DOCSLIB.ORG

Economic Activity Caribbean Countries

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Economic Activity Caribbean Countries . * • , R*TE OF GROWTH OF TOTAL EXPORTS AND GDP -CARICOM COUNTRLESG*WFLJ BCLA/CARIB 77j5 ECONOMIC ACTIVITY — 1976 — IN CARIBBEAN COUNTRIES UNITED NATIONS eCÖNGMtC CQMMtm LATIN AMtRiCA Office lor tHeCftrfbbe** í> ECLA/CARIB 77/5 Dates 15 July 1977 ECONOMIC COMMISSION FOR LATIN AMERICA Office for the Caribbean . ' A ECONOMIC ACTIVITY - 1976 - IN CARIBBEAN COUNTRIES (Prepared by Economic Affairs Officers, W.L. Whittingham and L. Busby with assistance of Research Assistants, H. Francis,' McD. Rodney, H. Charles, H. Ramdath) FOREWORD This is the sixth in this series of publications. The first five issues were published under the title Economic Activity - Caribbean Community Countries, and the change in title this year reflects widening beyond that group, to include a Country Note on Surinam, a non-member of the Caribbean Community. It marks, too, the first step towards the objective of embracing all the member countries of the Caribbean Development and Co-operation Committee (CDCC) for which the ECLA Office for the Caribbean serves as Secretariat. Another notable change this year is the increased attention devoted to the Caribbean Regional Integration movement. Regrettably even at this relatively late date, much statistical data for some countries are not available. It is hoped however that despite these and other limitations the publication will continue to meet the needs of government offices, private organizations, and regional and international organiza- tions interested in economic developments in the Caribbean. S. St. A. Clarke TABLE OF CONTENTS Page s INTRODUCTION i - iv PART Is SUB-REGIONAL SUMMARY A. SUMMARY OF ECONOMIC ACTIVITY 1-25 Bo EVOLUTION OF REGIONAL INTEGRATION 26 - 42 C. THE EXTERNAL SECTOR 43 - 49 D. BALANCE OF PAYMENTS 50-55 STATISTICAL APPENDIX 56-74 PART IIî BAHAMAS COUNTRY NOTES 1-30 PART Ills BARBADOS COUNTRY NOTES 1-27 PART IVî BELIZE COUNTRY NOTES 1 - 16 PART Vi GRENADA COUNTRY NOTES 1-27 PART VI: GUYANA COUNTRY NOTES 1-22 PART VII? JAMAICA COUNTRY NOTES 1-38 PART Villi SURINAM COUNTRY NOTES 1-52 PART IX s TRINIDAD & TOBAGO COUNTRY NOTES 1-35 PART X: WEST INDIES ASSOCIATED STATES COUNTRY NOTES 1-32 SELECTED LIST OF STATISTICAL PUBLICATIONS AND SOURCES - i - INTRODUCTION The "Country Notes" in this publication are revisions of the texts that were prepared earlier this year for inclusion in Economic Survey of Latin America, 1976, published by the Economic Commission for Latin America (ECLA), Santiago, Chile. The revisions were made to incorporate revised data for earlier years and additional data for 19760 As usual a summary of sub- regional economic trends is presented along with an outline of major developments in the continuing evolution of Caribbean regional integration. In addition to up-dating the statistics and texts of the preceeding year, there has been a consistent widening of the scope and coverage of the country notes« Even so the objective is fairly modest: to analyse and disseminate information on current economic trends and developments in the countries, and to identify the determinants of these trends. No direct attempt at structural analysis of the national economies is made except when the first Note is prepared on any one country. However, the important sectors of the various economies are highlighted, and the statistical tables show data on the relative importance of sectors. In the Summary Section, the focus is on selected topics of current interest and on some particular problems affecting the region. It would be recalled that country notes for the Bahamas and Grenada appeared for the first time in the last issue. In this issue the geographical coverage has been further widened to in- clude the first Country Note for Surinam. The following nine 1/ See document E/CEPAL/1026 dated 20 April 1976 which was presented to the XVII ECLA Session held in Guatemala City, 25 April to 5 May 1977» and which contains similar Country Notes for the other Caribbean countries not included in this issue, that were prepared at ECLA Headquarters, Santiago, Chile. are now included: The Bahamas, Barbados, Belize, Grenada, Guyana, Jamaica, Surinam, Trinidad & Tobago and the West Indies Associated States (WISA). AS used in this text the designation the West Indies Associated States include the non-independent countries of Antigua, Dominica, Montserrat, St. Kitts-Nevis-Anguilla, St.Lucia and St. Vincent. Montserrat is included in the West Indies Associated States though strictly speaking its political status is not " a State in Association with the United Kingdom," but a colony of the UK enjoying internal self-government. Together these six countries are one Associate Member of ECLA. It may be useful to mention here that some of these countries have been negotiating the terms of full independence with the responsible country. It is very likely that by the end of 1978 two or possibly three of them will have achieved full independence. It would be noted too that the geographical coverage of this publication