economy

News

Dominican Republic Economy Grew By 4.5 Percent in 2011: Report

Above: Independence Square, Puerto Plata (Photo: DR Tourism) By the Caribbean Journal staff The Dominican Republic’s economy grew by 4.5 percent in 2011, according to a report from President Leonel Fernandez. The President said 160,000 jobs were created last year, […]

News

Bermuda GDP Falls Again in 2011, But Tourism Industry a Bright Spot

Above: Bermuda (Photo: BT) By the Caribbean Journal staff Bermuda’s economy contracted by an estimated rate of between 1.5 and 2.5 percent in 2011, following a 1.9 percent decline in 2010, according to the National Economic Report of Bermuda 2011 […]

News

Barbados: "We Will Not Roll Over and Play Dead" in Economic Recession

Above: Finance Minister Chris Sinckler By the Caribbean Journal staff Barbados will not “roll over and play dead” during the current economic recession, according to Finance Minister Chris Sinckler. “That’s not the stance this government has, or will ever take, […]

News

New Jamaican PM to Focus on Economy

By the Caribbean Journal staff Following the People’s National Party’s landslide victory in Thursday’s election, incoming Prime Minister Portia Simpson Miller said it was now time to “urgently get on with the business of creating more economic and social opportunities […]


Interview with Jamaican Parliamentary Candidate Dr Dayton Campbell

By Alexander Britell Dr Dayton Campbell is the candidate for the North West St Ann seat in Jamaica’s Parliament for the People’s National Party. He is facing off against Othniel Lawrence of the Jamaica Labour Party in the election Dec. […]


Mining Leads Jamaican Growth in 3Q

Above: Dr Gladstone Hutchinson (JIS Photo) By the Caribbean Journal staff The mining and quarrying sector led all sectors in the Jamaican economy in the third quarter, with an increase of 7.5 percent, according to the Planning Institute of Jamaica. […]

Markets

IDB to Increase Caribbean Funding

Above: IDB headquarters in Washington, DC The Caribbean will see a nearly $5 billion jump in annual financing from the Inter-American Development Bank. Funding for the region has moved from $7 billion to $12 billion. According to Ancile Brewster, the […]


Interview with Belize Chamber of Commerce President Kay Menzies

Above: Cayo Espanto, Ambergris Caye, Belize By Alexander Britell One of three non-island members of CARICOM, Belize is among the gateways to South America for the Caribbean. While the country has suffered from the downturn like the rest of the […]


Jamaican Economy to Grow 1 to 2 Percent

The Jamaican economy could grow between 1 and 2 percent his year, according to the Bank of Jamaica. The growth will be driven by extensions in agriculture, mining and quarrying, along with hotels and restaurants. “The Jamaican economy has started […]

Markets

International Monetary Fund: Caribbean Real GDP to Grow 4.2 percent in 2011

The Caribbean region’s real GDP is projected to grow at 4.2 percent this year, following a 3.4 percent increase in 2010, according to the International Monetary Fund’s World Economic Outlook. The organization predicted a 7.2 percent in consumer prices for […]