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The high cost of energy in Jamaica, one of the highest in the Caribbean region, is usually cited as a hindrance to industrial development and efficiency, especially in the manufacturing sector. High energy cost is also considered to be a national energy security issue and the government is...
Persistent link: https://www.econbiz.de/10012056916
Barbados spends approximately seven percent of annual gross domestic product (GDP) on imported fuel, a significant amount in a foreign exchange constrained economy. In addition to the foreign exchange burden of imported fuel, the relatively high cost of electricity is a major constraint...
Persistent link: https://www.econbiz.de/10012993342