falls short of the full membership of the Caribbean Development and Co-operation Committee (CDCC). Efforts are being made to assemble sufficient data on the other three countries, Cuba, Dominican Republic and Haiti to permit their inclusion in subsequent issues. Two major difficulties are encountered in preparing this publication. One is the unavailability of current data, particularly on the less developed countries of the sub-region, in time to meet publication deadlines. The second is the relatively narrow scope of the statistics that are collected in most of the countries. These factors limit the coverage of the notes and necessitate the making of projections and estimates on very limited bases. However, it is considered that some orders of magnitude of various statistical aggregates are essential to understanding the trends in economic activity even if the figures are only very preliminary. Monetary and fiscal data, and retail price indexes, are generally the most up-to-date statistical information obtainable in most Caribbean countries; but even in these fields much of the necessary details are not readily available» Official detailed external trade statistics are published with at best, a twelve to eighteen-month time lag. Presently, definitive detailed external trade figures for 1975 have been published only for Bahamas, Jamaica, Montserrat and Trinidad & Tobago, Somewhat less detailed preliminary trade data for 1976 are available for the CAM COM more developed countries (MDC's). Preliminary external trade figures such as total exports and imports, however, are generally available within six months of the period of reference for most countries. Revised official series of National Accounts estimates have recently become available for Jamaica. Estimates of National Accounts have been 2/ prepared recently for Antigua, Dominica, Grenada, Barbados^ and Belize. In the case of Grenada and Belize, the data relate to the period 1970-1975, for Antigua 1970-1974 and for Dominica 1971 and 1973° It is hoped that similar data will become avail- able soon for other countries and that a programme to up-date the series on a continuing basis will be instituted in all countries. In earlier issues the value figures in Part I, "Sub- regional Summary" were quoted in East Caribbean dollars, because that was the currency unit of most of the countries covered, which was linked to the Pound Sterling at a fixed parity; and also because the CARICOM Area organizations had designated that currency as the Standard Unit of Account. In this issue the value figures in that Section are quoted in US dollars. This change takes into account the fact that all the currency units of the Caribbean Community Area are now pegged to the US dollar, though at different rates.-3'/ Moreover, it facilitates aggregation 2/ At the time of writing the data for Barbados had not yet come to hand. 2/ A brief discussion of recent changes in exchange rates are given below in the Summary of Economic Activity. with the inclusion of Surinam in this issue and the likely inclusion of the other member countries of the Caribbean Development and Co-operation Committee (CDCC) in future issues. The main sources of the economic and statistical informa- tion used in preparation of the Country Notes are listed at the end of this document. Most of the data were supplied by Government Statistical Offices and other Offices of various Government Ministries. Some data were supplied by Statutory Organizations and other Quasi-government institutions such as Central Banks, Tourist Offices, Marketing Boards, Commodity Co-operative organizations. In a few instances data were pro- vided by private business firms and other private sector organizations. Data has also been furnished directly and indirectly by the various Caribbean regional integration organizations includ- ing the Caribbean Community Secretariat (CARICOM), the East Caribbean Common Market Secretariat (ECCM), the Caribbean Develop- ment Bank (CDB) and the East Caribbean Currency Authority (ECCA). PART I SUB-REGIONAL SUMMARY A. SUMMARY OF ECONOMIC ACTIVITY A. SUMMARY OF ECONOMIC ACTIVITY Main Trends and Changes in GDP Aggregates - Total and Sectors The problems that influenced economic policy and activity in the region in 1976 vere; (a) Balance of Payments performance; (b) Production; (c) Earnings from Tourism; (d) Unemployment and rising prices. The year 1976 witnessed the worsening of Balance of Payments deficits for most countries in the region, as the terms of trade moved against the primary producers, and as the prices of energy and intermediate goods continued to rise» In some countries licencing and quantitative restrictions were placed on imports from within and without the region, as the aggregate Balance of Payments moved into a deficit position, more than offsetting the considerable surplus accruing to the petroleum exporter in the region. These problems have helped to demonstrate the spirit of integration as displayed by the willingness of more fortunate member countries to assist with the provision of loans to member countries in financial straits.
Load more

Recommended publications
  • Freedom in the Americas Today
    www.freedomhouse.org Freedom in the Americas Today This series of charts and graphs tracks freedoms trajectory in the Americas over the past thirty years. The source for the material in subsequent pages is two global surveys published annually by Freedom House: Freedom in the World and Freedom of the Press. Freedom in the World has assessed the condition of world freedom since 1972, providing separate numerical scores for each countrys degree of political rights and civil liberties as well as designating countries as free, partly free, and not free. Freedom of the Press assesses the level of media freedom in each country in the world and designates countries as free, partly free, and not free. The graphs and charts in this package tell a story that is both encouraging and a source of concern. When Freedom House launched its global index of political rights and civil liberties, freedom was on the defensive throughout much of the Americas. Juntas, military councils, and strongmen held the reins of power throughout much of south and Central America. At various times dictatorships prevailed in such key countries as Brazil, Argentina, Peru, and Chile, as well as in every country of Central America except Costa Rica. Latin America was not alone in the grim picture it presented as democracy was by and large restricted to the countries of Western Europe and North America. Conditions in the Americas were strongly influenced by the Cold War. Marxist insurgencies, often employing kidnappings, assassinations, and terrorism, had emerged in a number of countries; military governments responded with extreme brutality, including the use of paramilitary death squads.
    [Show full text]
  • IOM Regional Strategy 2020-2024 South America
    SOUTH AMERICA REGIONAL STRATEGY 2020–2024 IOM is committed to the principle that humane and orderly migration benefits migrants and society. As an intergovernmental organization, IOM acts with its partners in the international community to: assist in meeting the operational challenges of migration; advance understanding of migration issues; encourage social and economic development through migration; and uphold the human dignity and well-being of migrants. Publisher: International Organization for Migration Av. Santa Fe 1460, 5th floor C1060ABN Buenos Aires Argentina Tel.: +54 11 4813 3330 Email: [email protected] Website: https://robuenosaires.iom.int/ Cover photo: A Syrian family – beneficiaries of the “Syria Programme” – is welcomed by IOM staff at the Ezeiza International Airport in Buenos Aires. © IOM 2018 _____________________________________________ ISBN 978-92-9068-886-0 (PDF) © 2020 International Organization for Migration (IOM) _____________________________________________ All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without the prior written permission of the publisher. PUB2020/054/EL SOUTH AMERICA REGIONAL STRATEGY 2020–2024 FOREWORD In November 2019, the IOM Strategic Vision was presented to Member States. It reflects the Organization’s view of how it will need to develop over a five-year period, in order to effectively address complex challenges and seize the many opportunities migration offers to both migrants and society. It responds to new and emerging responsibilities – including membership in the United Nations and coordination of the United Nations Network on Migration – as we enter the Decade of Action to achieve the Sustainable Development Goals.
