Banking at the Crossroads. Annual Conference The Caribbean Association of Banks Everson W. Hull Basseterre St.Kitts November 12, 2015

Size: px
Start display at page:

Download "Banking at the Crossroads. Annual Conference The Caribbean Association of Banks Everson W. Hull Basseterre St.Kitts November 12, 2015"

Transcription

1 Banking at the Crossroads Annual Conference The Caribbean Association of Banks Everson W. Hull Basseterre St.Kitts November 12,

2 Outline The Fragile Pillars of Economic Growth Subdued rates of growth in consumer spending Anemic/non-existent growth in business capital investment Encouraging signs of restraint on government spending Imports imposing a heavy deadweight burden Implications for Banking Monetary Policy Meeting the Needs of Trade and commercial Activity The Banking Threats U.S. State-level Tax Haven Legislation FATCA Appraisal of The New Southern Frontier Mexico, Central and South America 2

3 $60 CARICOM COUNTRIES -- THE FRAGILE PILLARS (Billions of U.S.. Dollars) Consumer Expenditures Capital Investment Exports Imports GDP 58.1 $ $40 $ $ $ $0 -$ A $32 billion Import Bill-- A deadweight loss that drags the system down -$ $30 -$

4 4% ECONOMIC GROWTH -- ALL CARICOM COUNTRIES PRE- AND POST- FINANCIAL CRISIS (Average Annual Rates of Growth in GDP in Constant U.S. Dollars) BEFORE (2000 to 2008) AFTER (2009 to 2013) 3.3% 3% 2% 1% 0.2% 4 0% Gross Domestic Product

5 8% 7.6% THE COLLAPSE IN ECONOMIC GROWTH PRE- AND POST FINANCIAL CRISIS (Average Annual Rates of Growth in GDP -- Constant 2005 U.S. Dollars) BEFORE (2000 to 2008) AFTER (2009 to 2013) 6% 5.4% 5.0% 4.6% 4.6% 4% 3.9% 3.8% 3.7% 3.2% 3.1% 2% 2.3% 2.6% 1.7% 1.6% 2.0% 0.7% 0.5% 0.0% 0% -0.5% -0.6% -0.9% -1.0% -0.5% -0.2% -2% -4% Trinidad and Tobago Belize -3.4% Antigua and Barbuda Suriname St. Vincent and the Grenadines St. Kitts and Nevis -3.7% Grenada Dominica St. Lucia Barbados Bahamas Guyana Haiti 5

6 CARICOM member states hard hit With the exception of Guyana and Haiti all CARICOM member states experienced a contraction in growth rates Antigua and Barbuda has seen a sharp decline in a very robust pre-crisis growth rate of +5.0 percent to -3.4 percent Barbados has experienced a post-crisis reduced average annual growth rate of -3.7 percent Strong reversals are shown for Guyana and Haiti Guyana s sharp recovery of +4.6 percent reverses the severe negative effects experienced in 2005 (-2.0%) and 2006 (-5.3%) Haiti has benefited from the sharp increase in bilateral and multilateral assistance after the devastating earthquake of For all countries, what was a reasonable pre-crisis growth rate of +3.3 percent has been reduced to a growth rate of +0.2 percent. 6

7 REDUCED DEPENDENCE ON BIG-GOVERNMENT ALL CARICOM COUNTRIES COMBINED PRE- AND POST- FINANCIAL CRISIS (Government Expenditures as a Percent Share of GDP) 18% BEFORE (1980 to 2008) AFTER (2009 to 2013) 18.1% 16.7% 16% 14% 7 12%

8 22% REDUCED DEPENDENCE ON BIG-GOVERNMENT PRE- AND POST- FINANCIAL CRISIS (Government Expenditures as a Percent Share of GDP) 21.1% BEFORE (1980 to 2008) AFTER (2009 to 2013) 20% 20.0% 19.7% 18% 17.4% 17.3% 19.0% 18.3% 18.6% 18.7% 17.0% 18.0% 16% 14.8% 16.1% 16.2% 16.0% 15.5% 15.2% 14.3% 14% 12% Guyana Dominica St. Vincent and the Grenadines Antigua and Barbuda St. Kitts and Nevis Grenada St. Lucia Belize Barbados 8 -- Years missing for The Bahamas, Trinidad and Tobago and Suriname

9 Reduced dependence on government is encouraging Grounds for Optimism With the exception of St.Kitts and Nevis and Barbados, all member states have shown a reduced dependence on Government. Reduced government Reduces the demand for loanable funds in general and reduces upward pressure on interest rates; Reduces current account deficits and cumulative public debt; Results in lower cost of servicing the public debt, which frees up funds which could otherwise be used for building roads and also for reducing taxes 9

10 INFLATION -- ALL CARICOM COUNTRIES COMBINED PRE- AND POST- FINANCIAL CRISIS (Average Annual Rates of Change in the Consumer Price Index) 7% 6% BEFORE (2000 to 2008) AFTER (2009 to 2013) 6.3% 5% 4% 3.6% 3% 2% 1% 10 0% Consumer Price Index

11 22% 20% 21.0% SUBDUED RATES OF INFLATION PRE- AND POST- FINANCIAL CRISIS (Average Annual Rates of Change in the Consumer Price Index) BEFORE (2000 to 2008) AFTER (2009 to 2013) 18% 17.0% 16% 14% 12% 11.3% 10% 8% 6% 6.3% 5.2% 9.2% 7.4% 6.5% 6.2% 5.0% 4% 2% 0% % Suriname Haiti Jamaica Guyana Trinidad and Tobago 3.7% 3.6% 3.3% 3.2% 3.1% 2.9% 2.4% 2.3% 2.2% 2.1% Barbados St. Kitts and Nevis St. Vincent and the Grenadines 1.7% 1.7% 2.0% 0.6% 1.8% 1.4% 2.1% Grenada St. Lucia Belize Bahamas Dominica Antigua and Barbuda

12 40% 40.6% GROWTH IN THE MONEY SUPPLY -- M2 PRE- AND POST- FINANCIAL CRISIS (Annual Percent Change) BEFORE (2000 to 2008) AFTER (2009 to 2013) 30% 20% 15.9% 16.6% 16.4% 12.3% 13.4% 13.3% 11.4% 11.6% 10.6% 10.4% 10% 0% % 8.6% Suriname Jamaica Haiti Trinidad and Tobago 0.6% 4.8% 8.8% Barbados Guyana Belize St. Kitts and Nevis 8.4% 8.3% 8.1% 7.2% 6.5% 2.9% 1.1% St. Lucia Grenada Antigua and Barbuda 1.3% Bahamas, The 5.9% Dominica 4.7% 2.9% St. Vincent and the Grenadines

