ECLAC: Caribbean Economies to Grow 1.9 Percent This Year

By: Caribbean Journal Staff - July 14, 2011

Above: Osvaldo Kacef, director of ECLAC’s Economic Development Division (Photo: ECLAC)

By the Caribbean Journal staff

Caribbean economies will grow at a rate of 1.9 percent, according to a report by the United Nations’ Economic Commission for Latin America and the Caribbean. Other than Haiti and the Dominican Republic, which continue to lead the region in growth, Suriname’s GDP is expected to see the largest rise with a 5 percent improvement in 2011, followed by Guyana. The report predicts a 2.6 growth rate for the Caribbean (outside of Haiti and the Dominican Republic) in 2012. See the chart below for the full GDP projections from the ECLAC.

American Airlines Is Launching Flights to an Uncrowded Caribbean Island With White-Sand Beaches, Bonefishing and a New Luxury Resort

There are white sand beaches. There is abundant bonefishing. But the biggest thing about the island of South Caicos in Turks and Caicos is that indescribable feeling of romance, of adventure. The way you feel when you really travel far […]

Delta Air Lines Is Adding a New Daily Nonstop Flight to Cancun

More and more major carriers have been adding Caribbean flights out of Austin’s Austin-Bergstrom International Airport, Montego Bay to Cozumel to Panama. Now, there’s another one: Delta Air Lines, which is planning to launch a new daily nonstop flight between […]

The Caribbean’s Coolest New Beach Bar Is On a Private Island in Curacao

The Balinese design. The tableside steak tartare. The remarkable service. Curacao’s Baoase Luxury Resort is an outlier even in the world of Caribbean luxury — they do things a bit differently here, and it shows. There’s a reason it’s always been […]

Caribbean Real Estate: This Island's Top Listing Just Hit the Market for Nearly $40M

An eight-bedroom, 13-bathroom villa in a protected park has hit the market for $39,999,000, Caribbean Journal Invest has learned. It’s one of the most expensive villas currently on the market in the region. So where is it? St John, where […]

W’s First-Ever All-Inclusive Hotel Is Opening in the Dominican Republic Next Month

A speakeasy. A rum club. A tap room. A noodle bar. These aren’t the first things you think of when you dream up even the most creative all-inclusive resort. For the newest all-inclusive brand in the Caribbean, that is precisely […]

Curacao Is Breaking Tourism Records. Now the Island Is Working to Ensure Its Growth Is Sustainable.

It’s been almost three years since Sandals first opened its resort in Curacao, the property debut that almost single-handedly changed the game for tourism on the Dutch Caribbean island. And Curacao has been hotter than ever, with more than 700,000 […]