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Topic: Economy of Barbados


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In the News (Sat 2 Jun 12)

  
  Barbados Economy | barbados-guide.info
The economy of Barbados has traditionally relied upon the cultivation of sugar.
The decline in tourism after the terrorist attacks of September 11, 2001 caused a slowdown in the economy of Barbados.
The government in Barbados actively works to improve its economy and the lives of its citizens by promoting foreign travel and investment on this beautiful island.
barbados-guide.info /past.and.present/economy   (434 words)

  
 Barbados - Search View - MSN Encarta
Barbados is known for its white sand beaches and for the coral reefs that fringe the island on three sides.
The population of Barbados (2006 estimate) is 279,912.
Barbados is one of the most densely populated countries in the world, with an average population density of 651 persons per sq km (1,686 per sq mi).
encarta.msn.com /text_761554958__1/Barbados.html   (2796 words)

  
 Barbados - Facts, Information, and Encyclopedia Reference article
Barbados is an island nation located towards the east of the Caribbean Sea and in the west of the Atlantic Ocean, part of the eastern islands of the Lesser Antilles, with the nations of Saint Lucia and Saint Vincent and the Grenadines being its closest neighbors.
Barbados is predominantly composed of coral and limestone.
In Barbados the Queen is styled "By the Grace of God, Queen of Barbados and of Her other Realms and Territories, Head of the Commonwealth." The present government is proposing that Barbados become a republic within the Commonwealth, with a ceremonial president replacing the Queen.
www.startsurfing.com /encyclopedia/b/a/r/Barbados.html   (2778 words)

  
 Caribbean Islands Barbados - Economy
To a large extent, the economy's overall performance in the 1980s paralleled that of the leading export sectors; the economy, however, has been able to survive periods in which trade was sharply reduced.
Barbados did not expect a significant change in market conditions in the near future and was developing a market strategy that focused on extraregional economies to absorb sugar and manufactured products.
Barbados' balance of payments position was relatively healthy at the close of 1985, in spite of trading problems.
www.country-studies.com /caribbean-islands/barbados---economy.html   (2891 words)

  
 Barbados Economy
Barbados is now one of the most prosperous countries in the western hemisphere outside of the U.S. and Canada.
The economy went into a deep recession in 1990 after 3 years of steady decline brought on by fundamental macroeconomic imbalances.
Barbados will host several games and the final of the Cricket World Cup in 2007, and much of the country's investment is directed toward accommodating the expected influx of visitors.
www.traveldocs.com /bb/economy.htm   (320 words)

  
 Barbados Information, Barbados History, Geography, Climate
Barbados lies east of Saint Vincent and the Windward Islands of the Lesser Antilles.
Barbados is flat along the coast with a hilly interior.
Mount Hillaby is the highest point and rises to 1,115 ft. As Barbados has no natural deepwater harbors, it is largely surrounded by coral reefs and coral deposits form the surface of the island and are underlain by sedimentary rock.
www.mapsofworld.com /country-profile/barbados.html   (329 words)

  
 Barbados ECONOMY   (Site not responding. Last check: 2007-10-08)
The economy has traditionally been dependent on the production of sugar, rum, and molasses.
The Barbadian economy turned in a good overall performance in 2000.
GDP grew by 5%, compared to an average 3.4% per annum in 1994–95, driven by the strong performance of the sectors producing traded goods and services.
www.nationsencyclopedia.com /Americas/Barbados-ECONOMY.html   (437 words)

  
 Economy of Barbados - Wikipedia, the free encyclopedia
Barbados went into a deep recession in the 1990s after 3 years of steady decline brought on by fundamental macroeconomic imbalances.
Quickly Barbados was then divided into large estate-plantations and using indentured labour mainly from the British Isles for the cultivation of both the crops Tobacco and Cotton were first introduced.
This became the single best move ever for the Barbados economy at the time, the economy boomed and Barbados had become populated with so many windmills that the island had the second highest density of windmills per square mile in the world, second only to Holland [1].
en.wikipedia.org /wiki/Economy_of_Barbados   (2550 words)

  
 Barbados Attractions
The population of Barbados (1998 estimate) was 258,756.
Barbados is surrounded by surfable waves, specially on the East Coast (Bathsheba) and south coast (Silver Sands).
Completive surfing in Barbados is organized by the Barbados surfing Association which numbers over 70 members and every 2 years sends a team of 20 competitors to the world championships.
www.ahigler.com /barbados_attr.htm   (1140 words)

  
 Tips of the Trade--Cutsinger   (Site not responding. Last check: 2007-10-08)
Barbados has been a tourist destination throughout the 20th century, and since the 1700’s has had a colonial reputation for healthful climate and "lavish hospitality" (Husbands 1986:175).
The impact of the global economy in Barbados is epitomized in tourism: it is the island’s "principal export," the largest foreign currency earner for the national economy.
In 1991, economic recession in the global economy, along with the uncertainties of the Gulf War, led to a downturn in tourist arrivals in Barbados.
www.openair.org /pub/IJSSP/Cutsinger.htm   (3117 words)

