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Topic: Economy of Trinidad and Tobago

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Emancipation Day

	Trinidad and Tobago - MSN Encarta
		The Republic of Trinidad and Tobago (pronounced /ˈtrɪnɪdæd ən təˈbeɪgoʊ/) is an archipelagic state in the southern Caribbean, lying northeast of the South American...
		Trinidad and Tobago’s gross domestic product (GDP) in 2005 was $14.4 billion, providing the country with a per capita income of $7,380.
		Tourism in Trinidad, traditionally based on birdwatching and nature tourism, has been boosted by the construction of marinas and boat-repair yards in the Chaguaramas area, which have attracted the yachting community.
	encarta.msn.com /encyclopedia_761561556_3/Trinidad_and_Tobago.html (791 words)

	Trinidad and Tobago - Economy
		Trinidad and Tobago is a twin island state whose economy is oriented toward trade and tourism.
		The economy of the larger island, Trinidad, is more heavily industrialized, dominated by the oil and gas sector, although agriculture, tourism, manufacturing and construction also make significant contributions.
		The economy's performance is attributable to energy-related investments, growth in the non-energy sector (increased manufactured exports, increased domestic demand for construction and services, and development of off-shore financial services), and sound macroeconomic policies.
	www.nationsencyclopedia.com /Americas/Trinidad-and-Tobago-ECONOMY.html (516 words)

	Trinidad and Tobago - ECONOMY
		Although the boom was reversed in the early 1980s, Trinidad and Tobago's accumulated wealth permitted it to weather the impact of the international recession better than most developing countries and avoid the debt crisis that confronted its neighbors.
		Trinidad and Tobago was a very open economy, dependent on the export of oil to purchase large amounts of imported food, consumer goods, and capital goods.
		Trinidad and Tobago was the most important exporter of oil to the United States from the Caribbean Basin.
	countrystudies.us /caribbean-islands/45.htm (1027 words)

	CHARLES BRAY's Trinidad and Tobag Journal
		Trinidad was settled by the Spaniards from about 1532 and they retained the island until it was captured by the British in 1797.
		Trinidad is crossed by three upland ranges; the mountainous Northern Rang, a continuation of the Coastal Range of Venezuela, reaches 941 m [3088 ft] at Mount Aripo.
		Trinidad is a small country with a population of just over 1m, dominated by two ethnic groups known as the Africans and the Indians.
	www.greatestcities.com /users/cbray5003/Caribbean/Trinidad_and_Tobago (2943 words)

	Trinidad and Tobago (Site not responding. Last check: )
		Trinidad and Tobago are with the North Westerly winds which blow the north west of the islands to south east of the islands.
		Trinidad is made up of a variety soil types the majority being clay and In addition to this the mountainous areas the islands contain limestone.
		Trinidad and Tobago are famous as the of the calypso music as well as the music of steel pan (whose patent is held by in Maryland United States).
	www.freeglossary.com /Trinidad_and_Tobago (1142 words)

	Trinidad & Tobago
		Trinidad and Tobago are the southernmost of the Caribbean islands and adjacent islets situated off the coast of Venezuela.
		Trinidad is situated north of and opposite the mouth of the Orinoco River and is separated from the South American coast by the Gulf of Paria.
		The population (1989 estimate) of Trinidad and Tobago was 1,285,000.
	www.angelfire.com /id/anees/trinidad.htm (1712 words)

	The Economy of Trinidad and Tobago (Site not responding. Last check: )
		Trinidad and Tobago has the most diversified and industrialised economy in the English-speaking Caribbean.
		These were the boom years in Trinidad and Tobago and much of the country's infrastructure was developed during this period.
		Now, after a period of radical economic adjustment under IMF and World Bank supervision, the government economic policy is well in line with prevailing market principles: trade liberalisation, open market-driven economy, rationalisation of the public sector, promotion of private enterprise and foreign investment, and development of exports and tourism.
	www.visittnt.com /General/about/economy.html (180 words)

	Trouble in Trinidad and Tobago
		Trinidad and Tobago was hard hit by the strong-arm policies of the International Monetary Fund (IMF) in the 1980s.
		The austerity measures implemented by the Trinidad and Tobago government devastated the islands' economy and took an especially heavy toll on the poorer citizens.
		The moderate growth Trinidad and Tobago experienced in the 1960s resulted in some gains for the population, but growth slowed to 3.6 percent annually from 1970 to 1973 and the economy appeared stalled.
	multinationalmonitor.org /hyper/issues/1990/06/weissman.html (3721 words)

	Index of Economic Freedom
		Trinidad and Tobago is ranked 6th out of 29 countries in the Americas, and its overall score is higher than the regional average.
		Trinidad and Tobago is slightly weaker than average in monetary freedom and freedom from corruption.
		Trinidad and Tobago's financial regulations and supervision are generally transparent and improving, and the level of non-performing loans has fallen to below 2 percent.
	www.heritage.org /research/features/index/country.cfm?id=TrinidadandTobago (964 words)

