SAN JUAN — The economic growth outlook for Central America and the Caribbean is restrained by multiple interrelated factors, mostly due to dependence on the external economic environment. As global growth is poised to contract in 2020, regional growth stands to severely contract as well. In this research,the publisher analyzes the macroeconomic outlook for Puerto Rico, Panama, Jamaica, Trinidad and Tobago, Costa Rica, Dominican Republic, Guatemala, Guam, El […]
Tag: Caribbean Development Bank (CDB)
5 Of The Top 10 Fastest Growing Countries In 2021 Will Be In The Caribbean
GEORGETOWN — Five of the Top 10 fastest growing countries in 2021 will be in the Caribbean, according to The Economist’s analytical guide “The World in 2021.” Macau is set to be the world’s fastest growing country in 2021, it placed number one on the list. The autonomous island on the south coast of China, is […]
ECONOMISTS: Caribbean Nations Need To Harvest ‘Blue Economy’ of Marine Resources
[ad name=”HTML-68″] [wpedon id=”23995″ align=”left”] GRAND ANSE, Grenada — Caribbean countries should dive into the “blue economy” to exploit marine resources, giving their economies a much needed boost, while protecting coastal eco-systems, economists said. The island nations – which have 80 times more sea than land – been hampered by low growth and high debt, […]
Conference in Germany To Examine What Role Climate Change Played In This Season’s Hurricanes
BONN — A delegation from the Caribbean Development Bank (CDB) has arrived at the United Nations Climate Change Conference (COP23) in Germany. While at the event, which runs until November 17, the Bank will join other regional stakeholders in reiterating the urgent need for climate action and resilient recovery in the Caribbean. Against the backdrop […]
Curacao, Jamaica The Biggest Winners In The No-Storms Sweepstakes This Tourism Season … Cruises Diverted There
WILLEMSTAD — Hurricanes Irma and Maria have seen the Caribbean revise its projected tourism growth down to just one to two percent for 2017. The Caribbean Tourism Organization revealed latest figures at the World Tourism Market (WTM) that showed tourism to the region grew by 5.2 percent year-on-year in the six months to June 2017, […]