Tough Choices Ahead

BMI View: Barbados President Freundel Stuart will walk a rough path in 2012, as his administration is caught between the need to shrink the country's fiscal deficit and the risk of choking off an already anaemic economic growth story. We expect political tensions to heighten ahead of the January 2013 parliamentary elections, with the possibility of an uptick in social unrest if the government is forced to implement harsh austerity measures.

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