13 20% THE DISCOUNT RATE U.S.A. Versus Selected Countries (Percent) Pre-Crisis (2007) Post Crisis (2009 and 2010) 15% 15.0% 12.0% 12.0% 10% 10.0% 5% 4.8% 5.3% 6.5% 5.5% 5.8% 6.5% 6.5% 7.0% 2.3% 13 0% 0.5% USA Bahamas, The Guyana Trinidad and Tobago Source: CIA World Factbook OECS Barbados Belize

14 60% 56% INCREASED BANK LENDING 1 IN RESPONSE TO THE "NEEDS OF TRADE" PRE- AND POST- FINANCIAL CRISIS (Bank Credit Extended to the Private Sector as a Percent Share of GDP) BEFORE (2000 to 2008) AFTER (2009 to 2013) 56.5% 52% 48% 47.9% 44% 14 40% 1 Broadly defined includes loans, purchases of non-equity securities, trade credits and other accounts receivables

15 110% 100% 110.4% INCREASED BANK LENDING 1 IN RESPONSE TO THE "NEEDS OF TRADE" PRE- AND POST- FINANCIAL CRISIS (Bank Credit Extended to the Private Sector as a Percent Share of GDP) BEFORE (2000 to 2008) AFTER (2009 to 2013) 90% 80% 81.3% 80.2% 74.1% 81.7% 81.2% 70% 60% 50% 64.9% 64.7% 63.6% 63.2% 65.7% 60.0% 55.1% 52.0% 52.6% 53.5% 49.2% 47.5% 15 40% 30% 20% 10% St. Lucia Barbados Antigua and Barbuda Bahamas, The Grenada St. Kitts and Nevis Belize St. Vincent and the Grenadines 40.8% 36.6% 31.7% 32.4% Dominica Guyana Trinidad and Tobago 28.1% 21.5% 24.5% 16.7% 15.4% 14.1% Jamaica Suriname Haiti 1 Broadly defined includes loans, purchases of non-equity securities, trade credits and other accounts receivables

16 8.5% FOREIGN DIRECT INVESTMENT: ALL CARICOM COUNTRIES PRE-AND POST-FINANCIAL CRISIS (Percent Share of GDP) 8.0% BEFORE (2000 to 2008) AFTER (2009 to 2013) 8.0% 7.7% 7.5% 7.0% 6.5% 6.0% %

17 20% 15% 18.3% FOREIGN DIRECT INVESTMENT NET INFLOWS PRE- AND POST- FINANCIAL CRISIS ( Percent Share of GDP) 15.4% 16.3% 12.7% 12.4% 12.4% BEFORE (2000 to 2008) AFTER (2009 to 2013) 15.5% 12.5% 10% 8.6% 7.9% 8.3% 7.9% 8.6% 7.8% 5% 7.6% 7.3% 7.3% 7.2% 6.6% 5.8% 4.8% 5.5% 4.1% 0% 2.7% 1.9% 0.8% 0.1% -5% -6.1% -10% 17 St. Kitts and Nevis Antigua and Barbuda Grenada St. Lucia St. Vincent Trinidad and the and Tobago Grenadines Belize Dominica Guyana Jamaica Bahamas, The Barbados Haiti Suriname

18 CORPORATE INCOME TAX RATES 2013 U.S.A FEDERAL CORPORATE versus BLACK LISTED COUNTRIES 35% 30% 25% 20% 15% 10% 18 Source: Price Waterhouse Coopers Worldwide Tax Summaries (Available Data for DC "Tax Havens and EC "Non-Cooperative Tax Jurisdictions")

19 U.S.A. CORPORATE INCOME TAX RATES 2013 HIGH TAX STATES versus LOW TAX STATES 12% 12.0% 10% 10.0%10.0% 9.8% 9.5% 9.4% 9.0% 9.0% 9.0% 8.9% 8% 6% 5.0% 5.0% 4.6% 4.5% 4% 2% 0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 19 Source: U.S.A. Tax Foundation

20 U.S.A. COMBINED FEDERAL (35%) AND STATE CORPORATE INCOME TAX RATES TEN HIGHEST TAX STATES versus TEN LOWEST TAX STATES 50% 47% Federal State 45% 40% 12% 10% 10% 10% 10% 9% 9% 9% 9% 9% 5% 5% 5% 5% 35% 0% 0% 0% 0% 0% 0% 30% 25% 20% 20 Source: U.S.A. Tax Foundation, State Corporate Income Tax Rates (State corporate taxes in California are 8.84 percent)

21 $12,000 PER CAPITA EXPORTS OF GOODS AND SERVICES IN 2013 FOR OAS MEMBER STATES a b (Current U.S. Dollars) $10,000 $8,000 $6,000 $4,000 $2,000 $0 21 a Not shown are the U.S.A and Canada with $7,156 and $15,633,respectively for exports of goods and services per capita b Data "NOT SHOWN" for USA and Canada. Also, data is not available for OAS-member countries not listed Source: World Bank W

22 25,000 INTERNATIONAL TOURISM ARRIVALS IN 2013 FOR OAS MEMBER STATES a (Thousands) 20,000 15,000 10,000 5, a Not shown are the U.S.A and Canada with 69,768,000 and 16,590,000 international tourism arrivals, respectively. For OAS countries with greater than 300,000 arrivals

23 $30,000 INTERNATIONAL TOURISM EXPENDITURES IN 2013 FOR OAS MEMBER STATES a, b (Millions of U.S. Dollars) $25,000 $20,000 $15,000 $10,000 $5,000 $0 23 a For Expenditures greater than $200 mill.. Not shown are the U.S.A and Canada with $136.7bill. and $35.2bill. b Also, data is not available for OAS-member countries not listed.

24 $25,000 PERSONAL REMITTANCES RECEIVED BY OAS MEMBER STATES IN 2013 a (Millions of Current U.S. Dollars) $20,000 $15,000 $10,000 $5,000 $0 24 a Data "NOT SHOWN" for USA and Canada. Also, data is not available for OAS-member countries not listed -- For Countries with more than $400 mllion in remittances. Source: World Bank--World Development Indicators

25 25 THANK YOU FOR YOUR ATTENTION

Broad-Based Growth: The Caribbean Experience

Broad-Based Growth: The Caribbean Experience Broad-Based Growth: The Caribbean Experience NITA THACKER WESTERN HEMISPHERE DEPARTMENT INTERNATIONAL MONETARY FUND Outline Caribbean: Some stylized facts Broad Based Growth: Caribbean Experience Policies

More information

Caribbean: Outlook and Challenges

Caribbean: Outlook and Challenges Caribbean: Outlook and Challenges Nicole Laframboise International Monetary Fund Views expressed are those of the speaker alone and should not be reported as representing the official position of the International

More information

CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS December 4, 2014

CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS December 4, 2014 CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS 2014 December 4, 2014 FINAL Destination Table 1: Tourist (Stop-over) Arrivals in 2014 Period Tourist Arrivals % Change Overall Winter# Summer# Anguilla

More information

Published by the Caribbean Tourism Organization (CTO), All rights reserved.

