Daily Archives: December 23, 2011

Caribbean Christmas blues – By Sir Ronald Sanders

Caribbean Christmas blues

Considerable worry about the prospects for 2012 has made this Caribbean Christmas blue.

By Sir Ronald Sanders

Barbados, Thursday December 22, 2011 – Caribbean people are fun-loving and at Christmas they particularly enjoy celebration in the spirit of the Season.  A brave attempt has been made by many throughout the region to maintain that spirit this year.  But, across the Caribbean, it is a blue Christmas that not even the reduced Christmas lights and decorations can dispel.  In the majority of countries, the poor economic conditions are the principal cause of gloominess; in others, political uncertainty is also a factor.

With the exception of Guyana and Suriname, the economies of every one of the 15 Caribbean Community (CARICOM) countries experienced either a contraction of its economy or negligible growth in 2009 and 2010.  This year has proven to be no better.  Continue reading