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dc.titleCaribbean Economics Quarterly: Volume 15, Issue 2: How are External Forces Impacting Growth, Trade, and Investment in the Caribbean?
dc.contributor.authorMercer-Blackman, Valerie
dc.contributor.authorGraham, Monique
dc.contributor.authorSaboin, José Luis
dc.contributor.authorMazzocca, Angelo
dc.contributor.authorOrtiz de Mendívil, Cloe
dc.contributor.authorMitchell, Travis Klaus
dc.contributor.authorHussain, Lisa
dc.contributor.authorGauto, Victor
dc.contributor.authorIvey, Wendel Garfield
dc.contributor.authorCastilleja Vargas, Liliana
dc.contributor.authorOkey, Onoh-Obasi
dc.contributor.authorSatnarine-Singh, Nirvana
dc.contributor.editorMercer-Blackman, Valerie
dc.contributor.editorGraham, Monique
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageBarbados
dc.coverageGuyana
dc.coverageJamaica
dc.coverageTrinidad and Tobago
dc.coverageSuriname
dc.coverageBahamas
dc.coverageThe Caribbean
dc.coverageNorth America
dc.coverageLatin America
dc.date.available2025-12-23T00:12:00
dc.date.issue2025-12-23T00:12:00
dc.description.abstractThis edition of the Caribbean Economics Quarterly reviews global and U.S. policy shifts, commodity market trends, and their impact on six Caribbean economies: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. Despite global volatility and U.S. trade policy changes, the region has shown resilience, with growth driven by tourism in The Bahamas and Barbados, oil production in Guyana, and stable non-energy sectors in Suriname and Trinidad and Tobago. U.S. tariffs affected less than 5% of Caribbean exports, but indirectly there could be other effects through the channels of weakening U.S. labor markets, cautious investment, inflationary pressures, and supply-chain disruptions. Commodity prices are expected to decline, easing import costs but moderating Guyana's oil boom. Hurricane Melissa caused severe damage in Jamaica, weighing on regional growth. Opportunities lie in tourism diversification, renewable energy, technology-driven investment, and continued oil expansion in Guyana and Suriname, supported by geographic trade diversification.
dc.format.extent52
dc.identifier.doihttp://dx.doi.org/10.18235/0013882
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Caribbean-Economics-Quarterly-Volume-15-Issue-2-How-are-External-Forces-Impacting-Growth-Trade-and-Investment-in-the-Caribbean.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectInvestment
dc.subjectIntegration and Trade
dc.subjectTariff System
dc.subjectFinance
dc.subjectTourism
dc.subjectPetroleum
dc.subjectCommodity Export
dc.subjectTrade Impact
dc.subjectDevelopment Impact
dc.subjectEconomic Impact
dc.subjectForeign Direct Investment
dc.subjectEnergy Resource
dc.subjectNatural Disaster
dc.subjectImport
dc.subjectExport
dc.subjectTrade in Services
dc.subjectTrade in Goods
dc.subjectClimate Finance
dc.subject.jelcodeE00 - Macroeconomics and Monetary Economics: General: General
dc.subject.jelcodeE60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
dc.subject.jelcodeF01 - Global Outlook
dc.subject.jelcodeF13 - Trade Policy • International Trade Organizations
dc.subject.jelcodeF32 - Current Account Adjustment • Short-Term Capital Movements
dc.subject.jelcodeF41 - Open Economy Macroeconomics
dc.subject.jelcodeF62 - Macroeconomic Impacts
dc.subject.jelcodeH30 - Fiscal Policies and Behavior of Economic Agents: General
dc.subject.jelcodeH62 - Deficit • Surplus
dc.subject.jelcodeH68 - Forecasts of Budgets, Deficits, and Debt
dc.subject.jelcodeO10 - Economic Development: General
dc.subject.jelcodeO11 - Macroeconomic Analyses of Economic Development
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeP45 - International Trade, Finance, Investment, and Aid
dc.subject.jelcodeQ02 - Commodity Markets
dc.subject.jelcodeQ20 - Renewable Resources and Conservation: General
dc.subject.jelcodeQ30 - Nonrenewable Resources and Conservation: General
dc.subject.jelcodeQ40 - Energy: General
dc.subject.jelcodeZ32 - Tourism and Development
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberIDB-JN-00430
idb.operationRG-P1854
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