ROUNDTABLE TRINIDAD AND TOBAGO: Oiling the cogs

ROUNDTABLE TRINIDAD AND TOBAGO: Oiling the cogs

Among Caribbean economies, Trinidad and Tobago stands out. The country has benefitted from an economy based on oil and gas, which has proved stable over the years of global stagnation — in contrast to its agriculture and tourism-dependent neighbors. The country has escaped debt restructurings stemming from heavy international financial burdens, another problem that has plagued economies in the region. And, since overtaking the Bahamas in 2011, the country is the Caribbean economy that receives the second highest volume of foreign direct investment. Dominican Republic tops it marginally, according to UN data. (Financial hubs British Virgin Islands and the Cayman Islands, which lead the Caribb

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial