...This packet of factual information has been prepared to help our investment and marketing team in there travels to Barbados. It is an independent English-speaking Commonwealth country with a dynamic economy. The most easterly of the Caribbean islands, it is just over three hours by plane from Miami, four and one-half hours from New York and eight hours from London. The Heritage Foundation, 2012) Once the merger has taken place and our new product line of tropical wines will be marketed and manufactured in Barbados the company and its C.E.O feel it would be beneficial to learn the ways of this lovely country as well as its people. Doing business in Barbados can be a very exciting turn of events but we must remember to respect their long standing customs and business etiquette. Barbadians have a tradition of politeness and civility, which is a legacy from their British influence and development. The island of Barbados is very densely populated and due to this the population live in very close proximity. So the tradition of politeness was developed to help avoid unpleasant meetings and confrontations. The citizens of Barbados are strongly enveloped in the use of manners such as always saying “Good morning” to people even strangers. For them it seems to be a way they earn respect amongst their peers and community. A very good note to make from our research it is best to avoid discussing political issues and racial topis when first meeting a Barbadian. This holds true for formal...
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...12/4/11 BARBADOS There are many tropical places in the world with astonishing and beautiful temperate climate zones but what more can a place like Barbados offer when it has something for everyone to enjoy? Just like the tropical island of Guam, Barbados has a beautiful ocean breeze touching the sun-kissed island and showing off its beautiful ambiences to every single visitor can once they step foot on the island for the first time. This island’s population is 286,705 large since July 2011 and is located within a chain of islands just easterly of the Caribbean Sea right above South America. The island is owned by Barbadian’s with the national language of English and slangs it with a native accent. The island is made up mostly of limestone and measures up to 166 square miles (21 miles in length & 14 miles in width). The island is flat in geographical feature and has one major incline which is known to be Mt. Hillaby. The capital, Bridgetown, is located northwest of the island and is known to be the main tourist spot for any visitor to enjoy major shopping sprees, sight-seeing and even horseracing to help get to places without automobiles or buses. Barbados also has the lowest crime rate within the Caribbean region and is particularly one of the safest places to travel all year round. So deciding where to go during fall or even the coldest winters, Barbados offers summer all year round with the sun served daily. History The first in habitants of Barbados where the...
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...Tourism emerged as the dominant industry in Barbados in the 1970’s, replacing the sugar industry as the main foreign exchange earner. It is estimated that tourism currently accounts for 54% of the country’s foreign exchange earnings and 14% of its Gross Domestic Product (GDP). Approximately, 10% of the labour force is employed in the industry. Barbados currently has the highest Human Development Index in the Caribbean region and its GDP per capita of US$16,150 places it among the top tier income countries in Latin America and the Caribbean. However, at this juncture the country faces serious economic challenges. In the aftermath of global financial crisis the Barbadian economy has struggled to get back on a path of growth. Since 2008, the economy has contracted by an average annual rate of 0.8% and in 2013 it shrank by 0.7%. The 508,520 tourist arrivals the country saw in 2013 was 11.2% below the level registered in 2007. While for a long time the country has operated a fixed exchange rate system at US$1 = BDS$2 some analysts have question the sustainability of its exchange rate. Its net international reserves have plummeted from US$718 million in 2010 to US$563 million at the end of 2013. Over the same period its debt to GDP ratio moved from 70.3% to 94%. This rapid accumulation in public debt is explained by a surge of expansionary spending which caused the budget deficit to widen and it is expected to reach 9.6% at the end of the 2013/14 fiscal year. Furthermore, according...
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...“The factors influencing and the rationale behind the establishment of Public Enterprises within Caribbean states” THE INFLUENCING FACTORS Reasons for setting up public enterprises were wide and varied. (C. Holder 1990). The countries of the English speaking Caribbean have traveled and endured a far distance; from freedom to couples of imperialistic societies achieved through colonialism; followed by wars and riots which lead to neocolonialism and finally to independence (Dominquez, Pastor and Worrel 1993). The post colonial era was the most active in relation to political thought and transformation as the social and economic issues of the “riot times” were examined. The minimal participation of the government in the laisser- faire ideological infrastructure that governed that period was the major purpose for change and as the full political responsibility for government was localized and the drive to industrialization spearheaded the drive for economic development trough the passage of Public Enterprises in Caribbean states. Caribbean governments wanted full participation in the commercial markets; what Mr. Norman Manly avidly describes as “commanding the heights of economy”. This thirst was quenched as some countries took steps toward the socialist perspective of controlling economies; this step caught the attention of other Caribbean governments and evoked further participation in the commercial and industrial development undertaken by governments. Social welfare...
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...Islands, and the rise in slavery. The demand for sugar grew at a high rate as more of it was being produced. The production itself was taking place in the European-colonized Caribbean islands, which had the perfect climate for growing cane sugar. The rise of slavery meant very cheap labor, thus leading to more sugar being produced in less time. The colonization of the Caribbean Islands in Europe supported cane sugar growth, leading to the trading of the cane sugar. The location and the climate of these islands is further talked about in Documents 1 and 2. The British, Spanish, and French had colonized the Caribbean by 1750 (Doc. 1). Because they had this land, they were able to make a profit off of new crops that grew there. Jamaica and Barbados, two of the islands, had ideal climates for the growth of sugar cane (Doc. 2). It helped cane sugar to grow more quickly, which led to more sugar being traded. The running of the sugar plantations is examined in Documents 6 and 7. There were many materials needed in order to run a plantation, including three-hundred slaves, nine different houses, and two-hundred twenty-five animals (Doc. 6). This explains how the overhead costs on the plantation were expensive, and how the fact that slaves cost nothing positively affected that. The sugar plantations require large sums of money, and were individually owned (Doc. 7). This highlighted how wealthy families saw the value in the sugar trade, and capitalized on that, turning a good profit...
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...The Rise and Fall of the British West Indian Federation HIS 371 Dr. Keith Tinker, Ph.D. April 16, 2015 Lashawn Brown The Rise and fall of the British West Indian Federation can be better understood, if we first understood the history of how the British came to occupy the Caribbean. To do this let us first focus on what was before and what eventually came to be. With that being said, this is an informative essay that is an attempt to discuss the plight of the British colonies in the Caribbean in terms of the rise and fall of the ‘West Indies Federation’ and its future replacements CARIFTA and CARICOM because of the Federation’s failure. This was all done in an effort to propel West Indian nations from colonialism to self-governance and economic self-sufficiency. There was no significance to the Caribbean until the year 1492, when Christopher Columbus set sail to the east on behalf of his country Spain. Columbus set sail in search of wealth, specifically gold and a better trading channel between Spain, China and Japan. His mother land Spain, was at that time, one of the four principal European powers to colonize the Caribbean by the early seventeenth century. The other three principal powers were the Dutch, the British and the French. While on his journey, which should have been easterly, Christopher Columbus somehow ended up in the west where he stumbled upon some islands; his search for the country in the East was unsuccessful. On the islands, situated in the west...
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...refugees, bringing with them their expertise in Sugar Production. On arrival they introduce Sugar cane, sparking what is now know today as the ‘Sugar Revolution’. The Dutch were easily the greatest traders in the region at the time, therefore with the introduction of sugar cane, as it was a bulky crop, would provide the Dutch with extensive revenue since they would be in charge of the shipping and sale of the processed sugar on arrival in Europe. The Dutch supplied the prospective farmers with advice, capital, knowledge and apparatus of sugar production. In this way the Dutch were foster fathers of the movement. The ‘ Sugar Revolution’ began in the Eastern Caribbean around 1640, specifically starting from the British colony of Barbados. The sugar is defined as the changeover from the then chief crop tobacco to sugar cane and all the effects that came with it. The term ‘revolution‘ means a drastic or complete overhaul or change, this directly speaks to the Sugar Revolution as it included dynamic changes in economic and political situations and social aspects of life in the lesser Antilles, as evidenced by changes in the cost of landholdings, social stratification, Absenteeism and Monoculture upon many others. Since the term revolution has been clarified, it can be said that the Greater Antilles did not experience a true revolution as sugar cane was planted alongside other crops such as indigo, cotton and tobacco as in the case of...
