Trinidad and Tobago: Energy Market Overview Trinidad and Tobago are the southernmost of the Caribbean islands and are located just seven miles off Venezuela’s north-eastern coast. It is home to a population of 1.32 million people. Trinidad and Tobago’s economy is highly dependent on the energy sector which accounts for 45.3 percent of national GDP (2011), provides 57.5 percent … [Read more...] about Trinidad and Tobago’s Energy Market
Economy & Investment
Growing the Tourism Industry in the Bahamas’ Family Islands: A Backpacker’s Market?
Family Islands of The Bahamas like Andros, Bimini, Grand Bahama, Eleuthera, Exuma, Cat Island, Inagua, and Mayaguana tend to have fluctuating economic stability despite their natural beauty and unique attractions. The popular belief among Bahamians is that the necessary foreign investment to build mega-resorts like Atlantis always goes to Nassau, so these economies … [Read more...] about Growing the Tourism Industry in the Bahamas’ Family Islands: A Backpacker’s Market?
Dominican Republic’s Energy Market
Dominican Republic – Energy Matrix & Regulatory Framework With a gross domestic product (measured at PPP) of USD 90 billion and a population of 10.3 million people, the Dominican Republic is the largest economy in the Caribbean and has the largest population after Cuba. Its energy matrix is dominated by the import of fossil fuels as primary sources (crude oil, natural gas … [Read more...] about Dominican Republic’s Energy Market
“Let It Be”—An Economic Strategy of Benign Neglect?
Many Caribbean economies have not only been steadily declining relative to other small economies but currently face unstable macroeconomic imbalances. Hence face the need for stabilisation cum reform policy. Just like Estragon muttering “nothing to be done” in Beckett’s play one policy option, probably less painful upfront, is to wait it out. That is to wait for a world … [Read more...] about “Let It Be”—An Economic Strategy of Benign Neglect?
Barbados’ Energy Market
Barbados: Energy Market Overview Barbados is an island state in the Lesser Antilles located about 180 km east of St. Vincent and the Grenadines. Barbados has a population of 284,000 people living on just 431 square kilometers, making it one of the most densely population islands in the world. Around 25 percent of Barbados’ population live in the capital Bridgetown. … [Read more...] about Barbados’ Energy Market