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Country Report Cayman Islands

Publication Date June 2008
Publisher EIU
Product Type Report
Pages 16
ISBN Number not applicable
Product Code EIU00087
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Summary

Review

Talks have continued over constitutional reform, proposals for which the government submitted in January for public debate. Allegations of police misconduct have led to the suspension of several high-ranking members of the police service. The process to open energy generation to competitive tendering will begin later this year, with a new generating company expected to be producing electricity by 2011.

Content

  • Summary
  • Political structure
  • Economic structure: Annual indicators
  • Review: The constitutional referendum is postponed
  • Review: Allegations of misconduct in the police service
  • Review: Electricity generation to open to competition
  • The region: Summary
  • The region: Several Caricom countries have elections ahead
  • The region: Drug-trafficking will remain a major security concern
  • The region: Regional integration will advance slowly
  • The region: Public finances will remain under strong pressure
  • The region: The tourism sector will be hit by the US downturn
  • The region: EU trade adjustments pose challenges
  • The region: High prices support mining investments
  • The region: Financial sector's performance will vary across the region
  • The region: Caricom acts on security measures
  • The region: Energy prospects raise interest in maritime boundaries
  • The region: Brazil is newest member of the Caribbean Development Bank
  • The region: Agreement with EU to be signed by end of July
  • The region: WTO rules in favour of US on EU banana policy
  • The region: Caricom to begin trade negotiations with Canada
  • The region: COTED suspends external tariffs in bid to ease inflation
  • The region: Tourism performance strong despite US downturn

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