Cautious Optimism

Cautious Optimism


The Caribbean economy is booming, with rapid growth led by the Dominican Republic, which this year expects its tourism-fed economy to expand by between 7% and 9%. Virtually every other country in the region will also see rapid growth. Among the best-performing in 2007, according to FirstCaribbean International Bank, are Trinidad & Tobago (6%) and Barbados (5%). In Cuba, where the Castro regime claimed 12% GDP growth last year, caretaker leader Raúl Castro is calling for increased foreign investment and a crackdown on inefficiency and corruption in the state-controlled economy. Even Haiti – the poorest country in the Western Hemisphere – will see its shattered economy grow by

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