Published by the Caribbean Tourism Organization (CTO), All rights reserved. Copyright 2016, Caribbean Tourism Organization (CTO) Published by the Caribbean Tourism Organization (CTO), 2016. All rights reserved. The designations employed and the presentation of material in this

More information

Emerging trends regarding trade and cooperation initiatives in the CARICOM region

Emerging trends regarding trade and cooperation initiatives in the CARICOM region Regional Dialogue on Promoting Services Development and Trade in Latin America and the Caribbean 12 13 November 2013 Room Raul Prebish, ECLAC, Santiago Emerging trends regarding trade and cooperation initiatives

More information

Fiscal Consolidation with Medium term growth in the Caribbean

Fiscal Consolidation with Medium term growth in the Caribbean Fiscal Consolidation with Medium term growth in the Caribbean Mr. Dillon Alleyne Economic Affairs Officer, ECLAC Conference on the Economy Department of Economics, UWI St Augustine 7th October 2010 Outline

More information

CDB Lending Activities

CDB Lending Activities CDB Lending Activities Responding to the Impact of the Global Crisis on Caribbean Economies Ian Durant Country Economist Economics Department July 2011 Structure of Presentation Main Aspects of CDB Borrowing

More information

Daniel Titelman Director Economic Development Division

Daniel Titelman Director Economic Development Division Daniel Titelman Director Economic Development Division Economic trends in the region continue to be marked by: Uncertainty and risk in the global economy: External demand remains sluggish, which reflects

More information

DEVELOPMENT AID AT A GLANCE

DEVELOPMENT AID AT A GLANCE DEVELOPMENT AID AT A GLANCE STATISTICS BY REGION 3. AMERICA 2018 edition All the data in this report are available at: http://www.oecd.org/dac/financing-sustainable-development/ 3.1. ODA TO AMERICA - SUMMARY

More information

International economic context and regional impact

International economic context and regional impact Contents I. GDP growth trends in Latin America and the Caribbean in 2012 II. Regional performance in 2012: Inflation, employment and wages External sector Policies: Fiscal and Monetary III. Conclusions

More information

THE CARIBBEAN COMMUNITY COMPRISES 15 MEMBER STATES

THE CARIBBEAN COMMUNITY COMPRISES 15 MEMBER STATES 1 THE CARIBBEAN COMMUNITY COMPRISES 15 MEMBER STATES 2 ALL ALL 12 CSME MEMBER STATES ARE SINGLE MARKET READY - ANTIGUA AND BARBUDA - BELIZE - GRENADA - JAMAICA - ST. LUCIA - ST. VINCENT AND THE GRENADINES

More information

TECHNICAL SEMINAR ON TOURISM INVESTMENTS IN THE AMERICAS Asuncion, Paraguay. May 17-18, 2011

TECHNICAL SEMINAR ON TOURISM INVESTMENTS IN THE AMERICAS Asuncion, Paraguay. May 17-18, 2011 TECHNICAL SEMINAR ON TOURISM INVESTMENTS IN THE AMERICAS Asuncion, Paraguay May 17-18, 2011 STRUCTURE OF PRESENTATION CONTEXT TOURISM IN THE AMERICAS ROLES OF INSTITUTIONS FOCUS ON OAS AS A MULTILATERAL

More information

Latin America and the Caribbean: Fact Sheet on Economic and Social Indicators

Latin America and the Caribbean: Fact Sheet on Economic and Social Indicators Latin America and the Caribbean: Fact Sheet on Economic and Social Indicators Dindi R. Robinson Barbara Salazar Torreon May 30, 2013 CRS Report for Congress Prepared for Members and Committees of Congress

More information

For authorization of the reproduction of CTO works, please contact the CTO at the address and above.

For authorization of the reproduction of CTO works, please contact the CTO at the address and  above. Copyright 2018, Caribbean Tourism Organization (CTO) Published by the Caribbean Tourism Organization (CTO), 2018. All rights reserved. The designations employed and the presentation of material in this

More information

DEVELOPMENT AID AT A GLANCE

DEVELOPMENT AID AT A GLANCE DEVELOPMENT AID AT A GLANCE STATISTICS BY REGION 3. AMERICA 26 edition 3.. ODA TO AMERICA - SUMMARY 3... Top ODA receipts by recipient USD million, net disbursements in 24 3..3. Trends in ODA Colombia

More information

CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS 2008

CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS 2008 CARIBBEAN TOURISM ORGANIZATION LATEST STATISTICS 2008 December 9, 2008 Table 1: Tourist (Stop-over) Arrivals in 2008 Period Tourist Arrivals % Change Overall Winter# Summer# Anguilla Jan-Aug 53,077-10.8-13.9-7.0

More information

THE EXTENT OF FINANCIAL INTEGRATION WITHIN CARICOM

THE EXTENT OF FINANCIAL INTEGRATION WITHIN CARICOM THE ETENT OF FINANCIAL INTEGRATION WITHIN CARICOM De Lisle Worrell and Julia Jhinkoo Picture 3 Picture 4 Presented at the L Annual Monetary Studies Conference Eastern Caribbean Central Bank Basseterre,

More information

ORGANIZATION OF AMERICAN STATES

ORGANIZATION OF AMERICAN STATES ORGANIZATION OF AMERICAN STATES INTER-AMERICAN DRUG ABUSE CONTROL COMMISSION FORTY-FOURTH REGULAR SESSION November 19-21, 2008 Santiago, Chile OEA/Ser.L/XIV.2.44 CICAD/doc.1689/08 17 November 2008 Original:

More information

For authorization of the reproduction of CTO works, please contact the CTO at the address and above.

For authorization of the reproduction of CTO works, please contact the CTO at the address and  above. Copyright 2018, Caribbean Tourism Organization (CTO) Published by the Caribbean Tourism Organization (CTO), 2018. All rights reserved. The designations employed and the presentation of material in this

More information

Published by the Caribbean Tourism Organization (CTO), All rights reserved.

Published by the Caribbean Tourism Organization (CTO), All rights reserved. Copyright 2016, Caribbean Tourism Organization (CTO) Published by the Caribbean Tourism Organization (CTO), 2016. All rights reserved. The designations employed and the presentation of material in this

More information

WT/TPR/S/299 OECS-WTO Members - 5 -

WT/TPR/S/299 OECS-WTO Members - 5 - - 5 - SUMMARY 1. The WTO Members of the Organization of Eastern Caribbean States (OECS WTO Members) consist of six independent states located in the Lesser Antilles: Antigua and Barbuda, Dominica, Grenada,

More information

The OECS was hardest hit by reduced arrivals showing an overall 12.3% decline in 2009

The OECS was hardest hit by reduced arrivals showing an overall 12.3% decline in 2009 CTO Media Conference Feb. 8, 2010, 9AM EST Caribbean Tourism Overview 2009 1. Wider Caribbean Region Tourists arrivals in the Caribbean are on the rebound. Although aggregate tourist arrivals to the wider

More information

Researched and compiled by Ms. Elvira Doyle, UNDESA, 27 April 2004

Researched and compiled by Ms. Elvira Doyle, UNDESA, 27 April 2004 Status /Overseas THE CARIBBEAN COUNTRIES & REGIONAL ENTITIES United Nations Researched and compiled by Ms. Elvira Doyle, UNDESA, 27 April 2004 CARICOM a/ CARI FORUM b/ ECLAC/ CDCC c/ 1. Anguilla United

More information

The Caribbean Community ICT Agenda 2003 Grenada January 2003

The Caribbean Community ICT Agenda 2003 Grenada January 2003 The Caribbean Community ICT Agenda 2003 Grenada January 2003 CARICOM Context for E- Government: Securing the HOW and WHEN! Vision of an info-future CARICOM at a glance Antigua & Barbuda The Bahamas Barbados

More information

Coming of Age: Lessons from the Past, Strategies for the Future

Coming of Age: Lessons from the Past, Strategies for the Future Coming of Age: Lessons from the Past, Strategies for the Future Dr. Victor H. Eastmond BDS(Lon.) LDSRCS (Eng.) Cert. Forensic Odontology (Sweden) Variation(s) in Accreditation of Dental Schools attended

More information

Prospects for sustainable fiscal policy: Transfers and subsidies examined

Prospects for sustainable fiscal policy: Transfers and subsidies examined Prospects for sustainable fiscal policy: Transfers and subsidies examined COTE 2014, UWI, St. Augustine Dr. Justin A. Ram, Director, Economics Department Presentation outline Caribbean economic overview

More information

Student Drug Use in the Caribbean: A Critical Analysis For Policy Makers

Student Drug Use in the Caribbean: A Critical Analysis For Policy Makers 3 rd Biennial Meeting of Caribbean National Observatories on Drugs Roseau, Dominica Student Drug Use in the Caribbean: A Critical Analysis For Policy Makers Pernell Clarke Inter-American Observatory on

More information

For authorization of the reproduction of CTO works, please contact the CTO at the address and above.

For authorization of the reproduction of CTO works, please contact the CTO at the address and  above. Copyright 2018, Caribbean Tourism Organization (CTO) Published by the Caribbean Tourism Organization (CTO), 2018. All rights reserved. The designations employed and the presentation of material in this

More information

Contents of the Economic Survey 2012

Contents of the Economic Survey 2012 Contents of the Economic Survey 2012 I. Macroeconomic trends in Latin America and the Caribbean in 2012 II. Reactions of the countries of the region to the adversities of the global economy III. Savings

More information

ADDRESSING ENVIRONMENTAL AND CLIMATE CHANGE CHALLENGES FACED BY CARIBBEAN SIDS THROUGH A SUSTAINABLE DEVELOPMENT LENS

ADDRESSING ENVIRONMENTAL AND CLIMATE CHANGE CHALLENGES FACED BY CARIBBEAN SIDS THROUGH A SUSTAINABLE DEVELOPMENT LENS ADDRESSING ENVIRONMENTAL AND CLIMATE CHANGE CHALLENGES FACED BY CARIBBEAN SIDS THROUGH A SUSTAINABLE DEVELOPMENT LENS Marlene Attzs, PhD Deputy Coordinator, Sustainable Economic Development Unit (SEDU)

More information

PRESENTATION ASSET RECOVERY INTER-AGENCY NETWORK FOR THE CARIBBEAN (ARIN-CARIB)

PRESENTATION ASSET RECOVERY INTER-AGENCY NETWORK FOR THE CARIBBEAN (ARIN-CARIB) Secretariat for Multidimensional Security XLIV MEETING OF THE GROUP OF EXPERTS FOR THE CONTROL OF MONEY LAUNDERING September 25-26, 2017 Asuncion, Paraguay OEA/Ser.L/XIV. 4.44 DDOT/LAVEX/doc.16/17 September

More information

Ken Sylvester Chief Executive Officer

Ken Sylvester Chief Executive Officer Ken Sylvester Chief Executive Officer AGENDA 1. Caribbean: Issues and Challenges in the 21 st Century 2. C@ribNET: The Caribbean Regional Research and Education Network, Opportunity for effecting Economic

More information

NATIONAL DEVELOPMENT STRATEGY AND NATIONAL ICT STRATEGY INTEGRATION: MEETING THE MDGs AND WSIS DECLARATION

NATIONAL DEVELOPMENT STRATEGY AND NATIONAL ICT STRATEGY INTEGRATION: MEETING THE MDGs AND WSIS DECLARATION NATIONAL DEVELOPMENT STRATEGY AND NATIONAL ICT STRATEGY INTEGRATION: MEETING THE MDGs AND WSIS DECLARATION Conference for Regional Policy Makers and Advisers Caribbean Development Bank Bridgetown, 30 September

More information

Appendix A. PHYSICAL, SOCIAL, AND ECONOMIC STATISTICS

Appendix A. PHYSICAL, SOCIAL, AND ECONOMIC STATISTICS Appendix A. PHYSICAL, SOCIAL, AND ECONOMIC STATISTICS FOR THE CARIBBEAN REGION TABLE A1. CORAL REEF AREA IN THE WIDER CARIBBEAN Estimates of Coral Reef Area Reefs at Risk in the World Atlas of Coral Reefs

More information

CARICOM FRAMEWORK ON PUBLIC PROCUREMENT

CARICOM FRAMEWORK ON PUBLIC PROCUREMENT CARICOM FRAMEWORK ON PUBLIC PROCUREMENT PRESENTATION AT REGIONAL MEETING ON PUBLIC PROCUREMENT SYSTEMS IN LATIN AMERICA AND THE CARIBBEAN 15-16 July 2015 Quito, Ecuador CONTENT OF PRESENTATION Background

More information

INTEGRATION AND TRADE IN THE AMERICAS

INTEGRATION AND TRADE IN THE AMERICAS INTER-AMERICAN DEVELOPMENT BANK Department of Integration and Regional Programs Division of Integration, Trade and Hemispheric Issues Institute for the Integration of Latin America and the Caribbean Statistics

More information

ONE EGG + ONE BASKET = UNSUSTAINABLE

ONE EGG + ONE BASKET = UNSUSTAINABLE ONE EGG + ONE BASKET = UNSUSTAINABLE DEVELOPMENT : Lessons from global crises for Caribbean Economic Development Marlene Attzs Department of Economics UWI St. Augustine 1 COTE 2009 October 1 st 2009 OUTLINE

More information

Organisation of Eastern Caribbean States Secretariat OECS EXTERNAL MERCHANDISE TRADE ANNUAL REPORT 1998

Organisation of Eastern Caribbean States Secretariat OECS EXTERNAL MERCHANDISE TRADE ANNUAL REPORT 1998 Organisation of Eastern Caribbean States Secretariat OECS EXTERNAL MERCHANDISE TRADE ANNUAL REPORT 1998 December 1999 ii PREFACE After a hiatus during which the OECS Secretariat underwent significant changes

More information

1. Introduction. 2. Basic Fundamentals. 4. Results. 5. Initiatives. 6. Final Conclusions.

1. Introduction. 2. Basic Fundamentals. 4. Results. 5. Initiatives. 6. Final Conclusions. 1 1. Introduction. 2. Basic Fundamentals. 3. Small member states of the OAS, CARICOM and IAD 4. Results. 5. Initiatives. 6. Final Conclusions. 2 THE IADB IS MANDATED BY STATUTE TO ADDRESS THE NEEDS OF

More information

THE CARIFORUM ECONOMIC PARTNERSHIP AGREEMENT: A look at EU CARICOM Relations

THE CARIFORUM ECONOMIC PARTNERSHIP AGREEMENT: A look at EU CARICOM Relations THE CARIFORUM ECONOMIC PARTNERSHIP AGREEMENT: A look at EU CARICOM Relations and Regional Integration Presenter: Nicole Warmington Granston Warmington Granston PhD Candidate, FIU WHAT IS THE CARIFORUM?

More information

ORGANIZATION OF AMERICAN STATES

ORGANIZATION OF AMERICAN STATES ORGANIZATION OF AMERICAN STATES CONTRIBUTIONS TO OAS' FUNDS BY DONOR Members: 2006 Prior Years FEMCIDI OAS Specific Funds Trust for the Americas Antigua & Barbuda $ 7,450 $ - $ 6,988 $ - $ - $ 14,438 Argentina

More information

ITU is the United Nations specialized agency for information and communications technologies - ICTs

ITU is the United Nations specialized agency for information and communications technologies - ICTs THE WORLD AMERICAS ITU is the United Nations specialized agency for information and communications technologies - ICTs 192 Member States and over 700 private-sector entities and academic institutions 3

More information

CARIBBEAN TRENDS IN THE HOTEL INDUSTRY TWELFTH EDITION SAMPLE

CARIBBEAN TRENDS IN THE HOTEL INDUSTRY TWELFTH EDITION SAMPLE CARIBBEAN TRENDS IN THE HOTEL INDUSTRY TWELFTH EDITION - 2017 Maps Table of Contents Map of the Caribbean Region 5 One Step Back 6 Caribbean Hospitality Industry Updates Airbnb in the Caribbean 8 How Currency

More information

THE SERVICES REGIME OF THE CARICOM SINGLE MARKET AND ECONOMY (CSME) A BRIEF ASSESSMENT OF ITS ACHILLES HEEL

THE SERVICES REGIME OF THE CARICOM SINGLE MARKET AND ECONOMY (CSME) A BRIEF ASSESSMENT OF ITS ACHILLES HEEL DOHA, QATAR, 19 APRIL 2012 THE SERVICES REGIME OF THE CARICOM SINGLE MARKET AND ECONOMY (CSME) A BRIEF ASSESSMENT OF ITS ACHILLES HEEL W. Baldwin Spencer* Prime Minister Antigua and Barbuda * Delivered

More information

implementation is a shared obligation under Art.170 The COMMUNITY shall: Subject to Articles 164, 177, 178 and 179 of this Treaty, establish appropria

implementation is a shared obligation under Art.170 The COMMUNITY shall: Subject to Articles 164, 177, 178 and 179 of this Treaty, establish appropria CARICOM COMPETITION COMMISSION IMPLEMENTATION OF COMPETITION PROVISIONS IN THE REVISED TREATY OF CHAGUARAMAS CHALLENGES FACED BY THE CCC AS A SUPRANATIONAL AGENCY COMMUNITY COMPETITION POLICY THE GOAL

More information

Logistics in the Caribbean

Logistics in the Caribbean Logistics in the Caribbean Current Trends and Future Prospects Caribbean Growth Forum June 19 th, 2012 Kingston, Jamaica Jordan Schwartz Gözde Isik World Bank Productivity losses (%) 30 25 20 15 10 5 OECD

More information

Countries 1Mbps 2Mbps 3Mbps

Countries 1Mbps 2Mbps 3Mbps Antigua & Barbuda - Flow Antigua & Barbuda -INET Countries 1Mbps 2Mbps 3Mbps Barbados - Flow British Virgin Islands - Flow Dominica - Flow $75.60 Canada - Bell $72.53 Grenada - Flow Grenada - Green Dot

More information

Mainstreaming Biodiversity Considerations into Sustainable Tourism Development & Land Use Planning

Mainstreaming Biodiversity Considerations into Sustainable Tourism Development & Land Use Planning Mainstreaming Biodiversity Considerations into Sustainable Tourism Development & Land Use Planning Deirdre Shurland Coordinator Global Partnership for Sustainable Tourism UNEP Division of Technology, Industry

More information

Doing Business in Latin America and the Caribbean. Rita Ramalho Program Manager

Doing Business in Latin America and the Caribbean. Rita Ramalho Program Manager Doing Business in Latin America and the Caribbean Rita Ramalho Program Manager What does Doing Business measure? Doing Business indicators: Focus on regulations relevant to the life cycle of a small to

More information

World Tourism Organization Leading organization in the field of tourism today. Global forum for tourism policy issues and a practical source of

World Tourism Organization Leading organization in the field of tourism today. Global forum for tourism policy issues and a practical source of World Tourism Organization Leading organization in the field of tourism today. Global forum for tourism policy issues and a practical source of tourism know how Members are 139 countries and 350 affiliate

More information

TOURIST ARRIVALS REPORT

TOURIST ARRIVALS REPORT No. of Arrivals TOURIST ARRIVALS REPORT Stay Over Arrivals by Market (, 217) 16, 14, 12, 1, 8, 6, 4, 2, USA UK Caribbean Canada Rest of Europe Germany France Rest of World 216 13,454 5,969 4,154 5,881