	WTO \| Trade policy review - Trinidad and Tobago 1998
		Trinidad and Tobago applies no export taxes, but a system of export licensing for a number of products, mainly for security and health purposes but also to control the re-export of capital goods imported under preferential conditions, is in effect.
		Trinidad and Tobago's market access strategies will be influenced by the ongoing process of liberalization and globalization of the world economy and by the configuration of the international economy into mega trading blocs.
		Trinidad and Tobago is a beneficiary of the CBI and CARIBCAN preferential agreements.
	www.wto.org /english/tratop_e/tpr_e/tp87_e.htm (7999 words)

	Tobago Oil and Tourism
		Trinidad and Tobago's government is now developing the tourism industry in order to generate revenues and address social problems arising in the last decade.
		Trinidad and Tobago's environmental problems are multiple and the development of tourism is likely to worsen the situation if it is not done without regard to the environment.
		The most interesting factor that distinguishes Trinidad and Tobago from the rest of the Caribbean Islands is that geologically, the islands share their ecological origins with South American mainland rather than with the Antillean arc: Tobago's Main Ridge is believed to be the furthest reaches of the Andes.
	www.american.edu /TED/tobago.htm (2076 words)

	Trinidad & Tobago
		Trinidad's recorded history is thousands of years old, but the region became known to Europeans in the 15th century, when Columbus sailed around its southern bay.
		Trinidad capitulated to a British force during this period and was ceded to Britain in 1802.
		Trinidad and Tobago offers a variety of interesting sites and attractions such as the Pitch Lake, the As a Wright Nature Center, Maracas Waterfall as well as Argyle Waterfall and Bird of Paradise Island off Tobago which is a major seabird sanctuary.
	www.montrosetravel.com /cs_trinidad.html (724 words)

	Economy of Trinidad and Tobago - Wikipedia, the free encyclopedia
		Trinidad and Tobago's strong growth rate over the past few years has led to trade surpluses over the past 4 years, even with high import levels due to industrial expansion and increased consumer demand.
		Trinidad and Tobago is experiencing a transition from an oil-based economy to a natural gas based economy.
		Trinidad and Tobago's infrastructure is adequate by regional standards.
	en.wikipedia.org /wiki/Economy_of_Trinidad_and_Tobago (1195 words)

	Trinidad and Tobago
		Trinidad lies near the northeastern coast of Venezuela, from which it is separated by the shallow Gulf of Paria.
		The economy of Trinidad and Tobago is dominated by petroleum.
		Under the constitution of 1976 Trinidad and Tobago is governed as a parliamentary republic with an elected president as head of state and a prime minister as head of government.
	geocities.com /lubamgo/nai/trinidad/index.htm (1083 words)

	Trinidad and Tobago Economy \| globalEDGE
		Trinidad and Tobago is the fifth-largest exporter of LNG in the world and the single largest supplier of LNG to the U.S., supplying 70% of all LNG imported into the U.S. The energy sector experienced strong growth in 2006, estimated at 20.6%, and accounted for 41.5% of GDP at that year's end.
		The government is seeking to diversify the economy to reduce dependence on the energy sector and to achieve self-sustaining growth.
		Trinidad and Tobago's infrastructure is adequate by regional standards.
	globaledge.msu.edu /countryInsights/economy.asp?countryID=151®ionID=4 (1202 words)

	Trinidad and Tobago Economy - overview - Economy (Site not responding. Last check: )
		Trinidad and Tobago, the leading Caribbean producer of oil and gas, has earned a reputation as an excellent investment site for international businesses.
		Prospects for growth in 2006 are good as prices for oil, petrochemicals, and liquefied natural gas are expected to remain high, and foreign direct investment continues to grow to support expanded capacity in the energy sector.
		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 /trinidad_and_tobago/economy_overview.html (193 words)

	IICA -- Inter-American Institute for Cooperation on Agriculture
		Trinidad and Tobago are the most southerly islands in the Caribbean.
		Trinidad is situated 10 km (7 miles) north-east of the coast of Venezuela and is separated from it by the Gulf of Paria.
		Trinidad and Tobago is the most diversified and industrialized economy in the English-speaking Caribbean, and has earned a reputation as an excellent investment site for international businesses.
	www.iica.int /TrinidadandTobago/Indicators.asp (246 words)

	Trinidad and Tobago (08/05)
		Trinidad and Tobago is the 5th largest exporter of LNG in the world and the single largest supplier of LNG to the U.S., supplying between 70-75% of all LNG imported into the U.S. Overall, the petroleum sector grew by 10.5% in 2004, the third straight year of double-digit growth.
		Recognizing the role that energy plays in the economic life of Trinidad and Tobago, where it was the source last year of 37% of governmental revenues, the government is seeking to diversify the economy to reduce dependence on the energy sector and to achieve self-sustaining growth.
		Trinidad and Tobago is a democracy that maintains close relations with its Caribbean neighbors and major North American and European trading partners.
	www.state.gov /outofdate/bgn/t/52633.htm (3262 words)

	Trinidad and Tobago
		The population (1995 estimate) of Trinidad and Tobago was 1,271,000.
		Trinidad and Tobago's petroleum-based economy provides its citizens with a per capita income well above the Latin American average, although living standards are significantly lower than during the petroleum boom years of 1973 to 1982.
		Trinidad and Tobago was a constituent part of the Federation of the West Indies from April 22, 1958 until May 31, 1962.
	www.msrc.sunysb.edu /~baptiste/trinbago.html (1520 words)

	Trinidad & Tobago: Business Center of the Caribbean -- Supplement to Site Selection magazine, July 1999
		Trinidad is the larger of the two islands and home to the capital city (Port of Spain) and most of the country's 1.3 million people and industrial development.
		Trinidad and Tobago is committed to an open, market-driven economy and the encouragement of private enterprise and foreign investment.
		Trinidad and Tobago offers "a stable industrial relations climate and a reservoir of skilled manpower which can be harnessed to attain the most demanding standards of performance consistent with the requirements for global competitiveness," Prime Minister Basdeo Panday says.
	www.conway.com /trinidad/9907/index.htm (1067 words)

	Reference for Economy of Trinidad and Tobago - Search.com
		Trinidad and Tobago's strong growth rate over the past few years has led to trade surpluses over the past 4 years, even with high import levels due to industrial expansion and increased consumer demand.
		Trinidad and Tobago is the 5th largest exporter of liquefied natural gas in the world.
		Trinidad and Tobago is experiencing a transition from an oil-based economy to a natural gas based economy.
	www.search.com /reference/Economy_of_Trinidad_and_Tobago (1552 words)

	Trinidad and Tobago Guide - Culture, History, Travel, and More \| trinidad-guide.info
		The Trinidad Guide is your comprehensive window to the unspoiled beauty and fascinating culture of two of the Caribbean's most interesting islands, Trinidad and Tobago.
		Restaurants in Trinidad and Tobago are largely unpretentious, and proper dining attire is generally whatever patrons feel most comfortable wearing.
		Trinidad and Tobago receive about 40 inches of rain a year, mostly in the winter months.
	trinidad-guide.info (584 words)

	Caribbean Net News: Trinidad & Tobago
		PORT OF SPAIN, Trinidad: The Government of Trinidad and Tobago is aiming to eradicate poverty among sections of the population by the year 2015.
		PORT OF SPAIN, Trinidad: Puerto Rico is said to be one of the countries in the region that now suffers from a critical trade imbalance and is seeking to increase trade with Trinidad and Tobago, Barbados, and other countries in the region.
		PORT OF SPAIN, Trinidad: A proposal towards the establishment of a bi-lateral investment treaty between Trinidad and Tobago, and the Republic of Ireland, was one of the major issues to emerge from recent discussions.
	www.caribbeannetnews.com /trinidad/trinidad-tobago.htm (3736 words)

	InternationalReports.net : Trinidad & Tobago 2003
		As the Caribbean’s number one economy, and located midway between north and south in the Western Hemisphere with huge energy resources and a talented population, Trinidad and Tobago is aggressively seeking larger export markets and welcomes foreign investment in a variety of industries.
		Though there are concerns about fairness, Trinidad and Tobago is aggressively seeking a prominent role in FTAA, having put forward a strong bid to win location of the trade agreement headquarters in Port-of-Spain, the dynamic metropolitan center of the nation and its political and financial center.
		Trinidad and Tobago is by far, the largest recipient of foreign direct investment in the Caribbean and one of the largest per capita recipients in the hemisphere.
	www.internationalreports.net /theamericas/trinidad/2003/thecase.html (1075 words)

	Trinidad and Tobago - Role of Government in the Economy
		The move toward increased government involvement in the economy was the direct result of the Black Power movement of 1970 and the long-term consequence of decades of trade union criticism of foreign ownership.
		Petrodollar revenues expanded the state's range of activities in the economy from nationalization and localization to the introduction of widespread subsidies and large-scale public works programs, the creation of numerous state-owned enterprises, and the implementation of huge industrial projects.
		Like other oil economies, Trinidad and Tobago suffered from the "Dutch disease," the process by which oil-wealthy nations tend to subsidize non-oil sectors of the economy.
	countrystudies.us /caribbean-islands/47.htm (1495 words)

	Trinidad and Tobago Crops, Financial Services, and Currency - Flags, Maps, Economy, Section, Country Study, Natural ...
		Trinidad and Tobago's sugar quota with the EEC was reduced at the 1985 Lomé Convention (see Glossary) from 69,000 tons to 47,300 tons as a result of its inability to fill the previous quota.
		Trinidad and Tobago's ISA quota dropped to only 6,504 tons by 1987, a 60-percent reduction from 1984.
		Trinidad and Tobago's cocoa crop was ravaged for decades by successive diseases.
	www.photius.com /countries/trinidad_and_tobago/economy/crops.html (1272 words)

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