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Blog Caribbean 5.0

Blog Caribbean 5.0

Barbados

Posted on April 9, 2013 at 2:05 PM Comments comments (170)


“Barbados has been anindependent country since 30 November 1966. It functions as a constitutionalmonarchy and parliamentarydemocracy, modelledon the British Westminstersystem, with Elizabeth II, Queen of Barbados, as head of state, represented locally by the Governor-General, Elliott Belgrave, and the Prime Ministeras headof the government.The number of representatives within the House of Assembly has gradually increased from 24 at independence to its present total of30 seat...

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Aruba

Posted on April 8, 2013 at 7:50 AM Comments comments (225)



 

"Aruba has one of the highest standards of living in the Caribbean region. There is a low unemployment rate.

The GDP per capita for Aruba was estimated to be $21,800 in 2004; among the highest in the Caribbean and the Americas.[7] Its main trading partners are Venezuela, the United States and the Netherlands.

A graphical breakdown of Aruba's economy by exportsThe island's economy has been dominated by five main industries: tourism, gold mining,...

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Bahamas

Posted on April 7, 2013 at 2:25 PM Comments comments (439)

One of the most prosperous countries in the West Indies, The Bahamas relies on tourism to generate most of its economic activity. Tourism as an industry not only accounts for over 60 percent of the Bahamian GDP, but provides jobs for more than half the country's workforce.[33] After tourism, the next most important economic sector is financial services, accounting for some 15 percent of GDP.

 

 

Cruise ships in Nassau Harbour

The government has adopted incent...

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Antigua

Posted on April 7, 2013 at 1:50 PM Comments comments (1)

"The politics of Antigua and Barbuda take place within a framework of a federal, parliamentary, representative democratic monarchy, in which the Head of State is the Monarch who appoints the Governor General as vice-regal representative. Elizabeth II is the present Queen of Antigua and Barbuda, having served in that position since the islands' independence from the United Kingdom in 1981."

Tourism dominates the economy, accounting for more ...

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Anguilla

Posted on April 7, 2013 at 1:20 PM Comments comments (0)

"Anguilla is an internally self-governing overseas territory of the United Kingdom. Its politics take place in a framework of a parliamentary representative democratic dependency, whereby the Chief Minister is the head of government, and of a pluriform multi-party system.

The United Nations Committee on Decolonization includes Anguilla on the United Nations list of Non-Self-Governing Territories. The territory's constitution is Anguilla Constitutional Order 1 ...

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Financial Services in the Caribbean

Posted on April 6, 2013 at 2:15 PM Comments comments (0)

 

 

Many Caribbean SIDS are heavily dependent upon tourism or are trying to diversify their agriculture based economy. Financial services sector is an attractive option. This sector has been growing and provides economic growth and creates jobs. Now this industry is stigmatized, associated with money laundry.(http://www.imf.org/external/pubs/ft/wp/2002/wp0288.pdf, Accessed on 6 April 2013)

 

 

On 3 April 2013 the international press report tha...

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The Caribbean coral reefs

Posted on April 4, 2013 at 7:20 AM Comments comments (493)


One of the great assets of the Caribbean is the coral reefs. This have been taken for granted for a long time. They have been deteriorating, not as an effect of the warming of the sea. The main causes are human behavior. The neglect by law and policy makers, the over development of the beaches, and the removing of the mangle threes. The sediment sand on the reefs and the invasion by species like the

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Suriname 2.0

Posted on April 3, 2013 at 1:20 PM Comments comments (2)



"The economy is dominated by the mining industry, with exports of alumina, gold, and oil accounting for about 85% of exports and 25% of government revenues, making the economy highly vulnerable to mineral price volatility. Economic growth, which reached about 7% in 2008, owing to sizeable foreign investment in mining and oil, slowed to 2.2% in 2009 as investment waned and the country earned less from its commodity exports when global prices for most commodities fell. T...

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Trinidad & Tobago 2.0

Posted on March 30, 2013 at 8:30 AM Comments comments (0)

"Trinidad and Tobago has earned a reputation as an excellent investment site for international businesses and has one of the highest growth rates and per capita incomes in Latin America. Economic growth between 2000 and 2007 averaged slightly over 8%, significantly above the regional average of about 3.7% for that same period; however, GDP has slowed down since then and contracted during 2009-2011 due to depressed natural gas prices and changing markets. Growth had been fueled by investments ...

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Barbados 3.0

Posted on March 28, 2013 at 7:00 AM Comments comments (257)

What does the following quote tells us?:


"Barbados is the wealthiest and most developed country in the Eastern Caribbean and enjoys one of the highest per capita incomes in Latin America. Historically, the Barbadian economy was dependent on sugarcane cultivation and related activities. However, in recent years the economy has diversified into light industry and tourism with about four-fifths of GDP and of exports being attributed to services. Offshore finance and inform...

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