New Growth Drivers Needed

Economic growth for the Cayman Islands looks set to come in on target for our forecast of a subdued 1.0% real GDP growth in 2011 and 1.5% in 2012. Weak tourism, poor private sector credit growth and an offshore financial services sector with an uncertain future fortify our outlook for tepid growth over the coming years.

To read the full article, please choose one of the following options: