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Trinidad & Tobago Economic Research Highlights

Report: Is Trinidad and Tobago prepared for its green energy transition?

In the aftermath of the Covid-19 pandemic and on the back of high global energy prices, Trinidad & Tobago is set to grow over 50% faster than the global average for 2022.

Report: How Trinidad and Tobago has adapted its digitalisation strategy

Trinidad and Tobago's pre-pandemic ICT policy included an ambitious digitalisation drive to foster economic development and advance digital government. However, the onset of the pandemic gave the country a fresh impetus to develop its digital ecosystem and roll out innovative solutions to respond to the crisis.

Trinidad & Tobago: Recovery Roadmap Reports

Covid-19 Recovery Roadmap

Report: How Trinidad and Tobago's economy stands to benefit from the transition away from cash

Despite the adoption of new technologies across a variety of industries prior to the pandemic, studies pointed to Trinidad and Tobago's dependence on cash as a significant factor limiting potential economic growth.

Covid-19 Recovery Roadmap

Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago

Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy.

Covid-19 Recovery Roadmap

Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?

The petrochemicals and logistics sectors have been some of the most exposed industries in Latin America and across the world during the past 13 months.

Report: How Trinidad and Tobago's economy stands to benefit from the transition away from cash
Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
Report: What is the outlook for growth for Latin America’s petrochemicals and logistics sectors?
 

Covid-19 Research & Views - Trinidad & Tobago

Economic Update

Banking in Trinidad and Tobago: will Covid-19 spur a shift to fintech?

Earlier this year, Trinidad and Tobago was looking relatively resistant to the worst effects of the coronavirus pandemic. However, given that oil and tourism are two of the main contributors to GDP – with a 45% and 7.6% share, respectively, in 2018 – T&T is beginning to feel the economic pinch. In response, policymakers have deployed a variety of fiscal and monetary policy tools, supported by the country's banks.


Economic Update

Covid-19 and nearshoring: which Latin American countries are set for a boom?

‘Nearshoring’ – whereby companies shift their offshore production capacities closer to home – is experiencing significant growth in Latin America amid the coronavirus pandemic.


Economic Update

Food security and Covid-19 in Trinidad and Tobago

As global supply chains become increasingly fragmented amid the spread of Covid-19, the discourse around food security in Trinidad and Tobago is being reinvigorated.


CEO Survey

Creative disruption: How CEOs expect Covid-19 to reshape business in the region

While Latin America as a whole has struggled to extend the growth and productivity gains it made in the early 2010s, it still remains an appealing and dynamic region to do business.


Economic News

Has Covid-19 upended the global labour market?

From lockdowns to remote work and widespread job losses, the Covid-19 pandemic has dramatically changed the way people work. These interruptions are likely to have a significant impact on the global labour market well into the future.


OBG Talks

How is Covid-19 accelerating structural changes across Latin American economies?

One of the last regions in the world to be affected by the Coronavirus pandemic, Latin America's reported Covid-19 case and death numbers have grown steadily since late February.


Trinidad & Tobago: Economic Analysis

Interview

Allen Chastanet, Prime Minister of St Lucia: Interview

On building regional integration and opportunities post-Brexit

Economic Analysis

Trinidad and Tobago builds on successes of neighbouring stock exchanges

The Trinidad and Tobago Stock Exchange (TTSE) is the largest and among the most important stock markets in the Caribbean.

Economic Analysis

Trinidad and Tobago look to public-private partnerships to address infrastructure deficit

While public-private partnerships (PPPs) have been used to finance projects in Trinidad and Tobago since the 1990s, the model formally gained institutional backing in 2011 with the creation of a specific policy unit, known as the PPP Unit, which operates within the Investments Division of the Ministry of Finance.

Economic Analysis

Trinidad and Tobago positions itself as regional centre for liquefied natural gas bunkering

In recent years Trinidad and Tobago’s maritime industry has witnessed changes that are sending ripples around the globe.

Economic Analysis

Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago

Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural production and a climate that facilitates the cultivation of a number of cocoa hybrids, the sector has long been earmarked as a potential driver of growth.

Allen Chastanet, Prime Minister of St Lucia: Interview
Trinidad and Tobago builds on successes of neighbouring stock exchanges
Trinidad and Tobago look to public-private partnerships to address infrastructure deficit
Trinidad and Tobago positions itself as regional centre for liquefied natural gas bunkering
Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago
 

The Report: Trinidad & Tobago 2020

Trinidad and Tobago is the largest producer of oil and gas in the Caribbean; however, like many hydrocarbon-producing nations worldwide, the slump in global energy prices beginning in 2014 negatively affected broader growth. While there is a need to diversify the economy away from its dependence on hydrocarbons, a number of new oil and gas discoveries in late 2019 appear set to support a short-term recovery in the energy sector and lend financing to the wider economy.

ESG CEO Survey: Is the board room getting greener?

Across government departments, corporate board rooms and management meetings, the implementation of environmental, social and governance (ESG) strategies is at the forefront of current planning. It is not just a symbolic tick in the box either.

ESG Intelligence & Analysis - The Caribbean and beyond

Economic View

Mark Loquan, President, National Gas Company of Trinidad and Tobago (NGC)

On the oil and gas industry’s transition to sustainability


Economic News

Report: The role of sustainability in post-pandemic tourism diversification in the Bahamas

Small island nations like the Bahamas that rely heavily on tourism revenue have experienced particular challenges when it comes to their post-pandemic recovery. However, development strategies based on sustainable approaches – including green, blue and orange economy initiatives – have the potential to generate reliable sources of revenue and value addition in the years ahead.


Economic News

How can the tourism industry achieve net zero?

The global tourism industry – which accounted for 10% of GDP yet 8% of global emissions in 2019 – is faced with the challenge of ensuring continued growth while at the same time working towards net-zero emissions goals.


Economic News

Who are the biggest winners in the G20’s debt-relief programme?

The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives?


Economic News

The circular economy: blueprint for a sustainable future in Latin America?

As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth.


Beyond T&T: Reports from the Americas

Transformation Report

How has public-private collaboration boosted digital and cash transformation in the Bahamas?

Public-private collaboration aimed at boosting digital payments and reducing cash usage in the Bahamas has made gains in a relatively short timeframe

Focus Report

Focus Report: How Mexico’s digital economy benefits from North American regional integration

Amid an uncertain global economic outlook, Mexico has positioned itself as a strategic centre of production, innovation and consumption in the digital economy.

Covid-19 Response Report

Report: What investments is Colombia making to digitalise its economy?

Digital acceleration trends are transforming the global economy. Along with a need to diversify exports away from oil, Colombia is investing in technology and digital solutions to boost productivity and competitiveness.

Covid-19 Response Report

Report: How Mexican industry can capitalise on shifting supply chains and trade patterns

Mexico has rebounded swiftly from the pandemic as economic activity resumed and the country became the first in Latin America to begin a mass vaccination programme.

Covid-19 Response Report

Report: What role can digital investments play in accelerating growth in Peru’s key industries?

The economic value of new digital technologies is pushing key Peruvian sectors to implement a range of digital strategies and investments to increase operational efficiency and transform their relationships with customers and clients.

How has public-private collaboration boosted digital and cash transformation in the Bahamas?
Focus Report: How Mexico’s digital economy benefits from North American regional integration
Report: What investments is Colombia making to digitalise its economy?
Report: How Mexican industry can capitalise on shifting supply chains and trade patterns
Report: What role can digital investments play in accelerating growth in Peru’s key industries?
 
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