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Economic Survey of the Caribbean 2016. Economic recovery in the Caribbean: the dichotomy of the goods and services economies

Author

Listed:
  • Alleyne, Dillon
  • Hendrickson, Michael
  • McLean, Sheldon
  • Doorgadeen, Roberta
  • Pantin, Machel
  • Skerrette, Nyasha

Abstract

Low commodity prices in the Caribbean region have negatively impacted the economic growth of commodity exporting economies. Growth among the service producers averaged 1.6 per cent in 2015 but is projected at 2.5 per cent by year end in 2016. The region also struggles with high unemployment of 15.2 per cent in 2015.

Suggested Citation

  • Alleyne, Dillon & Hendrickson, Michael & McLean, Sheldon & Doorgadeen, Roberta & Pantin, Machel & Skerrette, Nyasha, 2017. "Economic Survey of the Caribbean 2016. Economic recovery in the Caribbean: the dichotomy of the goods and services economies," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 40939, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col033:40939
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