Search Result for: world economic outlook

30 results found.

Op-Ed: World Bank VP Hasan Tuluy on a Balanced Path to Caribbean Prosperity

By Hasan Tuluy Op-Ed Contributor The recent High Level Caribbean Forum in Nassau was the latest in a series of discussions to develop a road map for the region’s long-term economic growth while addressing persistent debt and fiscal issues. A […]

Haiti: World Bank Approves $90 Million in Health, Business Grants

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff The World Bank’s executive board has approved a pair of grants for Haiti totaling $90 million. The first is a $70 million grant from the International Development Association that will cover […]

Christine Lagarde: Global Economic Crisis “Does Not Recognize Borders”

Above: IMF Managing Director Christine Lagarde By the Caribbean Journal staff The international community needs a cooperative policy response to economic challenges more than ever before, according to International Monetary Fund Managing Director Christine Lagarde. The IMF chief, who was […]

IMF: Risks to Jamaica’s Economic Outlook “Tilted to the Downside”

Above: Montego Bay By the Caribbean Journal staff The outlook for Jamaica’s economy is one of low growth, along with weaker debt and fiscal positions, in the absence of strong fiscal and structural reforms, according to a report from the […]

Regional Outlook: Preparing for the Worst, Hoping for the Best

By Hasan Tuluy Op-Ed Contributor Latin America and the Caribbean began 2011 on an economic high. After swiftly bouncing back from the 2008/2009 global crisis, the region grew at a record level in 2010 with some countries reaching East Asian […]

Cristina Savescu, World Bank Economist, on Caribbean Growth

By Alexander Britell Earlier this week, the World Bank released a report on growth prospects for Latin America and the Caribbean. That macro region had three distinct areas – Latin America itself, which is in the midst of an economic […]

Haiti, Dominican Republic to Lead Caribbean Growth in 2014, 2015

Above: the Dominican Republic (CJ Photo) By the Caribbean Journal staff What’s the Caribbean island with the strongest economic growth? It’s Hispaniola, home to Haiti and the Dominican Republic, which are projected to lead the Caribbean in economic growth over […]

Central Bank: Trinidad Economy Grew Just 0.2 Percent in 2012

Above: Port of Spain (CJ Photo) By the Caribbean Journal staff Trinidad and Tobago saw GDP growth of just 0.2 percent in 2012, lower than its expected rate of 1 percent, according to Central Bank Governor Jwala Rambarran. The shortfall […]

Simpson Miller: Jamaica to Restart “Inner City Renewal” Initiative

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica’s government will be restarting a programme from the former Jamaica Labour Party administration aimed at upgrading downtown Kingston. The project will restart in the 2014/2015 fiscal year, featuring a housing […]

IMF: Haiti GDP Projected to Grow By 6.5 Percent in 2013

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti’s economy is projected to grow by 6.5 percent in 2013, according to the International Monetary Fund’s latest World Economic Outlook. That number is in line with a projection made by […]

IMF: Haiti, Suriname, Dominican Republic Boast Top Regional Growth

By the Caribbean Journal staff Haiti, Suriname and the Dominican Republic will post the Caribbean’s highest GDP growth rates i 2012, according to quarterly projections released Monday in the International Monetary Fund’s World Economic Outlook. Haiti is projected to grow […]

Haiti’s Economy “Continues to Grow,” But Must Accelerate Reconstruction: IMF

Above: Jacmel during Carnival By the Caribbean Journal staff Haiti’s economy is moving in a positive direction, though at a level below that projected by the International Monetary Fund’s Extended Credit Facility arrangement, the IMF said following the conclusion of […]

Haiti’s Economy to Grow 7.8 Percent, Lead Caribbean in 2012: IMF Report

Above: Jacmel (Photo: Capponi Group) By the Caribbean Journal staff Haiti’s Gross Domestic Product is projected to grow by 7.8 percent in 2012, according to the recently-released World Economic Outlook from the International Monetary Fund. Haiti’s projected growth comes after […]

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for […]

Delta Just Launched Two New Nonstop Routes to Puerto Rico

Delta Air Lines has kicked off a pair of new routes to San Juan, Puerto Rico, Caribbean Journal has confirmed. The carrier has started new nonstop service from both Boston Logan Airport and Detroit’s Wayne County Airport to San Juan’s […]

Building the New British Virgin Islands

By Alexander Britell It’s been a “wild ride” for the British Virgin Islands in the last half decade, first with a storm and then a pandemic. But one company has been at the forefront of the British Overseas Territory’s reconstruction […]

How US Virgin Islands Tourism Survived the Pandemic

The pandemic has had a devastating effect on the tourism industry at large, and on the cruise business in particular. As a region largely dependent on the cruise business, the Caribbean took an incredible economic hit. The U.S. Virgin Islands […]

What Does the Future Hold for Sandals Resorts International?

By Joe Pike, Special Contributor 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 today to […]

OBMI CEO Douglas Kulig on Design, Sustainability and Antigua’s Development Boom

By Alexander Britell 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 today to unlock this […]

What Are the Incentives for Hotel Investment in the US Virgin Islands?

Leading U.S. Law Firm POTENTE Is Expanding to the Caribbean

Leading law firm Potente is moving to the Caribbean, as the region’s hospitality and investment market continue to stay active even amid the pandemic. The California-headquartered firm, which has offices in San Diego, Beverly Hills, Palm Springs, Mexico City and […]

What’s Next for Tourism in Bermuda?

By Alexander Britell After several years of strong growth, buoyed by the landmark hosting of the America’s Cup in Bermuda, the Atlantic island encountered challenges at the beginning of 2020, due in large part to decreased air capacity. And then […]

Mark Gaus on What’s Next for Real Estate in the Cayman Islands

By Alexander Britell, Editor-in-Chief, CJI It’s hard to imagine that there was a hotter real estate market in the Caribbean in recent years, with surging development from beachfront condos to residential resorts. So what’s next for Cayman in the midst […]

Why AMResorts Is Surging in the Caribbean

There’s a company dominating the landscape of hotel development and management growth in the Caribbean, and it isn’t a really close competition. Apple Leisure Group’s AMResorts subsidiary has been on a stunning expansion push in the last several years, and […]

Caribbean Hoteliers Optimistic for 2017

Caribbean hoteliers are predicting a positive tourism performance for 2017. Indeed, more than four out of five hoteliers in the Caribbean have an “encouraging” outlook for tourism this year, according to the results of the second annual CHTA Industry Performance and […]

The Caribbean’s Fastest-Growing Hotel Company

By Guy Britton No Caribbean hotel company is growing faster right now than this one: AMResorts. The Apple Leisure Group subsidiary signed 17 new resort management contracts in 2015, easily the most of any company in the region. And now […]

Zoëtry Agua Punta Cana in the Dominican Republic

What’s Next for AMResorts in the Caribbean?

By Alexander Britell If you’ve been following the Caribbean hotel pipeline, you’ve probably seen one company’s name pop up quite a bit this year: AMResorts. Indeed, the company has been steadily expanding its reach in the Caribbean hotel sector, with […]

Op-Ed: How to Fix LIAT

By Robert MacLellan Op-Ed Contributor SOME MIGHT believe that, for the second time in only three years, Captain Ian Brunton has been made a scapegoat by the board of directors of a Caribbean airline company – fired as CEO of […]

Montego Bay Is Getting a New Riu All-Inclusive Next Month