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Showing posts with the label Caribbean Countries

Caribbean Economies in the Era of COVID-19.

Pandemics, natural disasters exacerbated by climate change, have dramatically altered the way, that Caribbean economies conduct business and interact with international actors, in the trade, commerce, and tourism fields. A recent World Bank report, April 12, 2020, highlighted some of the pros and cons of doing business in this ‘crisis’ environment. What follows is a Caribbean centric perspective, which considers the unique position, of Sint Martin as a so-called ‘hub’, in a Caribbean context. This analysis also examines the post-colonial relationship of the Netherlands vis a vis Sint Martin, which relationship taints every aspect of Sint Martin’s foreign policy efforts, to the detriment of the island and its people. The World Bank report noted that because of global travel restrictions, in light of COVID 19: ‘ Air traffic has fallen to a trickle. The resulting collapse in tourism will severely affect countries in the Caribbean basin’.   The report further stated that the f...

Cuba is an imminent competitor.

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Friday 25 March 2016.  By Sir Ronald Sanders.   US President Barack Obama about to sample a Havana cigar in Cuba. My commentary this week is an expanded version of a response I gave to a Jamaican journalist who asked me: what are the implications for Jamaica and the wider Caribbean of US President Barack Obama’s visit to Cuba and the opening-up of the Cuban market?   President Obama did the right thing by beginning the end of a failed US policy of trying to isolate Cuba.  The failed policy is not yet ended.  It should be recalled that the trade embargo against Cuba is still on the statute books of the US and it can only be changed by Congress.   While in Cuba on 21 and 22 March, Obama himself admitted that “the bulk of changes that have to be made with respect to the embargo are now going to rely on Congress”.   By executive action, Obama has gone almost to the limits of what he can do.  As he explained: “The list of things that...