Caribbean West Business Forecast Report Q1 2008

Publication Date	November 2007
Publisher	Business Monitor
Product Type	Report
Pages	39
ISBN Number	1745-0543
Product Code	BMI01218

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£375.00
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Summary

Business Environment The local tourism industry should be relatively unaffected by the recent tropical storms, according to the national association for hotels and restaurants. Most of the damage incurred was in the country's central and southern regions, whereas major hotels operating in the north east remain open for business.

Despite these assertions, we expect a moderation in fourth quarter tourism figures as a result of the flooding, which could have a downward effect on the country's overall economic growth in 2007. Tourism accounts for approximately one quarter of gross domestic product.

Content

BMI Ratings - West Caribbean
BMI Risk Ratings - Latin America Chapter 1: Country Reports
Dominican Republic
Political Outlook
Waiting On Standby
While we expect the government to extend its standby agreement with the IMF for the eighth successive time in
January, this scenario is far from assured given the upcoming general election in 2008.
Economic Outlook
Currency Forecast: Short-Term Outlook
Key Sector
WiMAX Booming In Dominican Republic
Jamaica
Political Outlook
JLP Edges Narrow Victory
People's National Party leader Portia Simpson-Miller has finally conceded defeat in September's general election,
paving the way for Bruce Golding's Jamaica Labour Party to form its first government since 1989.
Economic Outlook
Slow Progress Post-Dean
Three months on, Jamaica is still feeling the effects of Hurricane Dean, which hit the Caribbean in late August.
Key Sector
Taking Care Of Business
Jamaica's business environment score in our newly updated ratings is below par. We believe that the new
government must look to improve the island's tax jurisdiction in order to keep pace with its regional peers in
the medium term.
Puerto Rico
Political Outlook
Status State Of US
In late October, for the first time in nearly a decade, the House Natural Resources Committee of the US Congress
voted in favour of legislation to provide for a federally sanctioned process of self-determination for Puerto Rico.
Economic Outlook
More Hard Times Ahead
In light of preliminary estimates of a 1.5% contraction in gross product (GP), our concerns about a possible
Puerto Rican recession in fiscal year 2007 appear to be spot on.
Key Sectors
Construction Concerns Linger On
Puerto Rico's construction sector has been unable to pull itself out of depression in 2007, and the outlook for
2008 does not bode well, in our view.
Business Monitor International Ltd
WEST CARIBBEAN Q1 2008
Chapter 2: Country Summaries
Bahamas
Belize
Bermuda
Caymans
Haiti
Cuba
Turks & Caicos Islands
Chapter 3: Special Report
Negative Oil Price Shock Scenario
Introduction
List of Tables
- Table: Selected Caribbean Countries - Macroeconomic Data And Forecasts
- Table: Dominican Republic - Economic Activity
- Table: Economic Activity
- Table: Puerto Rico: Historical Data And Forecasts
- Table: The Bahamas - Historical Data And Forecasts
- Table: Belize - Historical Data And Forecasts
- Table: Bermuda - Historical Data And Forecasts
- Table: Cayman Islands: Historical Data And Forecasts
- Table: Haiti - Historical Data And Forecasts
- Table: Cuba - Macroeconomic Data And Forecasts
- Table: Turks & Caicos Islands - Historical Data And Forecasts
- Table: Top 10 Energy Producers, Consumers And Importers
- Table: % Point Changes To Base Forecasts From A Downward Oil Price Adjustment Scenario

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Product features / use

Scope	Expert Insight/Opinion
Level	General Industry Strategies
Data	Detailed Market Forecasts
Profiles	Profiles of Key Companies
Features	Contains SWOT Analysis
Extra Info	Consumer Trends Highlighted