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...(Ferguson, 2007). The business environment is constantly changing as time goes by. There are several factors that affect the aspects of the business environment such as benefits, costs, and risks of conducting business. Other factors that the business environment are issues that affect operations, which includes customers, competitors, stakeholders, suppliers, industry trends, regulations, other government activities, social and economic factors and technological developments. There are several Caribbean islands however throughout this paper I will only analyse the business environment of three (3); Barbados, Bahamas, and Cuba. The United Nations Development Programme (UNDP) has ranked Barbados as No. 1 on its Human Development Index in the Caribbean and Latin America. Barbados enjoys a high standard of medicine and health services overall. When it come on to education Barbados has an exceptionally good educational system that comprises free primary, secondary and tertiary levels of education...
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...particular a change apparent from the mid to late 20th century onwards and attributed largely to the increased levels of atmospheric carbon dioxide produced by the use of fossil fuels. Climate change is already beginning to transform life on Earth since around the globe, seasons are shifting, temperatures are climbing and sea levels are rising. Pertaining to climate change it has both natural and human causes and short and long climate forcer. Also it has dangerous effects such as higher temperatures, changing landscapes etc. In the Caribbean, the states in the region formed an organisation that is called Caricom where they joined together to work on various matters. The fifteen (15) Caricom countries are Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago. Focusing on climate changes in the fifteen (15) Caricom countries in the Caribbean, it is considered to be one of the biggest threats to nature and humanity towards them because it can bring about negative and destructive effects caused by short lived and long lived climatic forces. Mostly likely in the Caricom countries, they face potential economic impacts of climate change with their agriculture, tourism and infrastructure. According to researches, in the Caribbean the production of electricity by power companies consumes the largest amount of fossil fuels making them...
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...MEMORY OF THE WORLD REGISTER The Federal Archives Fonds (Barbados) Ref N° 2008-01 PART A – ESSENTIAL INFORMATION 1 SUMMARY The West Indies Federation (1958-1962) was a political federation of ten territories in the Anglophone West Indies. Its formation signaled the beginning of a new era of decolonization for the region of the West Indies in the post-World War II period. The history of the West Indies is inextricably linked with the histories of other former British colonies, which include portions of Africa, Australia, New Zealand, Canada and the United States of America. The Federal Archives reflect the interconnectivity of these histories and document one of the decisive periods of twentieth century history when territories, under the colonial rule of the British Empire, first flexed their ‘political muscles’ and sought to become sovereign nation-states. Undoubtedly, the West Indies Federation shared some commonalities with other contemporary federations particularly with regard to issues such as constitutional reform and overcoming nationalist interests. However, the West Indian experience was unique and distinct from all others mainly as a result of the geographical separateness of the territories by sea and the insularity of the territories, which historically related bi-laterally with England. Additionally, there was the impact of extra- and intra-regional migrations on account of the colonial plantation economies that were...
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...The Caribbean Community (CARICOM) is an organisation of 15 Caribbean nations (see chart N°1), 12 islands and 3 larger coastal nations in and around the Caribbean sea, bordered by the Atlantic Ocean , The Gulf of Mexico, The United States and South and Central America. This community was established by the Treaty of Chaguaramas which came into effect on August 1973 and which was signed at first by only 4 countries : Barbados, Jamaica, Guyana and Trinidad and Tobago. CARICOM was built in order to promote an economic integration and a real cooperation between its members, in order to coordinate foreign policy and in order to ensure that the benefits of integration are equally shared. Its aim was to take part in the international trade scene . In 1989, 13 of the 15 members of the CARICOM decided to change the strategy and to become a single market economy (CSME) so as to better and deeper integrate the members , to widen the membership and to expand the economic mass of the Caribbean community, and to progressively insert the region in the global trading and economic system. Almost 40 years after the creation of the CARICOM, we could ask ourselves about the efficiency of this trade bloc, about its successes and failures. It seems that the CARICOM managed to reach some of its objectives but that its expansion was blocked by several important negative factors. Let’s try to understand what happened. As we said, , the creation of the CARICOM and the CSME...