    [Show full text]
  • A Look at the Texas Hill Country Following the Path We Are on Today Through 2030
    A Look at the Texas Hill Country Following the path we are on today through 2030 This unique and special region will grow, but what will the Hill Country look like in 2030? Growth of the Hill Country The Hill Country Alliance (HCA) is a nonprofit organization whose purpose is to raise public awareness and build community support around the need to preserve the natural resources and heritage of the Central Texas Hill Country. HCA was formed in response to the escalating challenges brought to the Texas Hill Country by rapid development occurring in a sensitive eco-system. Concerned citizens began meeting in September of 2004 to share ideas about strengthening community activism and educating the public about regional planning, conservation development and a more responsible approach growth in the Hill Country. This report was prepared for the Texas Hill Country Alliance by Pegasus Planning 2 Growth of the Hill Country 3 Growth of the Hill Country Table of Contents Executive Summary Introduction The Hill Country Today The Hill Country in 2030 Strategic Considerations Reference Land Development and Provision of Utilities in Texas (a primer) Organizational Resources Materials Reviewed During Project End Notes Methodology The HCA wishes to thank members of its board and review team for assistance with this project, and the authors and contributors to the many documents and studies that were reviewed. September 2008 4 Growth of the Hill Country The Setting The population of the 17-County Hill Country region grew from approximately 800,000 in 1950 (after the last drought on record) to 2.6 million in 2000.
    [Show full text]
  • Working Document Series Caribbean Regional
    WORKING DOCUMENT SERIES CARIBBEAN REGIONAL Rural Development Division Bureau for Latin America and th2 Caribbean Agency for International Development GENERAL WORKING DOCUMENT #1 A PARTIALLY ANNOTATED BIBLIOGRAPHY OF AGRICULTURAL DEVELOPMENT IN THE CARIBBEAN REGION* *Antigua, Barbados, Belize, British Virgin Islands, Cayman Islands, Domi­ nica, Grenada, Montserrat, St. Kitts­ Nevis-(Anguilla), St. Lucia, St. Vin­ cent, Turks and Caicos Islands Clarence Zuvekas, Jr. Sector Analysis Internalization Group Office of International Cooperation and Development U.S. Department of Agriculture September 1978 This document does not bear the approval (nor imply such) of the U.S. Department of Agriculture, the United States Agency for International Development, or any of their offices. In view of its nature as a working paper, it should not be quoted w-thouz permission of the originating office. Any comments wouid be appreci­ ter,, and can be addressea to the author at: 4112 Auditors Ruiiding i4:n & Independence Avenue, S.W. Washing-on, D.C. 20250 PREFACE Under the terms of USDA Contract No. 12-17-07-5-2173, the author has prepared a bibliography on agricultural development in the Caribbean Region, defined operationally by U.S. AID as comprising the smaller English­ speaking states in the Caribbean, viz.: Antigua, Barbados, Belize, British Virgin Islands, Cayman Islands, Dominica, Grenada, Montserrat, St. Kitts­ began in October 1977 and continued intermittantly, both in the field and in Washington, D.C., until September 1978. I am indebted to a large number of individuals for giving me access to both published and unpublished studies in the libraries of their respective organizations. The author is quick to point out that this bibliography, though quite lengthy, is not complete.
