Caribbean - The Banker

The president of the Inter-American Development Bank - the international body which supports the growth of Latin America and the Caribbean - outlines his short-term and long-term priorities. Writer Silvia Pavoni

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On top of the economic slowdown, Trinidad has other matters to contend with, including the government bail-out of its largest insurance company, Clico, and the acquisition of its second largest bank, RBTT, by Royal Bank of Canada. Writer Brian Caplen

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At their annual meeting last month, the Caricom heads of state struggled to make headway on trade and immigration restrictions, although one issue which was met with unanimity was climate change. Writer Brian Caplen

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The currency union of the Organisation of East Caribbean States is eyeing additional members and full economic union status. The prime minister of St Vincent and the Grenadines ponders the future of the OECS and its impact on the wider Caricom group of countries. Writer Brian Caplen

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Guyana's president laments the lack of consideration for smaller countries among the G-20 nations, and calls for a change in the relationship between international financial institutions and countries such as his. Writer Brian Caplen

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The Guyanese government is looking to the small South American country's vast, untouched rainforests as a means of promoting eco-friendly development. Writer Brian Caplen

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Unimpressed by the lack of representation for the world's smaller nations at the G-20 summit in London in April, Barbados' prime minister David Thompson took it upon himself to visit the city and tell the world of the plight of his country and others in the Caribbean. Writer Hugh O' Shaughnessy

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The countries of the Caribbean have so far avoided the worst of the global slowdown, in part due to the region's steadfast regulatory discipline, but also because of the conservative approach adopted by the Canadian banks that dominate the area's financial sector. Writer Jane Monahan

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Will Trinidad and Tobago become the Caribbean’s next international financial centre? And how will the islands’ economy survive lower energy prices?

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Research shows that Trinidad & Tobago’s top four banks represent a tropical haven from the credit crisis, thanks to its strong growth and concentrated commercial banking market. Writer Keith Collister.

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Jamaica’s banks are not too worried about the global credit crunch as the sector shows full recovery from the 1990s crisis, Keith Collister reports.

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The Dominican Republic has made a startlingly fast return to financial good health but concerns over governance and unemployment remain. Jules Stewart explains.

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Héctor Valdez Albizu, governor of the Central Bank of the Dominican Republic, tells Jules Stewart how controlling the money supply has led to financial stability.

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Diversification continues to be a hallmark of the Dominican economy and this, along with prudent financial management, helps explain the country’s marked turnaround, says John McCarthy.

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With presidential elections in 2008, the political scenario is lively, but any new government will want to lock in economic improvements.

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Although the Dominican Republic has adopted a pragmatic policy of dealing with whoever furthers the national interest, the US will remain its most important partner.

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A swift and sizeable capital injection by shareholders into ailing Banco del Progreso showed the private sector values the maintenance of a sound financial reputation.

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The number of banks in the Cayman Islands may have dropped after recent rationalisation but their combined assets are flourishing, writes James Eedes.

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Barbados premier Owen Arthur tells James Eedes what lies behind his economic policies, which he continues to follow against the advice of the IMF.

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St Kitts and Nevis is taking steps to sustain stable growth, benefit from regional integration and develop the financial sector. Prime minister Denzil Douglas talks to James Eedes.

St Kitts and Nevis is small. The eastern Caribbean twin island-state is home to a population of about 40,000 and has an economy valued at just over $420m.

Like other countries in the Caribbean, it has been buffeted by a series of external shocks – hurricanes and the 9/11 terror attacks, for instance – as well as changing global economic dynamics, such as trade liberalisation that has resulted in the loss of key trade preferences.

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