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...Small Island Developing States Speech – St. Lucia’s Prime Minister as CARICOM Representative Written By Ms. Ingrid Baker: 620042573 (Advisor to Hon. Dr. Kenny and Dr. Anthony) For The Hon. Dr. Kenny (Prime Minister of St. Lucia) Head of Delegation Topic: The Opportunities and challenges for development now being posed to small state economies in light of the implications of climate change. Excellences, Mr. Secretary-General, distinguished ladies and gentlemen; I have the distinct honour to deliver this presentation on behalf of the 15 member states of the Caribbean Community, CARICOM. Now, this comes at a critical juncture for all Small Island Developing States. When, more than ever, critical leadership is required. As we already know, we face the same realities in "the Caribbean where we live," and we endure this reality through the threat produced on our islands by climate change. Climate is existential within the Caribbean, and is very badly affected by rising sea levels, but not that only, since we also need to think of things like the acidification of the oceans, the effects that this has on fish stocks and what this means for food security. Projections show that this warming that is taking place, will be accompanied by an increase in heavy rainfall events and other temporal and spatial changes in precipitation patterns, and by more intense or frequent cyclones/hurricanes. Agricultural land, water resources and biodiversity are already under pressure from increases...
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...Caribbean Community and Common Market The Caribbean Community and Common Market (CARICOM), was establish in 1973 with the Treaty of Chaguaramas. The purpose of the CARICOM is to promote economic integration and development. The CARICOM main focus was in less developed areas of the region. There are many nations part of the CARICOM such as Belize, Trinidad and Tobago, Jamaica, Haiti, Barbados, and the Bahamas, just to name a few. In total there are 15 nations in the CARICOM and 5 associated nations. The CARICOM manages a common market and creates policies on education, labor, science, technology, tourism, health, foreign policy, and the environment. Moreover, there are other institutions associated with the CARICOM such as: the Caribbean Development Bank, the University of Guyana, the University of the West Indies, and the Caribbean Court Justice, which was established in 2005. Lastly, the CARICOM replaced the Caribbean Free Trade Association. Major Article Summary The article of choice is focus on the different pillars of the CARICOM. The article mentioned how the CARICOM developed 5 regional health institutions; they also invested in tertiary-level institutions, and the Caribbean Cooperation in Health, which is the guide for the regional health agenda for the CARICOM states. In 1989, the government decided to fashion the Caribbean Single Market and economy to improve the ability of the CARICOM. This will allow the CARICOM to insert itself more advantageously into the...
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...Economic Integration, according to Investopedia online, is, “an economic arrangement between different regions marked by the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. The aim of economic integration is to reduce costs for both consumers and producers, as well as to increase trade between the countries taking part in the agreement.” According to Norman Girwan, in his paper entitled, ‘Caricom’s Elusive Quest For Economic Integration,’ the Caribbean needed to integrate for similar reasons. Girwan states that the move toward such integration was driven by the need to mitigate against the constraints of small size on development, as well as there were other non-eceonomic objectives. These included “attaining national independence, sharing the costs of common services, pooling bargaining power in international environment and instituting a common West Indian identity.” Girwan continues by stating emphatically that “economic integration is still a work in progress for the Caribbean peoples; and what has been accomplished so far has not impacted significantly on regional economic development.” He attests that “this could be due to faulty implementation of agreed integration schemes, or to inappropriate design of the schemes themselves, or to inherent limits in the capacity of economic integration per se to drive development in these economies.” In a similar manner, Mehmet Ekizoglu, in his paper Mercosur, It’s History, Institutions...
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...EVENT MANAGEMENT *** Name: Nguyen Dinh Van – Victor Year: 2 Intake: 25 Lecturer: Mr. Zin PROJECT At 27 March, both intake 25 and 26 had the event with around 100 guests. The theme of event was CARIBBEAN CALYPSO, and the main color was blue and white that created about the Caribbean Island with ocean around. On the other hand, this event is one of subject of the school program; however I think I had a lot of experiences during this event. In this event, my position in this event is chef after voting in both intakes. First, I was chosen the partners, who will work with me during this even. While, somebody was volunteer to come to kitchen, someone was come to kitchen because the manpower in kitchen was not enough. So, in the kitchen, we also had some problem in our group. After planning, my, executive chef (Ding YiWei) and pastry chef (Chen DaCheng) ,whose will plan the menu for event because at the first time, we had three ideas for the event as Korean cuisine, Japanese cuisine and Caribbean cuisine. Until the day to discussing the menu, we were to remove the Korean cuisine because the menu of Korean cuisine was not good. The next discussing, my and executive chef should to show both menu Japanese and Caribbean cuisine to Mr. Hew (who is the head master of SHRM College), Mr. David and Mr. Zin (who is a teacher to take care the event). Finally, we were choose the Caribbean event because this menu was better than Japan menu; however, I also needed to change the main course...
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