    [Show full text]
  • World Bank Document
    ReportNo. 6442-CRG CaribbeanRegion CurrentSituation, Issues and Prospects Public Disclosure Authorized Otober 17,1986 LatinAmerica and the CaribbeanRegional Office FOR OFFICIAL USE ONLY Public Disclosure Authorized U Public Disclosure Authorized Public Disclosure Authorized Documentof the Ubrld Bank Thisdocument has a restricteddistribution and may be usedby recipients onlyin the performanceof theirofficial duties. Its contents may not otherwise bedisclosed without World Bank atithorization. FOR OMCIL UseONLY PREFACE This Reporthas been preparedfor the CaribbeanGroup for Cooperationand EconomicDevelopment (CGCED). Its prime objectiveis to focus attentionon the performance,problems, prospects and the needs of the Caribbeancountries. Part I, Overviewof the CaribbeanEconomies, provides a synopsis of the prcgressand the outlookof the 15 economiesin the region. While the Bank's updatingecononic reports prepared for the CGCED have essentiallya countryfocus, this sectionof the Reportaims at providinga regionalperspective on selectedeconomic policy and sectorissues, particularlyissues in the traditionalexport sectors, in employment, public finance,exchange rate policy,foreign debt, privatesector and state enterprises. Part II examinesthe externalfinancing requirements for each countryin 1986-88. Three points are noteworthy. First,on a per capita basis, these requirementsare quite substantial.Second, in nearlyall countriesthere is now a need for balanceof paymentsor budgetarysupport in additionto externalfinancing of publicsector investment.And
    [Show full text]
  • A History of Money in Palestine: from the 1900S to the Present
    A History of Money in Palestine: From the 1900s to the Present The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Mitter, Sreemati. 2014. A History of Money in Palestine: From the 1900s to the Present. Doctoral dissertation, Harvard University. Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:12269876 Terms of Use This article was downloaded from Harvard University’s DASH repository, and is made available under the terms and conditions applicable to Other Posted Material, as set forth at http:// nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#LAA A History of Money in Palestine: From the 1900s to the Present A dissertation presented by Sreemati Mitter to The History Department in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the subject of History Harvard University Cambridge, Massachusetts January 2014 © 2013 – Sreemati Mitter All rights reserved. Dissertation Advisor: Professor Roger Owen Sreemati Mitter A History of Money in Palestine: From the 1900s to the Present Abstract How does the condition of statelessness, which is usually thought of as a political problem, affect the economic and monetary lives of ordinary people? This dissertation addresses this question by examining the economic behavior of a stateless people, the Palestinians, over a hundred year period, from the last decades of Ottoman rule in the early 1900s to the present. Through this historical narrative, it investigates what happened to the financial and economic assets of ordinary Palestinians when they were either rendered stateless overnight (as happened in 1948) or when they suffered a gradual loss of sovereignty and control over their economic lives (as happened between the early 1900s to the 1930s, or again between 1967 and the present).
    [Show full text]
  • 2015 Annual Report FORFINANCIAL the YEAR ENDED DECEMBER HIGHLIGHTS 31
    2015 Annual Report FORFINANCIAL THE YEAR ENDED DECEMBER HIGHLIGHTS 31, (IN U.S. DOLLARS) 2015 2014 2013 Total revenues $ 57,116,202 $ 65,559,078 $ 63,822,131 Net income $ 7,518,701 $ 6,265,358 $ 8,594,519 Income from operations $ 8,468,064 $ 6,461,059 $ 7,661,576 1HWFDVKƮRZVIURPRSHUDWLRQV $ 17,319,786 $ 18,184,861 $ 9,379,944 Total assets $ 161,616,698 $ 160,459,831 $ 165,364,854 Total stockholders’ equity $ 148,195,105 $ 144,082,664 $ 141,498,373 Dividends declared per share $ 0.30 $ 0.30 $ 0.30 Basic earnings per share $ 0.51 $ 0.43 $ 0.59 Diluted earnings per share $ 0.51 $ 0.42 $ 0.58 Net income as a % of total revenues 13.16 % 9.56 % 13.47 % Income from operations as a % of total revenues 14.83 % 9.86 % 12.00 % 1HWFDVKƮRZVIURPRSHUDWLQJDFWLYLWLHVDVD 30.32 % 27.74 % 14.70 % of total revenues TRADING IN SHARES 2015 2014 Shares outstanding at year end 14,781,201 14,715,899 Low closing share price during year $ 9.78 $ 9.33 High closing share price during year $ 13.50 $ 14.47 Closing share price at year end $ 12.24 $ 10.68 CONSOLIDATED WATER (THE “COMPANY”) WAS INCORPORATED AS CAYMAN WATER IN 1973. OVER THE YEARS, WE HAVE BENEFITED FROM THE EXPLOSIVE GROWTH IN TOURISM-RELATED DEVELOPMENT IN THE CAYMAN ISLANDS; GROWTH THAT HAS BEEN FACILITATED BY THE WATER WE HAVE PROVIDED. CONSOLIDATED WATER OPERATES IN THE CAYMAN ISLANDS AS CAYMAN WATER COMPANY LIMITED AND OCEAN CONVERSION (CAYMAN) LIMITED, WHICH TOGETHER OPERATE SEVEN PLANTS TO PRODUCE SUBSTANTIALLY ALL OF THE PIPED DRINKING WATER ON GRAND CAYMAN.
