ASINA KOSNAN TA BAI CARIBBEAN ECONOMIC PERFORMANCE 2012/13 Faster economic growth is projected for 13 of 16 Caribbean countries. The exceptions are Belize and Curacao where the growth rate is expected to decelerate and Suriname where no change is expected. In several countries, however, only minimal improvement is forecast. World economic growth, especially in major trading partners of Caribbean countries, will be an important influence on economic growth prospects in the Caribbean. The International Monetary Fund forecasts moderate GDP growth in advanced economies, including the US, UK and Canada. Economic growth resurgence is projected to be stronger among some leading emerging economies, notably Brazil, China and India. However, these trends are unlikely to provide a major boost to Caribbean economies because there is currently limited export orientation towards those countries and apart from China there is little inward flow of foreign direct investment and bilateral aid. caribseeklife/index.php/caribbean-magazine/trinidad-and-tobago-magazine/item/190-caribbean-economic-performance-in-2012-and-prospects-for-2013
Posted on: Mon, 10 Jun 2013 00:46:53 +0000
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