Economy / Barbados
If you would like to subscribe to Caribbean Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Caribbean Monitor please click on the trial link below.
Downgrading Our Economic Forecasts
July 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Caribbean Monitor and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Caribbean Monitor please click on the trial link below.
BMI View: As a result of high international commodity prices and slower global growth, Barbados is suffering from classic small island syndrome. Economic data for H108 disappointed, and things are unlikely to improve significantly in the H208. As such, we have downgraded several of our key macroeconomic assumptions and warn that the island's economy could struggle to keep its head above water should tourism receipts start to dry up.