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Topic: economic growth

Cayman’s economic growth to slow in 2024, says premier

The growth of the Cayman Islands' economy is likely to slow in 2024 but will remain steady in the following several years, Premier Juliana O'Connor-Connolly has said.

ECLAC: Economic growth subdued in the Caribbean

The United Nations Economic Commission for Latin America and the Caribbean predicts in its annual report that this year’s economic growth in the Caribbean...

OECD sees worst global economic growth in a decade

Rising trade tensions and policy uncertainty have set up global economic growth for the worst year since the financial crisis.

Economy shows signs of broad-based growth in first quarter

Cayman’s gross domestic product grew by 2 percent in the first quarter of this year compared to the same period in 2016. The construction sector, wholesale and retail trade and utilities contributed most to the growth.

EDITORIAL – ‘Growth Matters’ films draw on basic economic truths

What is the source of prosperity in the Cayman Islands? Well, it’s not an overabundance of natural resources such as loamy farmland or rich mineral deposits, or a strategic geographical location at the crossroads of trade.

EDITORIAL – Celebrate growth: Kiss a stingray, hug a Cayman voter

Although as we have noted above, stingrays are extremely valuable to Cayman’s economy, in the coming decades our country cannot hope to pay for the salaries, benefits and retirement schemes for our overgrown civil service through stingrays alone. What Cayman needs, in brief, is more Caymanians.

Cayman Economic Outlook turns focus to growth

Amid global economic and political uncertainty, the Cayman Economic Outlook 2017 conference will aim to put international trends into perspective for local business leaders. Fidelity (Cayman) Ltd. Vice President Tom Gammage said the event on Feb. 2 will have an eye toward growth opportunities.

Morici: Redefine education to rekindle growth

Americans face daunting challenges beyond the apparent grasp of the principal contenders for president. Rekindling growth and creating enough good-paying jobs will require wholly rethinking how we educate and socialize young people for work. Economic growth since the financial crisis has been a disappointing 2.1 percent, and this year it has slowed to about 1.6 percent.
A municipal health worker sprays insecticide in a junkyard in Joao Pessoa, Brazil, to combat the Aedes aegypti mosquito that transmits the Zika virus. - Photo: AP

Zika virus spawns economic dangers through the Americas

The spread of the Zika virus, a growing medical threat through much of the Americas, demands “urgent action” from regional governments to help control the potential economic damage an epidemic could cause, according to the World Bank and other institutions.

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