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Caribbean & Central America - November 2013 (ISSN 1741-4458)
BARBADOS: Struggling to return to growth
The pattern of political power in Barbados is for the two main parties to enjoy lengthy alternative spells in power. The ruling Democratic Labour Party (DLP) had the misfortune to begin its current spell in power in 2008, and it only just held on against the Barbados Labour Party (BLP), by 16 seats to 14, to gain a second term in office in this year’s general election in February. The electorate preferred Prime Minister Freundel Stuart’s unexciting pledge of ‘stability through austerity’ to the BLP’s more expansionist ideas. The problem for Stuart is that the Barbados economy remains one of the worst performing in the region, and there is even talk of turning to the International Monetary Fund (IMF) for help.
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- DOMINICAN REPUBLIC: Key backing for Medina’s strategic energy sector plans
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