Country Report Virgin Islands (British) December 2008
| Publication Date | December 2008 |
|---|---|
| Publisher | EIU |
| Product Type | Report |
| Pages | 16 |
| ISBN Number | not applicable |
| Product Code | EIU00886 |
Buy this product or for assistance call +44 20 7060 7474
Summary
Review
With the global economic slowdown likely to affect key sectors, such as tourism, construction and financial services, the domestic economic outlook is poor for 2009. The government continues to struggle to bring the crime rate under control. The BVI formalised Tax Information Exchange Agreements (TIEA) with the UK and Australia in the past quarter. Despite falling demand from its main markets, the US and the UK, the tourism sector performed relatively well in the first seven months of 2008.
This report covers the following industry codes:
SIC Code: 60;70;10
NAICS Code: 52;72;212
Content
- Summary
- Political structure
- Economic structure: Annual indicators
- Review: BVI braces for impact of global slowdown in 2009
- Review: Police to receive training amid rising murder rate
- Review: Tax treaties agreed with the UK and Australia
- Review: Stopover arrival growth remains weak
- The region: Summary
- Outlook for 2009-10: Several Caricom countries have elections ahead
- Outlook for 2009-10: Drug-trafficking will remain a major security concern
- Outlook for 2009-10: Regional integration will advance slowly
- Outlook for 2009-10: Public finances will remain under strong pressure
- Outlook for 2009-10: The tourism sector will be hit by the US downturn
- Outlook for 2009-10: Tighter global liquidity threatens mining investments
- Outlook for 2009-10: Financial sectors' performance will vary across the region
- Recent developments: A new trade framework is agreed with the EU
- Recent developments: Caribbean leaders assess impact of Obama presidency
- Recent developments: Discussions on expanded integration continue
- Recent developments: Overactive hurricane season has lasting economic impact
- Recent developments: The outlook for tourism is bleak
- Recent developments: Airlines adjusting services to reflect changes in demand
- Recent developments: Cruise arrivals performance remains mixed
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