Despite intense market volatility in September, the Caribbean country was able to raise $500 million with a debut global bond. The issue is an effort to develop the Dominican Republic’s yield curve.
Category: Caribbean
Putting Wealth to Work
Oil revenues have made Trinidad & Tobago a rich little country and exporter of capital. The government’s challenge is to channel some of that money into the local economy.
Reinventing Belize
Twenty years after gaining independence from the UK, Belize is struggling to define itself while dealing with mounting debts. It is also trying to diversify its agricultural-based economy.
Betting on the High Rollers
Belize is looking to diversify away from traditional agricultural exports to manufactures and Internet-based services. Online gaming could be a lucrative niche.
Early-Stage Banking
With a lack of foreign exchange, international regulatory pressure and shortage of bankable risks, Belize’s young banking system still has serious deficits.
Islands of Plenty
The Caribbean republic of Trinidad & Tobago has created a vibrant capital market that seeks to act as a regional banking center, serving public – and priavte – sector institutions.
Making Belize Accessible
Hurricane Keith shattered Belize last year. The country is now beefing up its infrastructure and revamping its ports to facilitate trade and attract investment.
Bailing Out the Banks
The government is cleaning up the banking system, but Jamaicans are still paying a heavy price for botched financial liberalization in the 1990s.
Sun, Sand, Sea and Software
Jamaica wants to become the silicon island of the Caribbean. Tourism has spawned a vibrant services industry and the country hopes today’s call center employees will be tomorrow’s programmers.
The Island of Renewal
Jamaica is shaking off years of recession and the effects of a severe banking crisis. But the country still must deal with a debt mountain and a difficult business climate.