    [Show full text]
  • Indigenous Peoples in Latin America: Statistical Information
    Indigenous Peoples in Latin America: Statistical Information Updated August 5, 2021 Congressional Research Service https://crsreports.congress.gov R46225 SUMMARY R46225 Indigenous Peoples in Latin America: Statistical August 5, 2021 Information Carla Y. Davis-Castro This report provides statistical information on Indigenous peoples in Latin America. Data and Research Librarian findings vary, sometimes greatly, on all topics covered in this report, including populations and languages, socioeconomic data, land and natural resources, human rights and international legal conventions. For example the figure below shows four estimates for the Indigenous population of Latin America ranging from 41.8 million to 53.4 million. The statistics vary depending on the source methodology, changes in national censuses, the number of countries covered, and the years examined. Indigenous Population and Percentage of General Population of Latin America Sources: Graphic created by CRS using the World Bank’s LAC Equity Lab with webpage last updated in July 2021; ECLAC and FILAC’s 2020 Los pueblos indígenas de América Latina - Abya Yala y la Agenda 2030 para el Desarrollo Sostenible: tensiones y desafíos desde una perspectiva territorial; the International Bank for Reconstruction and Development and World Bank’s (WB) 2015 Indigenous Latin America in the twenty-first century: the first decade; and ECLAC’s 2014 Guaranteeing Indigenous people’s rights in Latin America: Progress in the past decade and remaining challenges. Notes: The World Bank’s LAC Equity Lab
    [Show full text]
  • The Pound Sterling
    ESSAYS IN INTERNATIONAL FINANCE No. 13, February 1952 THE POUND STERLING ROY F. HARROD INTERNATIONAL FINANCE SECTION DEPARTMENT OF ECONOMICS AND SOCIAL INSTITUTIONS PRINCETON UNIVERSITY Princeton, New Jersey The present essay is the thirteenth in the series ESSAYS IN INTERNATIONAL FINANCE published by the International Finance Section of the Department of Economics and Social Institutions in Princeton University. The author, R. F. Harrod, is joint editor of the ECONOMIC JOURNAL, Lecturer in economics at Christ Church, Oxford, Fellow of the British Academy, and• Member of the Council of the Royal Economic So- ciety. He served in the Prime Minister's Office dur- ing most of World War II and from 1947 to 1950 was a member of the United Nations Sub-Committee on Employment and Economic Stability. While the Section sponsors the essays in this series, it takes no further responsibility for the opinions therein expressed. The writer's are free to develop their topics as they will and their ideas may or may - • v not be shared by the editorial committee of the Sec- tion or the members of the Department. The Section welcomes the submission of manu- scripts for this series and will assume responsibility for a careful reading of them and for returning to the authors those found unacceptable for publication. GARDNER PATTERSON, Director International Finance Section THE POUND STERLING ROY F. HARROD Christ Church, Oxford I. PRESUPPOSITIONS OF EARLY POLICY S' TERLING was at its heyday before 1914. It was. something ' more than the British currency; it was universally accepted as the most satisfactory medium for international transactions and might be regarded as a world currency, even indeed as the world cur- rency: Its special position waS,no doubt connected with the widespread ramifications of Britain's foreign trade and investment.
