Book Description
This digital document is an article from Caribbean Update, published by Caribbean Update, Inc. on May 1, 2003. The length of the article is 359 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: MODEST ECONOMIC GROWTH.(economic analysis for St. Lucia)
Publication: Caribbean Update (Newsletter)
Date: May 1, 2003
Publisher: Caribbean Update, Inc.
Volume: 19 Issue: 4Distributed by Thompson Gale

Excerpt. © Reprinted by permission. All rights reserved.

During the last year, the St Lucia economy witnessed a marginal recovery reflected in a real GDP growth rate of 0.1%, said PM Kenny Anthony, reports The Star (April 12, 2003). Though small, this growth rate is "of tremendous significance" following the 4.6% contraction in the previous year, he said. The performance of the economy was influenced by a recovery in banana output, expansion in output of the manufacturing and communications sectors and modest recovery in tourism arrivals.