Tag Archives: Economic Impact

Birth rates in Trinidad and Tobago: Why declining fertility threatens pensions, growth and retirement security

Declining birth rates in Trinidad and Tobago: Economic and retirement implications.

Birth rates in Trinidad and Tobago have fallen sharply over the past five decades, creating a structural demographic shift that threatens economic growth, the sustainability of public pensions, and the financial security of future retirees. The country’s crude birth rate declined from about 29 births per 1,000 people in the …

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How Trinidad’s Carnival boosts economy and tourism

Feel the rhythm: Best Caribbean festivals for winter travellers. How Carnival boosts Trinidad’s economy.

Trinidad and Tobago Carnival, often dubbed “The Greatest Show on Earth”, is more than just a vibrant celebration of culture, music, and creativity. It is a significant economic driver that fuels the twin-island nation’s economy and tourism sector. Each year, this world-renowned festival attracts thousands of visitors, generates substantial foreign …

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The possible economic effects of the 2024 US port workers strike on Trinidad and Tobago

The ripple effect of the US port workers strike on Trinidad and Tobago's economy.

The 2024 US port workers strike involves over 45,000 members of the International Longshoremen’s Association (ILA), affecting 36 ports across the East and Gulf Coasts. These ports handle around 43% to 49% of all US imports, and the strike has the potential to disrupt global supply chains, including those in …

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Eastward safety exodus amid soaring crime rates in Trinidad and Tobago

Eastward Exodus

Port-of-Spain, once a bustling hub of commerce, feels eerily hollow these days. Shop windows stare blankly, “closed for relocation” signs flapping in the sea breeze. This isn’t a planned economic shift, but a desperate exodus driven by an invisible enemy: “Town’s” rampant crime. Citizens are fleeing the western peninsula en …

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Potential effects of a war between Guyana and Venezuela on Trinidad and Tobago

Guyana and Venezuela

Amidst the intricate tapestry of Caribbean geopolitics, the spectre of war between Guyana and Venezuela casts an ominous shadow over neighbouring Trinidad and Tobago. As territorial disputes and resource claims continue to escalate, the potential ramifications for Trinidad and Tobago’s political stability, economic prosperity, and regional security are dire and …

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