    [Show full text]
  • National Investment Policy Page 1 of 5
    Bahamas National Investment Policy Page 1 of 5 Introduction to The Bahamas Starting 60 miles off the coast of South Florida and stretching as far south as Cuba, Haiti and the Dominican Republic, The Bahamas is a coral archipelago of 700 islands, 29 of which are inhabited, and over 2,000 rocks and cays. With a population of some 284,000 people, most of who live on the major islands (New Providence, Grand Bahama, Eleuthera, Abaco, Exuma, Long Island, Inagua, Cat Island, Bimini and Andros), and with an adult literacy rate of 95%, The Bahamas has a capable and adaptable work force. The Bahamas, an English speaking country which gained its independence from Britain on July 10, 1973, is one of the most politically stable countries; a parliamentary democracy has operated without interruption for 275 years. The Bahamas has comprehensive and modern infrastructure, particularly on the two major islands, New Providence and Grand Bahama, where most of the population live. Electricity and water are in abundant supply. Telecommunications services and facilities in The Bahamas are state-of -the-art, with direct international links provided through a 100% digital switching system. The economy of The Bahamas is driven by tourism and international banking and other financial services. Retail and wholesale distributive trades, manufacturing, agriculture and fisheries are the other major sectors of the economy. The Gross Domestic Product (CDP) of The Bahamas exceeds $3 billion, 60% of which comes from tourism related activities. The per capita income of the country is $11,000. The Bahamas is an independent monetary entity. The Bahamian dollar is on par with the U.S.
    [Show full text]
  • Automatic Exchange of Information: Status of Commitments
    As of 27 September 2021 AUTOMATIC EXCHANGE OF INFORMATION (AEOI): STATUS OF COMMITMENTS1 JURISDICTIONS UNDERTAKING FIRST EXCHANGES IN 2017 (49) Anguilla, Argentina, Belgium, Bermuda, British Virgin Islands, Bulgaria, Cayman Islands, Colombia, Croatia, Cyprus2, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, India, Ireland, Isle of Man, Italy, Jersey, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Montserrat, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Seychelles, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Turks and Caicos Islands, United Kingdom JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2018 (51) Andorra, Antigua and Barbuda, Aruba, Australia, Austria, Azerbaijan3, The Bahamas, Bahrain, Barbados, Belize, Brazil, Brunei Darussalam, Canada, Chile, China, Cook Islands, Costa Rica, Curacao, Dominica4, Greenland, Grenada, Hong Kong (China), Indonesia, Israel, Japan, Lebanon, Macau (China), Malaysia, Marshall Islands, Mauritius, Monaco, Nauru, New Zealand, Niue4, Pakistan3, Panama, Qatar, Russia, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Saudi Arabia, Singapore, Sint Maarten4, Switzerland, Trinidad and Tobago4, Turkey, United Arab Emirates, Uruguay, Vanuatu JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2019 (2) Ghana3, Kuwait5 JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2020 (3) Nigeria3, Oman5, Peru3 JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2021 (3) Albania3, 7, Ecuador3, Kazakhstan6
    [Show full text]
  • The American Loyalists in the Bahama Islands: Who They Were
    Florida Historical Quarterly Volume 40 Number 3 Florida Historical Quarterly, Vol 40, Article 3 Issue 3 1961 The American Loyalists in the Bahama Islands: Who They Were Thelma Peters Part of the American Studies Commons, and the United States History Commons Find similar works at: https://stars.library.ucf.edu/fhq University of Central Florida Libraries http://library.ucf.edu This Article is brought to you for free and open access by STARS. It has been accepted for inclusion in Florida Historical Quarterly by an authorized editor of STARS. For more information, please contact [email protected]. Recommended Citation Peters, Thelma (1961) "The American Loyalists in the Bahama Islands: Who They Were," Florida Historical Quarterly: Vol. 40 : No. 3 , Article 3. Available at: https://stars.library.ucf.edu/fhq/vol40/iss3/3 Peters: The American Loyalists in the Bahama Islands: Who They Were THE AMERICAN LOYALISTS IN THE BAHAMA ISLANDS: WHO THEY WERE by THELMA PETERS HE AMERICAN LOYALISTS who moved to the Bahama Islands T at the close of the American Revolution were from many places and many walks of life so that classification of them is not easy. Still, some patterns do emerge and suggest a prototype with the following characteristics: a man, either first or second gen- eration from Scotland or England, Presbyterian or Anglican, well- educated, and “bred to accounting.” He was living in the South at the time of the American Revolution, either as a merchant, the employee of a merchant, or as a slave-owning planter. When the war came he served in one of the volunteer provincial armies of the British, usually as an officer.
    [Show full text]