Economic survey of the Caribbean, 2007-2008

Abstract

This survey provides an overview of the economic performance of countries of the Caribbean Development and Cooperation Committee (CDCC) for the year 2007 and their outlook for 2008. The report consists of three chapters. The first chapter provides a regional analysis of the main economic indicators from a comparative perspective starting with a brief discussion of the principal events in the world economy. The second chapter deals with two selected topics that are pivotal for the economic development of Caribbean countries, namely public debt sustainability and competitiveness in the tourism sector. The last chapter presents country briefs with the main macroeconomic developments in 2007 and the outlook for 2008.