Search Result for: inflows

25 results found.

Jamaica Seeing Record Tourism Revenue

By the Caribbean Journal staff Jamaica is seeing a surge in tourism revenue, according to a new report from the country’s Ministry of Tourism. The island is expected to generate a record $3.3 billion USD in tourism earnings for 2018, […]

Why to Buy Jamaican

By Dennis Chung CJ Contributor As Jamaica pursues our eternal search for economic development, one focus has been on the need for us to purchase local goods and services in preference to imports. The reasoning behind this seems logical, as it […]

Op-Ed: Caribbean Climate Change: What’s Next?

By George Nicholson and Nnyeka Prescod Op-Ed Contributors There is rising anxiety amongst island nations as the effects of the continuous warming of the earth become more evident on our physical environment. The negative impacts arising from changes in weather […]

Jamaica’s Surplus Question

What’s the right target? By Dennis Chung CJ Contributor THE primary surplus on the fiscal accounts can be defined as what is left to service debt after the government considers its revenues and expenditure on running the country. So wages, […]

Ranking Caribbean Countries on Foreign Investment Per Capita

Above: St Kitts (CJ Photo) By the Caribbean Journal staff What’s the Caribbean’s foreign investment capital? To put it another way, which Caribbean country brings in the most foreign investment? We took a look at the most recent Foreign Direct […]

12 Challenges Facing Caribbean Small Island Developing States

By Runy Calmera and Miguel Goede Op-Ed Contributors On a daily basis we read many good articles about issues in the Caribbean. In this first article, we make an inventory of the trends we think we Caribbean people have to […]

Haiti Prime Minister Laurent Lamothe Resigns From Office

Above: Laurent Lamothe By Alexander Britell Haiti Prime Minister Laurent Lamothe resigned from office on Saturday night, announcing the move in a televised address. The announcement came after Lamothe was effectively forced out of office following the recommendation of a […]

Op-Ed: Can Jamaica Realize Its Potential?

By S Brian Samuel Op-Ed Contributor ECONOMISTS CANNOT read the future, no matter what they say; but they can read the past. And one thing we know from the past is that markets continually go through economic cycles. Booms and […]

IMF: “Substantial Strides Have Been Made” in St Kitts and Nevis

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 […]

Analysis: Ranking the Caribbean on Foreign Investment

By the Caribbean Journal staff How much foreign direct investment did Caribbean countries receive last year? To find out, Caribbean Journal looked at data from the recently-released Foreign Direct Investment in Latin America and the Caribbean report from the United […]

IMF Projects “Continued Recovery in Tourism” in St Kitts and Nevis

Above: St Kitts (CJ Photo) St Kitts and Nevis is making “considerable progress” in its economic reform programme, according to the International Monetary Fund, which recently concluded a visit to the twin-island federation. The IMF mission, which began Jan. 20 […]

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 […]

IMF: Barbados Faces “Considerable Economic Challenges”

Above: Barbados (CJ Photo) By the Caribbean Journal staff Barbados continues to face “considerable economic challenges,” according to the International Monetary Fund. The fund recently concluded 10 days of discussions with Barbados for the 2013 Article IV consultation, led by […]

Barbados Looking to Attract Athletes Training for 2016 Olympics

Above: Barbados (CJ Photo) By the Caribbean Journal staff Barbados is an ideal training ground for athletes preparing for the 2016 Olympics in Rio, according to Sports Minister Stephen Lashley. The Minister, who was addressing the Pan American Sports Organization’s […]

Op-Ed: A Diaspora Policy for St Lucia

By Bertram Leon Op-Ed Contributor OVER THE PAST DECADE, we have been witnessing a growing number of countries becoming interested in revisiting, refreshing and rebuilding relations with their overseas populations. A contemporary subject of public policy, referred to as […]

IMF: Belize Experiencing Output Rebound, Tourism Recovery

Above: Belize (Photo: Belize Tourism) By the Caribbean Journal staff Belize is experiencing an output rebound, despite a decline in oil production, according to the International Monetary Fund, which just concluded its yearly review of the country’s economy. According to […]

Op-Ed: Harnessing the Power of Small Business in Jamaica

By Richard Kildare Op-Ed Contributor It is a fact that micro, small and medium-sized enterprises are critical to the development of every nation’s growth. It is not a position that can be seriously disputed; MSME’s are a virtual powerhouse and […]

Moody’s Upgrades Suriname Bond Rating, Raises Outlook to “Positive”

Above: Paramaribo (Photo: IDB) By the Caribbean Journal staff Ratings firm Moody’s has upgraded the foreign currency rating of the government of Suriname to Ba3 and raised the country’s economic outlook from stable to “positive.” The change came from several […]

Op-Ed: The Value of Jamaica’s Dollar

By Ramesh Sujanani Op-Ed Contributor It is now being touted that, with Jamaica’s expenditure exceeding its income, constant depreciation of the Jamaican Dollar is imminent. It has been said that this is no different to what has occurred in the […]

Op-Ed: Austerity and Growth in Jamaica

By Ramesh Sujanani Op-Ed Contributor Professor Michael Witter, writing in the Jamaica Gleaner, recently outlined a conflict of interest in the management of recession by governments’ policies in the United States and Europe. It seems that there are two approaches […]

Latin America and Caribbean “Resilient” to European Debt, Chinese Deceleration

Above: Nassau (CJ Photo) By the Caribbean Journal staff The economies of Latin America and the Caribbean remain “resilient” to a possible slowdown in world economic growth stemming from a potential deepening of the European debt crisis deceleration in China, […]

Interview with Dr Peter Phillips

By Alexander Britell Dr Peter Phillips is the former Minister of National Security, Minister of Transport and Works and Minister of Health in Jamaica, having also served in two other ministerial posts. He is now the campaign director for the […]

Op-Ed: Haiti’s Development Paradigm

Above: Haiti’s Citadelle Laferrière (UN Photo/Victoria Hazou) By Eric Martin Op-Ed Contributor I read with interest several recent articles in the Caribbean Journal that provide a mix of commentaries on development in Haiti. I apologize in advance should I misrepresent […]

Guyana to Host Caribbean Security Forum

Above: US Secretary of State Hillary Clinton and CARICOM Ministers at the launch of the Caribbean Security Initiative (Photo: US Department of State) Guyana will be hosting the Second Meeting of the Caribbean Basin Security Initiative Commission Thursday and Friday […]

EU Urges Jamaican Tax Reform

Above: From left, Industry Minister Dr Christopher Tufton and EU Delegation Head Amb. Marco Alemanni Private and public sector stakeholders in Jamaica should commit to measures to effect tax reforms and contain wage increases if it is to achieve macroeconomics […]

Marriott Just Opened Its New All-Inclusive Concept in Cancun