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Blog Caribbean 5.0

Blog Caribbean 5.0

Caribbean SIDS and debt

Posted on February 18, 2013 at 5:00 PM Comments comments (4)

"Most of the economies (Antigua and Barbuda, Barbados, Belize, Dominica, Grenada,

Guyana, Jamaica, The Netherlands Antilles, St. Kitts and Nevis, Saint Lucia and St. Vincent and

the Grenadines) record some of highest debt to GDP ratios among emerging market economies.

More specifically, Antigua and Barbuda, Belize, Dominica, Grenada, Guyana, Jamaica, the

Netherlands Antilles and St. Kitts and Nevis rank among the 10 most indebted market emerging


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On growth

Posted on February 15, 2013 at 7:25 AM Comments comments (258)

Herman Daly on growth

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Albert Bartlett on the dangers of over popu...

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Caribbean SIDS and crime

Posted on February 15, 2013 at 7:15 AM Comments comments (5)

The Caribbean is the area between North and South America. The islands have an ideal geographical location and climate, which, together with their close historical connections with Europe offer an ideal financial and logistical focal point for doing business; the perfect hub for connecting North and South, and East and West.


The UN report states that in the Caribbean drug cartels are spreading violence. It is estimated that 10% of the cocaine from Colombia to the Unites St...

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Caribbean SIDS and the resource curse

Posted on February 14, 2013 at 12:35 PM Comments comments (0)

Some of the SIDS in the Caribbean suffer from the resource curse.


The resource curse (Paradox of Plenty) refers to the paradox that countries and regions with an abundance of natural resources, specifically point-source non-renewable resources like minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, including a decline in the competitivene...

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Caribbean SIDS and unemployment

Posted on February 12, 2013 at 7:20 AM Comments comments (0)

Unemployment in the Caribbean is high.

Anguilla 7.8%

Antigua and Barbuda 11%

Aruba 5.7%

Bahamas 15.9%

Barbados 9.4%

Belize 32.2%

British Virgin Island 3.1%

Cuba 1.6%

Dominica 23%

Dominican Republic 14.4%

Grenada 24.5%

Guyana 9%

Haiti 40%

Jamaica 12.6%

Montserrat 6%

Netherlands Antilles 10

Puerto Rico 13.5%

Saint Kitts and Nevis 5.%

Saint Lucia 15.7%

Saint Vin...

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Caribbean SIDS and Economic Growth 2011

Posted on February 12, 2013 at 6:40 AM Comments comments (8)

When we compare the caribbean SIDS in terms of economic growth we notice that Aruba is doing very well. And that the poorer countries like Domincan Republic, Haiti and Guyana are doing well do. So is Suriname.



Antigua and Barbuda

Aruba 9.6%

Bahamas 1.6%

Barbados 0.4%

Belize 2.0%

British Virgin Island

Cuba 2.7%


Dominican Republic 3.9%


Guyana 5.4%

Haiti 5.6


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Caribbean SIDS - Land area (km2) - Population -GDP (PPP) Millions USD - GDP Per Capita USD

Posted on February 12, 2013 at 4:50 AM Comments comments (4)

Let us compare the Caribbean SIDS looking at land area, population, GDP and GDP Per Capita

SIDS - Land area (km2) - Population - GDP (PPP) Millions USD - GDP Per Capita USD

Antigua & Barbuda 442.6 85,632 1,646 18,585

Bahamas 10,010 342,000 9,228 27,394


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Caribbean SIDS and literacy

Posted on February 10, 2013 at 8:35 PM Comments comments (7)

In general literacy is high in the Caribbean SIDS.

Anguilla 95%

Antigua and Barbuda 85.8%

Aruba 97.3%

Bahamas 95.6%

Barbados 99.7%

Belize 76.9%

British Virgin Island 97.8%

Cuba 99.8%

Dominica 94%

Dominican Republic 87%

Grenada 96%

Guyana 91.8%

Haiti 52.9%

Jamaica 87.9%

Montserrat 97%

Netherlands Antilles 99%


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Caribbean SIDS HDI

Posted on February 8, 2013 at 7:20 AM Comments comments (0)
If we look at the ranking of the Caribbean SIDS on the Human Development Index, what do we see?


Antigua and Barbuda 60


Bahamas 53

Barbados 47


British Virgin Island

Cuba 51

Dominica 82

Dominican Republic 98

Grenada 93

Guyana 117

Haiti 158

Jamaica 80


Netherlands Antilles

Puerto Rico

Saint Kitts and Nevis 72

Saint ...

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Curacao = SIDS

Posted on February 7, 2013 at 5:45 AM Comments comments (2)

Small Island Developing State (SIDS) share similar characteristics. They are vulnerable because of their small scale and the effects of climate change. Their objective is sustainable development. They are looking for solutions. They can learn and support each other. 23 of the 52 are Caribbean SIDS.

  1. Anguilla
  2. Antigua and Barbuda
  3. Aruba
  4. Bahamas
  5. Barbados
  6. Belize
  7. British Virgin Island
  8. Cuba
  9. Dominica
  10. Domi...
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