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Latin American Economy & Business - June 2016 (ISSN 1741-7430)
The Bahamas: Facing problems on two fronts
The report from the IMF’s latest Article IV consultation with the government of the Bahamas highlights problems on two fronts. In the tourism sector, it is not clear who will invest the US$1bn needed to make the Baha Mar mega-resort operational. In the financial sector, the erosion of correspondent banking relationships – a problem across much of the region – has resulted in an unemployment rate of about 30%, or around twice the national average.
- What is PPK’s economic game plan?
- Region: Pacific Alliance and Mercosur: getting friendly?
- Brazil: Which way for the economy?
- Panama: Wider canal underpins growth outlook
- Cuba Mixed signals on SMEs
- The Bahamas: Facing problems on two fronts
- Puerto Rico: Waiting for PROMESA
- Region: FDI – downtrend to persist
- Guatemala: The TCQ story
- Mexico: Invulnerable to risk aversion
- Region: Corporate Radar
- Colombia: Hopes for peace and prosperity
- Mexico: The curious case of Mexico’s falling car exports