richest countries in the Caribbean? While there are naturally a number of ways to measure wealth — and none is perfect — one measure is to look at a given country’s Gross Domestic Product per capita. It’s at least […]

Disaster Risk Reduction in the Caribbean

By George Nicholson and Nnyeka Prescod Op-Ed Contributors In the economic sphere an act, a habit, an institution or a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it […]

A New Caribbean Center for Green Energy

By the Caribbean Journal staff The Caribbean Centre for Renewable Energy and Energy Efficiency has officially opened its doors in Barbados. Barbados Prime Minister Freundel Stuart was on hand to inaugurate the facility, which is located at the Lloyd Erskine […]

What International Business Means to Barbados’ Economy

By the Caribbean Journal staff Barbados needs to appreciate the value of its international business sector, according to the country’s Prime Minister. And Prime Minister Freundel Stuart is warning against undervaluing the country’s international business sector, saying that it “continues […]

How Much the Caribbean Needs to Spend on Science and Technology

By the Caribbean Journal staff Caribbean governments must devote at least 1 percent of their Gross Domestic Product to science and technology, according to Dr Cardinal Warde of the CARICOM Science Foundation. Warde said that proportion was necessary for the […]

Op-Ed: Water and Caribbean Development

By Wayne Campbell Op-Ed Contributor “Providing sustainable access to improved drinking water sources is one of the most important things we can do to reduce disease” — World Health Organization Director General-Dr Margaret Chan The international community recently commemorated World […]

Jamaica Launches Cybersecurity Strategy

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has officially launched a new “cybersecurity strategy” for the island. The strategy was launched at a ceremony at the Jamaica Pegasus Hotel in New Kingston earlier this week. The strategy […]

The Caribbean Riptide

By Ryan Peterson CJ Contributor Finance and governance. Economy and energy. Tell me it ain’t about the money. Tourism and environmentalism. Productivity and community. Tell me it ain’t about technology. Education and innovation. Nation and next generation. Tell me it […]

Supporting Caribbean Entrepreneurs, Sustaining the Regional Economy

By Irene Arias Op-Ed Contributor Small and medium sized companies are the backbone of Latin America’s economy. They represent more than 90 percent of all enterprises in the region, generating over half of all jobs and a quarter of the […]

Op-Ed: Integrating the Caribbean and Central America

By Alberto Duran and Noemi Areli Sanchez Op-Ed Contributors The Central American Integration System (SICA) was formed in 1991 and is a regional organization which includes the States of Belize, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and […]

St Maarten PM: Caribbean Should Look at Tourism as “Tool of Development”

Above: St Maarten Prime Minister Sarah Wescot-Williams (CJ Photo) By Alexander Britell NEW YORK — Caribbean is the major economic driver in the Caribbean. So it would be natural that it should be viewed as the major mechanism for dealing with […]

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 […]

Ranking Caribbean Countries on Broadband Penetration

Above: Bridgetown, Barbados (CJ Photo) By the Caribbean Journal staff Barbados has the highest broadband penetration of any country in the Caribbean, according to a new study from the Inter-American Development Bank. The IDB’s DigiLAC index compared regional countries by […]

St Lucia Planning Redevelopment of International Airport

Above: St Lucia By the Caribbean Journal staff St Lucia is planning a redevelopment of its Hewanorra International Airport, according to St Lucia Prime Minister Dr Kenny Anthony. The government has already tapped the International Finance Corporation as the lead […]

Op-Ed: Toward a Green Jamaica

By Wayne Campbell Op-Ed Contributor THERE ARE more than seven billion people living on planet Earth. Our planet is at a critical juncture. As the global population increases, so, too do the environmental challenges associated with so many people living […]

Puerto Rico Economic Index Fell 3.8 Percent in Last Fiscal Year: Report

Above: San Juan (CJ Photo) By the Caribbean Journal staff Puerto Rico’s economy fell by 3.8 percent in the last fiscal year, according to data from the Government Development Bank of Puerto Rico. The Government Development Bank uses a metric […]

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 […]

Jamaica to Receive $80 Million IDB Loan for “Fiscal Sustainability”

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica will be receiving an $80 million loan from the Inter-American Development Bank aimed at improving the “effectiveness and efficiency” of the country’s tax system. The loan will target “fiscal sustainability,” […]

The Caribbean’s Most Exciting New Rooftop Bar Is In Antigua