By Ian Ho-A-Shu and Natalie Wegener Carmona While not on a scale to be classified as pandemics, Salmonella and Norovirus[1] outbreaks from 2000 to 2014 across various popular Caribbean tourist destinations have raised alarms in a region which provides 13% of employment to its population through tourism and travel related activities, creating 2.23M jobs and contributing to … [Read more...] about How we Ensure Travelers enjoy a Healthy Visit to the Caribbean
Coconut the New Sexy: Anglophone Caribbean awakens to exploit new market and tourism opportunities
“Sales of coconut water is slated to grow from US$1.36 billion market in 2014 to US$4 billion in 2019. Leading global brand manufacturers such as the Coca Cola Co., Pepsi Co. and Red Bull GmbH, as well as niche players such as Vita Coco have driven product and market development.” (Technavio, 2015). Coconuts have long been a tropical agricultural product exploited … [Read more...] about Coconut the New Sexy: Anglophone Caribbean awakens to exploit new market and tourism opportunities
De-Risking in the Caribbean: Which Solutions Lead to Improved Relations Between Banks?
While global correspondent banks’ motives for de-risking are unclear, what is clear is the current effect of terminations, restrictions, and sanctions on regional financial payments and settlements systems. The region comprises small, open economies that rely on international payments systems to facilitate trade flows, remittances, foreign direct investments, and credit card … [Read more...] about De-Risking in the Caribbean: Which Solutions Lead to Improved Relations Between Banks?
Are CARICOM and Canada Good Trading Partners?
CARIBCAN was established between Canada and CARICOM countries in 1986 to provide one-way duty-free access into the Canadian market for commodities that satisfy certain rules of origin requirements. However, after seven rounds of unsuccessful negotiations of a free trade agreement, the World Trade Organization extended the CARIBCAN waiver until 2023. A free trade agreement … [Read more...] about Are CARICOM and Canada Good Trading Partners?
Why we need Economic Diversification in Trinidad and Tobago
Economic diversification in Trinidad and Tobago is imperative, although diversification away from the energy sector has largely failed. A country with a perfectly diversified export portfolio will have an index close to 0 (most diversified), whereas a country that exports only one product or to one country will have a value of 1 (least diversified). In Trinidad and Tobago, … [Read more...] about Why we need Economic Diversification in Trinidad and Tobago