  
 Barbados (11/06)
Barbados has an independent judiciary composed of magistrate courts, which are statutorily authorized, and a Supreme Court, which is constitutionally mandated.
Barbados was admitted to the United Nations in December 1966.
Barbados has diplomatic missions headed by resident ambassadors or high commissioners in Canada, the U.K., the U.S., and Venezuela, and at the European Union (Brussels) and the UN.
www.state.gov /r/pa/ei/bgn/26507.htm   (2417 words)

  
 Barbados   (Site not responding. Last check: 2007-10-08)
Barbados was uninhabited when first settled by British in 1627 though Amerindian tribes had lived on the island Slaves worked the sugar plantations established on the island until 1834 when slavery was abolished.
The economy remained heavily on sugar rum and molasses production through most of the 20th century.
Barbados is a relatively flat island rising to central highland region the highest point Mount Hillaby at 336 m.
www.freeglossary.com /Barbados   (853 words)

  
 A General History of Barbados' Economy at Totally Barbados
Barbados gained independence in 1966 at which time it became a 'globally upper-middle-income economy' which was no longer dependent on the sugar cane industry but based on tourism and the development of the offshore sector.
In 1972 the Central Bank of Barbados was formed, breaking ties with the East Caribbean Currency Authority and in 1975 the Barbados dollar was changed to reflect a consistent exchange rate with that of the United States of America's dollar.
The manufacturing industry was recognized as a major financial contributor to the sustainable economy of the island by the early 1990's.
www.totallybarbados.com /barbados/Business/Economy/3634.htm   (310 words)

  
 World InfoZone - Barbados Information - Page 1
Barbados is a Caribbean island to the north of Trinidad and Tobago and east of St Lucia, St.
The terrain in Barbados is relatively flat, rising to central highlands.
The Barbados Museum is housed in the former Garrison military prison.
www.worldinfozone.com /country.php?country=Barbados&page=2   (426 words)

  
 Economy - Barbados - Caribbean: association caribbean, barbados economy, growing sugarcane, equipment plastic, refined ...
The economy of Barbados has traditionally relied on the growing of sugarcane and the production and export of refined sugar, molasses, and rum.
Sugarcane is grown principally on large estates rather than on small farms; the harvest in 2001 totaled 520,000 metric tons.
In 1972 a central bank was established and a new unit of currency adopted, the Barbados dollar (2 Barbados dollars equal U.S.$1; 2000 average).
www.countriesquest.com /caribbean/barbados/economy.htm   (209 words)

  
 Macroeconomic Forecast Barbados - Latin America Monitor   (Site not responding. Last check: 2007-10-08)
Economy / Barbados According to data provided by the Central Bank of Barbados (CBB), real GDP grew by 3.7% y-o-y during the first nine months of 2006, which marked a noticeable recovery from 2005, when the economy expanded...
Economy / Barbados The Trinidad and Tobago National Gas Company (NGC) is still waiting for the final approval of the Barbados government needed for the construction of a gas pipeline between the two islands.
Economy / Barbados At the BLP's 68th annual conference, Prime Minister Owen Arthur seized the opportunity to reflect on three terms in power and highlighted the BLP's outstanding contribution towards the socio-economic...
www.latinamericamonitor.com /file/43853/macroeconomic-forecast-barbados.html   (385 words)

  
 Barbados - Wikipedia, the free encyclopedia
The closest island neighbours to Barbados are Saint Lucia and Saint Vincent and the Grenadines to the west, Trinidad and Tobago to the south, and Grenada to the south-west.
Barbados has one of the highest standards of living and literacy rates in the developing world and, according to the United Nations Development Programme (UNDP), Barbados is currently the fourth most developed of all developing countries in the world.
Barbados • Grenada • Jamaica • Saint Kitts and Nevis • Saint Lucia • Saint Vincent and the Grenadines
en.wikipedia.org /wiki/Barbados   (4295 words)

  
 Barbados Employers Confederation - Barbados & Eastern Caribbean
Barbados today is in a very fortunate position - the fourth wealthiest per capita nation in the Western Hemisphere.
We agree that this is a small island economy with a unique and vulnerable position in the global marketplace.
Future growth of the economy can be expected to increase exports, further diversify the tourism industry, and grow the services sector, in particular, customer service centers or financial service organizations.
bridgetown.usembassy.gov /bec.html   (2704 words)