More information

TOURIST ARRIVALS REPORT

TOURIST ARRIVALS REPORT No. of Arrivals TOURIST ARRIVALS REPORT Stay Over Arrivals by Market (March, 217) 18, 16, 14, 12, 1, 8, 6, 4, 2, USA UK Caribbean Canada Rest of Europe Germany France Rest of World 216 15,61 6,61 5,57

More information

Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development

Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development Unclassified DAF/COMP/LACF(2017)26 DAF/COMP/LACF(2017)26 Unclassified Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development 19-Mar-2017 English

More information

NOVEMBER 2015 TRADE MISSION TO TRINIDAD & TOBAGO

NOVEMBER 2015 TRADE MISSION TO TRINIDAD & TOBAGO NOVEMBER 2015 TRADE MISSION TO TRINIDAD & TOBAGO Participants: Lynn Preator, Ross Voelker, Matt Stawowy, Charles Wachsmuth, and Randy Duckworth Report Prepared for US Dry Bean Council and USDA FAS by Randy

More information

Section 6. CARICOM s Trade with MERCOSUR

Section 6. CARICOM s Trade with MERCOSUR Section 6 CARICOM s Trade with MERCOSUR CARICOM S TRADE WITH MERCOSUR 1996-2001 Over the period 1996 to 2001, CARICOM s imports from Mercosur doubled moving from EC$0.4 billion in 1996 (nine Member States

More information

TOURIST ARRIVALS REPORT

TOURIST ARRIVALS REPORT No. of Arrivals TOURIST ARRIVALS REPORT Stay Over Arrivals by Market (June, 217) 18, 16, 14, 12, 1, 8, 6, 4, 2, USA UK Caribbean Canada Rest of Europe Germany France Rest of World 216 15,24 3,941 4,425

More information

Session 1: Tourism Development and Conservation of Island Resources KEY ISSUES FOR SIDS AND ALL ISLAND DESTINATIONS.

Session 1: Tourism Development and Conservation of Island Resources KEY ISSUES FOR SIDS AND ALL ISLAND DESTINATIONS. Session 1: Tourism Development and Conservation of Island Resources KEY ISSUES FOR SIDS AND ALL ISLAND DESTINATIONS Richard Denman A presentation in 2 parts Tourism and Small Island Developing States:

More information

TOURIST ARRIVALS REPORT

TOURIST ARRIVALS REPORT No. of Arrivals TOURIST ARRIVALS REPORT Stay Over Arrivals by Market (February 2016) 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 USA UK Caribbean Canada Rest of Europe Germany France Rest of

More information

Renewable Energy Island Index and Marketplace. Gabriela Esmeral and Nils Janson 20 October 2017

Renewable Energy Island Index and Marketplace. Gabriela Esmeral and Nils Janson 20 October 2017 Renewable Energy Island Index and Marketplace Gabriela Esmeral and Nils Janson 20 October 2017 AGENDA The Caribbean RE market The RE Index A look at RE projects large and small Takeaways 1 About Castalia

More information

Basel Convention Regional Centre for Training and Technology Transfer for the Caribbean Region. Activities Report 2011.

Basel Convention Regional Centre for Training and Technology Transfer for the Caribbean Region. Activities Report 2011. Basel Convention Regional Centre for Training and Technology Transfer for the Caribbean Region. Activities Report 2011. Background BCRC-Caribbean was established under the Framework Agreement between the

More information

Population, Territory and Sustainable Development The Case of the Caribbean Sub Region

Population, Territory and Sustainable Development The Case of the Caribbean Sub Region Population, Territory and Sustainable Development The Case of the Caribbean Sub Region Author: Godfrey St. Bernard Sir Arthur Lewis Institute of Social and Economic Studies The University of the West Indies

More information

Section 8. CARICOM s Trade with the Central American Common Market

Section 8. CARICOM s Trade with the Central American Common Market Section 8 CARICOM s Trade with the Central American Common Market CARICOM S TRADE WITH CENTRAL AMERICAN COMMON MARKET 1996-2001 CARICOM s trade with Central American Common Market (CACM) over the period

More information

2007 Port of Spain Summit Compliance: School Meals and Healthy Eating

2007 Port of Spain Summit Compliance: School Meals and Healthy Eating Rowena Symss, September 9, 2015 This report assesses compliance with the commitment below from the 2007 Port of Spain Declaration based on actions taken by the Caribbean countries between 15 September

More information

ST. EUSTATIUS. Sea Arrivals II ( Summer ( Winter Yacht Arrivals I 12, % 32.5%

ST. EUSTATIUS. Sea Arrivals II ( Summer ( Winter Yacht Arrivals I 12, % 32.5% ST. EUSTATIUS Visitor Arrival Summary Tourist Arrivals (excluding Antilleans) to St. Eustatius increased by 2.5 percent to reach a total of 12.0 thousand in 2009. Holland continues to be the most important

More information

VISITOR ARRIVALS REPORT

VISITOR ARRIVALS REPORT No. of Arrivals VISITOR ARRIVALS REPORT Stay Over Arrivals by Market (September, 217) 9, 8, 7, 6, 5, 4, 3, 2, 1, USA UK Caribbean Canada Rest of Europe Germany France 216 7,91 3,874 4,36 1,134 374 6 114

More information

ESTABLISHMENT OF THE CARICOM SINGLE MARKET AND ECONOMY SUMMARY OF STATUS OF KEY ELEMENTS ELEMENTS STATUS ACTION REQUIRED

ESTABLISHMENT OF THE CARICOM SINGLE MARKET AND ECONOMY SUMMARY OF STATUS OF KEY ELEMENTS ELEMENTS STATUS ACTION REQUIRED ESTABLISHMENT OF THE CARICOM SINGLE MARKET AND ECONOMY SUMMARY OF STATUS OF KEY ELEMENTS 1. TREATY REVISION Currently applies to 12 of the 15 CARICOM Member States The Bahamas to decide Haiti to complete

More information

Population, Territory and Sustainable Development in the Caribbean

Population, Territory and Sustainable Development in the Caribbean Population, Territory and Sustainable Development in the Caribbean Author: Godfrey St. Bernard Sir Arthur Lewis Institute of Social and Economic Studies The University of the West Indies St. Augustine,

More information

Workshop for Caribbean countries to promote the development and implementation of Conformity Assessment programmes

Workshop for Caribbean countries to promote the development and implementation of Conformity Assessment programmes Workshop for Caribbean countries to promote the development and implementation of Conformity Assessment programmes Development of quality infrastructure to promote interoperability, quality and safety

