Despite having relatively open economies and a dedicated strategic focus on export expansion, Caribbean economies still account for a small proportion of global trade (goods and services). This paper therefore posits that the subregion adopt a new dais of regional integration, which favours deepe...
Mc Lean, Sheldon
,
Pantin, Machel
,
Skerrette, Nyasha
,
Regional integration in the Caribbean: The role of trade agreements and structural transformation
This study analyses the efforts that The Bahamas, Belize and Saint Kitts and Nevis are making to upgrade and diversify their tourism sectors to increase its contribution to inclusive growth. Generally, the study finds that the countries have been making efforts to upgrade and diversify the sector...
Hendrickson, Michael
,
Skerrette, Nyasha
,
Industrial upgrading and diversification to address competitiveness challenges in the Caribbean: The case of tourism
In light of the high debt burden impacting Caribbean economies ECLAC has been pursuing an initiative designed to reduce the debt burden and advance sustainable development. The strategy has evolved over time and there is now agreement on an approach designed to bring financial resources to the Ca...
The report provides an overview of the economic performance for 2017 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight Member States of the Eastern Caribbean Currency Union (ECCU), and the outlook for 2018. Data were collected from a review of reports...
McLean, Sheldon
,
Alleyne, Dillon
,
Hendrickson, Michael
,
Pantin, Machel
,
Skerrette, Nyasha
,
Preliminary overview of the economies of the Caribbean 2017–2018
The current survey provides an overview of the economic performance for 2013 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight member states of the Eastern Caribbean Currency Union (ECCU) and the outlook for 2014 and 2015. Data were collected from a r...
Alleyne, Dillon
,
Hendrickson, Michael
,
Mc Lean, Sheldon
,
Milligan, Michael
,
Yoshida, Kohei
,
Pantin, Machel
,
Skerrette, Nyasha
,
Economic survey of the Caribbean 2014: Reduced downside risks and better prospects for a recovery
This survey posits that improving global prospects especially in the United States and Europe will mean opportunities for positive growth in the Caribbean due to increasing exports and renewed inflows from foregin direct investment and remittances. It points out that the response of the Caribbean...
The survey provides an overview of the economic performance for 2014 of the Bahamas, Barbados, Belize, Guyana, Jamaica, Suriname, Trinidad and Tobago plus the eight member states of the Eastern Caribbean Currency Union (ECCU) and the outlook for 2015. Data were collected from a review of reports ...
Alleyne, Dillon
,
Hendrickson, Michael
,
Mc Lean, Sheldon
,
Milligan, Michael
,
Pantin, Machel
,
Skerrette, Nyasha
,
Economic Survey of the Caribbean 2015: Balancing economic recovery and high debt in the Caribbean
Although the growth performance has been mixed in the Caribbean year, on averaged the economies posted an economic growth of 0.7 per cent in 2016. The goods producers achieved -3.1 per cent growth, due to weak commodity prices. While the service producers achieved 2.1 growth. Despite the anemic g...
This study examines the impact of de-risking on the study countries—bank and non-bank sectors. The study approach is based on survey instruments, consultations and analysis of secondary data. The impacts that have been observed, to date, have generally been discounted in most analysis as “anecdot...
McLean, Sheldon
,
Metzgen, Ydahlia
,
Singh, Ranjit
,
Skerrette, Nyasha
,
Economic impact of de-risking on the Caribbean: Case studies of Antigua and Barbuda, Belize and Saint Kitts and Nevis
The Economic Survey of the Caribbean 2018 analyses the performance of the Caribbean subregion to the global economy. It provides a comparative analysis of global economic growth, commodity price performance, Caribbean growth performance, and unemployment. This is then followed by a subsection on ...