  
 Barbados Economy
Barbados is a prosperous island, with living conditions significantly higher than other parts of the Caribbean.
Historically the Barbadian economy was solely dependant on Sugar Cane, although this is still a significant employer on the island, the tourism industry has now become the main revenue earner.
The Barbados Investment and Development Corporation (BIDC) is the government agency that deals with the establishment and expansion of business enterprises.
www.accessbarbados.com /barbados_economy.php   (190 words)

  
 BBC - History - Slavery and Economy in Barbados
Barbados was one of England's most popular colonies, with a rich economy based on sugar and slavery.
Barbados in many respects was England's first experimental tropical agricultural export colony, and was successful for a number of related reasons.
The climate and soil conditions in Barbados were perfect for the growing of this sweet grass
www.bbc.co.uk /history/british/empire_seapower/barbados_01.shtml   (438 words)

  
 Economy Of Barbados   (Site not responding. Last check: 2007-10-08)
If you would like to use this flag of Barbados or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Barbados or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Barbados or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/barbados_country_economy.shtml   (379 words)

  
 Barbados Economy - overview - Economy   (Site not responding. Last check: 2007-10-08)
Historically, the Barbadian economy had been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into light industry and tourism.
The economy contracted in 2002-03 mainly due to a decline in tourism.
Definition: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization.
www.indexmundi.com /barbados/economy_overview.html   (168 words)

  
 Ministry of Agriculture - Foreign Exchange & Employment   (Site not responding. Last check: 2007-10-08)
For many years Barbados sugar has been sold to Europe under contract; for more than twenty years to the U.K. under the Commonwealth Sugar Agreement, and from 1975 to the European Community /European Union under the Lome Convention.
These contracts are of vital importance to Barbados as they have provided a guaranteed price for our sugar over the years.
Diversification of the economy is desirable, but sugar remains vital to the economy of Barbados.
www.agriculture.gov.bb /default.asp?V_DOC_ID=1083   (387 words)

  
 Ministry of Foreign Affairs & Foreign Trade :: Barbados   (Site not responding. Last check: 2007-10-08)
Barbados became a Contracting Party to the GATT in 1967 and in December 1994 signed the Marrakesh Agreement to establish the WTO along with other members of the GATT.
As a small island economy, Barbados is highly dependent on trade and consequently on an efficient multilateral trading system.
Barbados is represented at the WTO by a Permanent Representative and supporting staff from the Ministry of Foreign Affairs and Foreign Trade.
www.foreign.gov.bb /pageselect.cfm?page=150   (255 words)

  
 PricewaterhouseCoopers: Barbados: Economy, Trade and Industries
A Value Added Tax on consumption, implemented in 1997, has enabled the country to reduce its dependence on import tariffs and duties as a source of revenue, and also to improve compliance with WTO rules.
Tourism continues to play a key role in the economy and has a positive "spin-off" impact on virtually all other business sectors.
The manufacturing sector in Barbados accounts for approximately 7% of the island's employed labour force and includes food and beverages (especially sugar and rum), electronics, hardwood furniture, garments and chemicals.
www.pwc.com /extweb/aboutus.nsf/docid/88BB768C3DA04A2F8525715B0055184F   (522 words)

  
 THE BARBADOS ECONOMY
The Barbados’ the economy is described as a small open economy (SOE).
The BOP can be described as a orderly record of all transactions between the residents of the local economy and the residents of the rest of the world.
Regional trade is important to Barbados and the integration of economies is important if we are to realize the Single Market Economy (SME) for the benefit of the region as a whole.
www.centralbank.org.bb /centralkids/barbados_economy.htm   (1544 words)

  
 Barbados Accommodations Apartments and Villas at Sunset Crest Resort Barbados
"Ideal for families, couples and singles looking for a Barbados economy holiday in what is regarded as the most sought after area of the island!"
Sunset Crest Resort Barbados, located on the West Coast is a leading agent for Barbados Villa Rentals.
Our beautiful villas and apartments form a cluster of economy accommodations with a restaurant, bar and pools and are ideal for couples, families or groups.
www.sunsetcrestresort.com   (354 words)

  
 ::Discount Barbados Barbados car hire from 113 GBP per week all inclusive::
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Barbados car hire is part of CAR HIRE GUIDE - one of the largest independent car rental brokers.
We offer more than 5000 car hire locations throughout the world you can select from cheap economy cars up to luxury cars.
www.rentalcargroup.co.uk /Barbados/Barbados_Airport.htm   (195 words)

  
 About Barbados: Barbados Economy
Over the last four decades, the economy has shifted from an emphasis on agriculture towards the provision of services.
The economy is now based on tourism, business, finance and general services, agriculture and manufacturing.
Over the years, Barbados has achieved a relatively high per capita income under conditions of low inflation, low external indebtedness and a solid social and economic infrastructure.
barbadostourisminvestment.com /tourism_economy.cfm   (110 words)

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