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
caribbean
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?
Haiti’s Energy Market
Haiti: Energy Market Overview Haiti is located in the central Caribbean and occupies the western part of the island of Hispaniola together with its direct neighbor the Dominican Republic. It has a population of 9.7 million people and 60 percent of the population live in rural areas. Nonetheless there is substantial pressure on urban areas as the population there has more than … [Read more...] about Haiti’s Energy Market
Barbados-based Caribbean Centre of Excellence for Youth Entrepreneurship Wins IDB Award
On November 19, the IDB announced one of two Juscelino Kubitschek Awards to the Caribbean Centre of Excellence for Youth Entrepreneurship (CEYE) in the amount of US $100,000.00. There were more than 496 proposals submitted from 28 countries. The award recognizes outstanding contributions in i) economics and finance, and 2) social, cultural, and scientific achievement and is … [Read more...] about Barbados-based Caribbean Centre of Excellence for Youth Entrepreneurship Wins IDB Award
“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?