Suriname: Energy Market Overview Suriname is located along the northern coast of South America and is home to a population of 492,000. It achieved its independence in 1975 making it the youngest independent state in South America. About half the country’s population lives in the capital city of Paramaribo located along the coast in the north-eastern part of the country. The … [Read more...] about Suriname’s Energy Market
Economy & Investment
Guyana’s Energy Market
Guyana: Energy Market Overview Guyana is located along the northern coast of South America and is home to a population of 778,000. Its neighbors are Suriname to the east, Venezuela to the west, Brazil to the west and south and the Atlantic Ocean to the north. The vast majority of the country is populated extremely sparsely and 90 percent of the population reside in or in the … [Read more...] about Guyana’s Energy Market
Jamaica’s Energy Market
Jamaica: Energy Market Overview Jamaica is the third largest island in the Caribbean, after Cuba and Hispaniola and is home to a population of 2.83 million people. The country’s largest contributors to the national GDP are the bauxite industry, the tourism sector, agriculture and the manufacturing sector. The tourism sector is an important source for foreign exchange. Jamaica … [Read more...] about Jamaica’s Energy Market
The Caribbean has some of the world’s highest energy costs – now is the time to transform the region’s energy market
by Christopher Barton, Lumas Kendrick, and Malte Humpert The high and volatile price of electricity is the most important issue in the energy sector. Electricity prices in the Caribbean are among the highest in the world, and they fluctuate greatly with the global price of oil. The primary cause of the high cost of electricity is that most Caribbean countries use diesel and … [Read more...] about The Caribbean has some of the world’s highest energy costs – now is the time to transform the region’s energy market
Caribbean Growth Forum: A Step in the Right Direction
In June of this year, IDB's President Luis Alberto Moreno delivered a thought provoking keynote address to the Regional Caribbean Growth Forum (CGF) Workshop that suggested the forecast for continued weak economic growth in the US and Europe was bad news for the Caribbean's tourist industry, and that the Caribbean "cannot depend on an improvement in external … [Read more...] about Caribbean Growth Forum: A Step in the Right Direction