Growth vs. inflation, a difficult balance for Latin America and the Caribbean
From The World Bank · Latin America and the Caribbean growing again after last year’s contraction · Regional rebound largely due to recoveries in Argentina and Brazil · Unlike in wealthier nations, lowering interest rates to stimulate the economy is…
Cayman Islands’ economic growth and fiscal performance sustained in the first quarter
From Cayman Islands Economics and Statistics Office Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.0% in the first quarter of 2017. Indicators show that the first quarter…
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In Irma recovery, Caribbean Islands on unequal footing
From The Economist The region must work more together to prepare for and respond to disasters BEFORE tearing up parts of Florida, Hurricane Irma ravaged whole Caribbean islands. In doing so, it exposed the strange territorial shreds that make up…
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Irma’s Invoice for the Caribbean
From Antigua Observer A disaster risk expert estimates US $12.75 billion as the final tab on the damage caused by Hurricane Irma in the Caribbean. James Daniel, a disaster risk analyst with the Center of Disaster Management and Risk Reduction…
UNWTO Global Conference to highlight sustainability, investment and linkages
The hosting of the inaugural United Nations World Tourism Organisation (UNWTO) Global Conference on Tourism Development and Sustainability, in Jamaica this November, takes place at a time when tourism around the globe is outperforming growth recorded in the financial and…
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Caribbean Tourism progress hinges on smarter partnerships
From South Florida Caribbean News CHTA points to progress, but government and private sector stakeholders must exercise greater prudence in managing communications and resolving challenges MIAMI – The Caribbean Hotel and Tourism Association (CHTA) applauds efforts being made by the…
Cayman Islands’ economy sustained growth in 2016
The Cayman Islands’ economic expansion remains robust with the estimated Gross Domestic Product (GDP) rising by 2.7 percent in 2016. This was the highlight of The Cayman Islands’ Annual Economic Report 2016 released by the Economics and Statistics Office. The…
Suriname’s debt surge: What’s driving it?
By Jeetendra Khadan From iadb The debt to GDP ratio in Suriname increased by 35.6 percentage points in 3 years, moving from 29% of its GDP in 2014 to 64.6% in 2016. It’s the largest increase in a debt ratio…
IMF concludes visit to Barbados
BRIDGETOWN, Barbados — At the invitation of the authorities, an International Monetary Fund (IMF) team led by Judith Gold visited Barbados from June 20–29 to review recent economic developments and discuss the 2017 budget. At the end of the visit,…
Barbadian economist says U.S. Virgin Islands on track to fiscal stability
From Caribbean360 BRIDGETOWN, Barbados, Sunday June 25, 2017 – Respected Caribbean economist Jeremy Stephen praised the U.S. Virgin Islands Government’s recent efforts to correct the fiscal imbalances that have challenged its treasury for successive administrations. Stephen, who has been reviewing…
