Aim of Project The growth of national incomes in the Caribbean and Central America suggest that poverty rates in the region should be falling and that a larger proportion of the population is moving into the middle-income and higher income classifications. As such, a larger proportion of the population within these countries should be able to […]
From time to time, we are asked for details about the research methods we use when uncovering insights. This is a tough question since we use so many, and the method ultimately used in a project depends on the data and the topic being investigated. Generally, we use both primary and secondary data collection methods,
Aim of Project The production of poultry meat is one of the largest areas of agriculture production in Barbados. In 2013, just over 13 million kilograms of chicken meat was produced, more than twice the amount of pork, beef, veal, mutton and turkey combined. The local chicken market is protected from significant competition from imported
Relationship Between Imports and Production/Sales of Poultry Products Read More »
Aim of the Project The financial system is one of the most important parts of an economy, governing all movements of capital between agents. It also provides useful indicators of the health of an economy and various groups such as government entities, private companies and individuals. Many observers of any economy will therefore pay close
Modelling the Stability of the Barbadian Financial System Read More »
Today I received a phone call from a research agency inviting me to participate in a customer satisfaction survey for a financial institution. Since I’ve been on the other end of those calls, I tend to be very cooperative; after all, they usually only take a couple of minutes. After the telephone survey was completed,
Consumer finance is one of the biggest industries in the Caribbean, encompassing commercial banks, credit unions, finance houses, insurance companies, auto dealerships, store cards, hire purchase agreements and building societies. It is also one of the most competitive. Across the globe information is the linchpin of winning the competitive race, and here in the Caribbean
At Antilles Economics we often encounter data limitations both when doing work for clients as well as when conducting our own independent analysis. Not all of these limitations are within our power to fix. But some are. Here’s a selection of common limitations and how we’ve fixed them. There are times when a particular variable is
Data Limitations – What to Do When the Data You Need Isn’t There Read More »
Aim of the Project In early 2011, the Government of Barbados introduced a dispensing fee for prescriptions filled at private pharmacies. This fee, the equivalent of 30% of the cost of the medicine, was expected to raise US$6 million for the Government and reduce the budget of the Barbados Drug Service by US$8.7 million. The
Impact of Legislative Change on Demand for Medicines in Barbados Read More »
The tourism industry in Barbados faces many challenges: declining visitor expenditure, low tourist arrivals, changing visitor preferences, climate change, tighter financial budgets and increased competition from other destinations. We use our economics and data analytics skills to reduce the threats and maximise the opportunities inherent in each of these challenges. Sample of the questions we can
I’m sure that you have heard entrepreneurs in the Caribbean complain that they have a very difficult time sourcing financing. In fact, a World Bank survey for Barbados found that 41% of small businesses stated that access to finance was a major obstacle for their business, compared to 30% of their counterparts across the world.
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