More information

Caribbean Tourism Review

Caribbean Tourism Review Thousands PERCENTAGE Caribbean Tourism Review 1. Global Performance Worldwide international arrivals in the first eight months reached 781 million, 36 million more than in the same period of 2013 according

More information

EASTERN CARIBBEAN CURRENCY UNION (ECCU) 1. General trends

EASTERN CARIBBEAN CURRENCY UNION (ECCU) 1. General trends Economic Survey of Latin America and the Caribbean 2014 1 EASTERN CARIBBEAN CURRENCY UNION (ECCU) 1. General trends Economic activity in the Eastern Caribbean Currency Union (ECCU) territories is expected

More information

AfrICANDO th Annual

AfrICANDO th Annual THE FOUNDATION FOR DEMOCRACY IN AFRICA 19th Annual AfrICANDO 2017 U.S. Africa Trade & Investment Conference/Trade Show Supply Chain Development and Competitiveness under AGOA - Making AGOA Work for SME

More information

TOURIST ARRIVALS REPORT

TOURIST ARRIVALS REPORT No. of Arrivals TOURIST ARRIVALS REPORT Stay Over Arrivals by Market (May 2016) 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 USA UK Caribbean Canada Rest of Europe Germany France Rest of World

More information

Outline of presentation. Using Epidemiology for Data-Driven Decision-Making in Tuberculosis Programs February 24, 2016

Outline of presentation. Using Epidemiology for Data-Driven Decision-Making in Tuberculosis Programs February 24, 2016 EPIDEMIOLOGY OF TUBERCULOSIS IN THE CARIBBEAN A Bird s Eye View Brendan C Bain, DM, MPH, FRCPE Consultant: Infectious Diseases and Public Health IUATLD Course on Using Epidemiology for Data-driven Decision-making

More information

EIGHTH REGULAR MEETING OF THE INTER AMERICAN COMMITTEE ON SCIENCE AND TECHNOLOGY (COMCYT) November 14 15, 2013 Washington, DC

EIGHTH REGULAR MEETING OF THE INTER AMERICAN COMMITTEE ON SCIENCE AND TECHNOLOGY (COMCYT) November 14 15, 2013 Washington, DC EIGHTH REGULAR MEETING OF THE INTER AMERICAN COMMITTEE ON SCIENCE AND TECHNOLOGY (COMCYT) November 14 15, 2013 Washington, DC Dianne Lalla Rodrigues Director, ABBS Chairman, CROSQ Outline of the Presentation

More information

Extra-Regional Relations. (Complementary Note)

Extra-Regional Relations. (Complementary Note) Economic and cooperation relations between Latin America and the Caribbean and the countries of the European Union: Status and prospects ahead of the II CELAC-EU Summit 2015 (Complementary Note) Extra-Regional

More information

Global Arrival Levels

Global Arrival Levels INTRODUCTION Current status - globally and regionally State of the major economies Individual market performance and prospects Cruise Activity in the Caribbean Hotel Performance Airline Capacity Prognosis

More information

The Caribbean and the Post-2015-Sustainable Development Agenda

The Caribbean and the Post-2015-Sustainable Development Agenda The Caribbean and the Post-2015-Sustainable Development Agenda Setting the Scene by Ransford Smith International Development Consultant June 24, 2015. Structure of Presentation What it will Cover Introduction

More information

ANGUILLA VISITOR ARRIVALS 61, % 61.2% VISITOR PROFILE TOURISM AND OTHER RELATED ECONOMIC STATISTICS $ $ $819

ANGUILLA VISITOR ARRIVALS 61, % 61.2% VISITOR PROFILE TOURISM AND OTHER RELATED ECONOMIC STATISTICS $ $ $819 ANGUILLA Visitor Arrival Summary Total visitor arrivals to Anguilla totaled 118.4 thousand in 2010 compared to 112.1 thousand in 2009, an increase of 5.6 percent. Stay-over Arrivals continued to exceed

More information

TRAVEL & TOURISM S ECONOMIC IMPACT

TRAVEL & TOURISM S ECONOMIC IMPACT TRAVEL & TOURISM S 2011 ECONOMIC IMPACT The World Travel & Tourism Council (WTTC), which is the business leaders forum for Travel & Tourism, has spent more than 20 years developing its economic impact

More information

An Assessment of Trade Performance and Competitiveness of OECS Countries

An Assessment of Trade Performance and Competitiveness of OECS Countries An Assessment of Trade Performance and Competitiveness of OECS Countries October 28, 2005 Prepared by Christopher Vignoles for the Caribbean Regional Negotiating Machinery (CRNM) TABLE OF CONTENTS I. Introduction...

More information

Toward a Sustainable Energy Future: A continuing partnership with the Caribbean

Toward a Sustainable Energy Future: A continuing partnership with the Caribbean Toward a Sustainable Energy Future: A continuing partnership with the Caribbean Mark Lambrides Department of Sustainable Development Organization of American States 23 July 2007 The Current Energy Regime:

More information

The Development and Use of the Caribbean Risk Management Guidelines for Climate Change Adaptation Decision Making

The Development and Use of the Caribbean Risk Management Guidelines for Climate Change Adaptation Decision Making The Development and Use of the Caribbean Risk Management Guidelines for Climate Change Adaptation Decision Making Carlos Fuller Regional and International Liaison Officer The Caribbean Community Climate

More information

TRADE AGREEMENTS IN THE CARIBBEAN: ALCOHOL, TOBACCO AND SSB S

TRADE AGREEMENTS IN THE CARIBBEAN: ALCOHOL, TOBACCO AND SSB S TRADE AGREEMENTS IN THE CARIBBEAN: ALCOHOL, TOBACCO AND SSB S Sub-Regional Workshop on Alcohol, Tobacco and Sugar-Sweetened Beverages Taxation, 16 17 May, 2017. Vincent J Atkins Objective This brief presentation

More information

Participating States: Anguilla, Antigua and Barbuda, The Commonwealth of The Bahamas, Barbados, Belize, British Virgin Islands, The Commonwealth of

Participating States: Anguilla, Antigua and Barbuda, The Commonwealth of The Bahamas, Barbados, Belize, British Virgin Islands, The Commonwealth of Participating States: Anguilla, Antigua and Barbuda, The Commonwealth of The Bahamas, Barbados, Belize, British Virgin Islands, The Commonwealth of Dominica, Grenada, Republic of Guyana, Haiti, Jamaica,

More information

David Prendergast Ministry of Foreign Affairs and Foreign Trade 7 September 2011

David Prendergast Ministry of Foreign Affairs and Foreign Trade 7 September 2011 David Prendergast Ministry of Foreign Affairs and Foreign Trade 7 September 2011 Antigua & Barbuda Barbados Belize Dominica Grenada Guyana Jamaica St. Kitts & Nevis St. Lucia St. Vincent & the Grenadines

