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Latin America Monitor: Barbados Rated 10 out of 21 Caribbean Countries

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Risk Summary – Barbados – NOV 2014

Caribbean October 2014 / Barbados / Political Risk

POLITICAL RISK – Falling Unemployment Indicates Upside For Rating

Barbados’ Short-Term Political Risk Rating (STPRR) held steady at 68.8 this month, placing the country 14 th out of 21 countries in the Caribbean. Barbados’ lowest score in the STPRR comes in the ‘social stability’ component of the rating. However, a falling unemployment rate and lower inflation could lead us to upgrade the ‘social stability’ component of the STPRR over the coming quarters. A stronger score in the ‘social stability’ component would, in turn, boost the overall STPRR, indicating that political risk in Barbados is subsiding.

We give Barbados a Short-Term Political Risk Rating of 68.8

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8 responses to “Latin America Monitor: Barbados Rated 10 out of 21 Caribbean Countries”

  1. Latin America Monitor: Barbados Rated 10 out of 21 Caribbean Countries – Vibe Audio StationVibe Audio Station

    […] Latin America Monitor: Barbados Rated 10 out of 21 Caribbean Countries […]

  2. Pachamama Avatar
    Pachamama

    You really think these nebulous models mean anything, in real terms, for people ‘on the ground’. This is a certifiable political lie!

  3. David Avatar
    David

    Where is this group getting a falling unemployment rate?

  4. Postage Paid Avatar
    Postage Paid

    From the sky

  5. David Avatar
    David

    Please note:

    Central Bank Governor issues warning to ECCU member states

    October 3, 2014

    Dwight-Venner

    BASSETERRE, St. Kitts, Friday October 3, 2014, CMC – Governor of the Eastern Caribbean Central Bank (ECCB), Sir Dwight Venner, says while the performance of the economy of St Kitts and Nevis since 2013 has been “very encouraging,” member countries of the Organisation of Eastern Caribbean States (OECS) need to implement policies that would improve their chances of survival “in this very challenging environment”.

    Addressing the National Consultation on the Economy here on Thursday, Sir Dwight said economic performance of the twin island Federation “has been the bright spot in the ECCU (Eastern Caribbean Currency Union) as we continue to be affected by the global crisis”.

    He told the consultation that this performance has been due to an effective implementation of a robust adjustment programme conceived by the government within the guidelines of the ECCB’s Eight Point Stabilization and Growth Programme and assisted by the International Monetary Fund (IMF) with financing and monitoring.

    Read more: http://www.caribbean360.com/news/central-bank-governor-issues-warning-to-eccu-member-states#ixzz3F7OsTV2x

  6. David Avatar
    David

    Documents detail secret talks between Washington and Havana

    Read more: http://www.caribbean360.com/news/documents-detail-secret-talks-between-washington-and-havana#ixzz3F7PVsiwj

  7. Lincoln Carrington Harper Avatar
    Lincoln Carrington Harper

    David:

    I would think that as a responsible (?) bloggomaster you should give us the results of your review of the credibility of the Latin America Monitor. Comparative analysis is a tricky business and objective reporting requires great care in the choice of source data and the use of methodological constructs. Even more importantly, one should have access to other similar analytical media. Indeed, one might say “the more the merrier”, and take them with the proverbial grain of salt. For my part, I am not sure that what the LAM reports makes a lot of difference to the price of fish in Barbados.

    I read the report of Sir Dwight Venner’s comments on the recent performance of the economy of the Federation of St. Kitts/Nevis. I reflected that as Governor of the ECCU he has to perform a rather more nuanced role than our own DDLW/GCBB. Interestingly, since Sir Dwight was appointed to his position we have had four GCBBs. Is there a lesson here? I think that Barbados could learn a lot if more attention is paid to what is going on in the OECS, rather than looking down our noses at them as “low islanders”. JUST A THOUGHT!!

  8. David Avatar
    David

    @Lincoln Harper

    BU will post articles / reports to be critiqued by the BU family. Regarding Venner, it is a dangerous occurrence when a man becomes an institution goo or bad.

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