• Agriculture

    OBG investigates the key pressures and developments affecting local agriculture, particularly where a country is dependent on plantations or forestry to maintain GNP. It also highlights the output trends and technological advances in areas such as irrigation techniques and land reclamation.
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Morocco’s economy is poised to continue along its trajectory of economic growth, but GDP expansion rates will depend on the policy choices made by the government. Although estimates by the IMF project that annual growth rates will reach 4.5% in 2024, there is still the matter of ensuring that GDP growth translates into improving conditions across all segments of the population.

Trinidad and Tobago’s commodity-fuelled growth throughout the second half of the 20th century resulted in agriculture becoming moderately less economically important. As the energy sector gradually grew in prominence, Trinbagonians gravitated away from traditional farming jobs and towards more highly skilled professions. This led to a downturn in the production of traditional...

What can be done to boost production and tap into the islands’ agricultural potential?

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. Furthermore, both...

Chapter | Agriculture from The Report: Trinidad & Tobago 2020

Agriculture still lags behind other sectors and continues to be overshadowed by the energy-driven economy. However, strides have been taken in the areas of training and farm development. The dip in energy prices leading to the 2015 recession emphasised that economic diversification is paramount to the stability of the Trinidad and Tobago economy. Moreover, the high produce import bill needed...

Trinidad and Tobago is the largest producer of oil and gas in the Caribbean. While there is a need to diversify the economy away from its dependence on hydrocarbons, a number of new discoveries in late 2019 appear set to support a short-term recovery in the energy sector and lend financing to the wider economy.

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