More information

Climate Change and Tourism A Caribbean Tourism Organization Perspective

Climate Change and Tourism A Caribbean Tourism Organization Perspective Climate Change and Tourism A Caribbean Tourism Organization Perspective Presented by: Gail N. Henry Sustainable Tourism Product Specialist Caribbean Tourism Organization CARIBSAVE Partners Symposium, The

More information

CARIBBEAN DEVELOPMENT BANK

CARIBBEAN DEVELOPMENT BANK CARIBBEAN DEVELOPMENT BANK PRESENTATION TO DONOR MEETING IN SUPPORT OF CCRIF DR. JUSTIN RAM DIRECTOR OF ECONOMICS MARCH 23, 2015 Structure of Presentation Facts and Disaster Risks of Caribbean Countries

More information

TOURIST CRUISE SHIPS AND THE TRADE IN SERVICES: RECENT TRENDS IN COUNTRIES OF THE CARIBBEAN BASIN

TOURIST CRUISE SHIPS AND THE TRADE IN SERVICES: RECENT TRENDS IN COUNTRIES OF THE CARIBBEAN BASIN Issue No. 223, March 2005 TOURIST CRUISE SHIPS AND THE TRADE IN SERVICES: RECENT TRENDS IN COUNTRIES OF THE CARIBBEAN BASIN This issue of the Bulletin reviews the main trends of trade in goods and services

More information

GENERAL INF.1 11 February 2004 ORIGINAL: ENGLISH

GENERAL INF.1 11 February 2004 ORIGINAL: ENGLISH ECONOMIC COMMISSION FOR LATIN AMERICA AND THE CARIBBEAN Subregional Headquarters for the Caribbean in collaboration with CIDA GENDER EQUALITY PROGRAMME UNITED NATIONS DEVELOPMENT FUND FOR WOMEN CARIBBEAN

More information

Feasibility of a Regional Health Insurance Mechanism for Caricom. 6 th Caribbean Conference. Presentation to the. November 23, 2011, Bermuda

Feasibility of a Regional Health Insurance Mechanism for Caricom. 6 th Caribbean Conference. Presentation to the. November 23, 2011, Bermuda Feasibility of a Regional Health Insurance Mechanism for Caricom Presentation to the 6 th Caribbean Conference on Health Financing Initiatives November 23, 2011, Bermuda Presenter: Raphael D. Barrett RDB_DAHCON_6

More information

WATER CHALLENGES AND SOLUTIONS FOR THE CARIBBEAN DR MARTIN FORDE

WATER CHALLENGES AND SOLUTIONS FOR THE CARIBBEAN DR MARTIN FORDE WATER CHALLENGES AND SOLUTIONS FOR THE CARIBBEAN DR MARTIN FORDE RATIONALE Title Summary Why Water Challenges and Solutions for the Caribbean This book provides in one book a comprehensive review of the

More information

WÄRTSILÄ IN CENTRAL AMERICA AND THE CARIBBEAN

WÄRTSILÄ IN CENTRAL AMERICA AND THE CARIBBEAN WÄRTSILÄ IN CENTRAL AMERICA AND THE CARIBBEAN Harri Antikainen Financial Analyst, Project Development Wärtsilä Energy Solutions March 2018 WÄRTSILÄ HAS STRONG PRESENCE IN THE REGION Wärtsilä has a decades

More information

ST. EUSTATIUS. Visitor Arrival Summary

ST. EUSTATIUS. Visitor Arrival Summary ST. EUSTATIUS Visitor Arrival Summary Tourist Arrivals (excluding Antilleans) to St. Eustatius increased by 2.5 percent to reach a total of 12.0 thousand in 2009. A strong summer season (up 6.7 percent)

More information

Compete Caribbean Program Jose Jorge Saavedra

Compete Caribbean Program Jose Jorge Saavedra Compete Caribbean Program Jose Jorge Saavedra Private Sector Development, Lead Specialist Executive Director of the Compete Caribbean Program Inter-American Development Bank May 10th, 2012 FACTS AND FIGURES:

More information

ST. EUSTATIUS. Sea Arrivals ( Summer ( Winter Yacht Arrivals 11, % 32.1%

ST. EUSTATIUS. Sea Arrivals ( Summer ( Winter Yacht Arrivals 11, % 32.1% ST. EUSTATIUS TOURISM HIGHLIGHTS FOR 2007 VISITOR ARRIVALS Tourist Arrivals I ( Summer* ( Winter* 11,568 67.9% 32.1% Sea Arrivals ( Summer ( Winter Yacht Arrivals 5,858 48.5% 51.5% 707 ACCOMMODATION STATISTICS

More information

Issue Brief AN ANALYSIS OF TRADE FLOWS BETWEEN PUERTO RICO AND CARICOM 1. THE REGIONAL AND HISTORICAL FRAMEWORK

Issue Brief AN ANALYSIS OF TRADE FLOWS BETWEEN PUERTO RICO AND CARICOM 1. THE REGIONAL AND HISTORICAL FRAMEWORK Issue Brief AN ANALYSIS OF TRADE FLOWS BETWEEN PUERTO RICO AND CARICOM 1. THE REGIONAL AND HISTORICAL FRAMEWORK The Commonwealth of Puerto Rico covers an area of 9,104 square kilometres with a population

More information

UNFCCC Expert Meeting on Loss and Damage

UNFCCC Expert Meeting on Loss and Damage UNFCCC Expert Meeting on Loss and Damage Small Island Developing States Group Barbados October 9 11, 2012 CARIBBEAN COMMUNITY CLIMATE CHANGE CENTRE The CCCCC CARICOM Specialised Institution Coordinating

More information

Caribbean Youth Policy Review

Caribbean Youth Policy Review Caribbean Youth Policy Review Presentation to the Caribbean Forum on Population, Youth and Development July 24, 2018 Caribbean youth policy review Key findings Context Methodology Participating countries

More information

drs Raymond Jessurun AI Conference Policy and Campaining

drs Raymond Jessurun AI Conference Policy and Campaining drs Raymond Jessurun AI Conference 2014 - Policy and Campaining 1. awareness and advocacy to prioritize dementia 2. globalization policy achievements ADI 3. awareness alliance with Rotary Club of Sint

More information

CARIBBEAN TOURISM ORGANIZATION TOURIST ARRIVALS FROM EUROPE

CARIBBEAN TOURISM ORGANIZATION TOURIST ARRIVALS FROM EUROPE BBEN TUS GNZTN TUST VLS F EUPE Notes to Tables The following symbols and conventions are used throughout this report: - New series evised Fiscal Provisional Non-esident ir rrivals only T Estimate ncludes

More information