The Wall Street Meltdown: what does it mean for us?

INSTITUTE OF CARIBBEAN STUDIES
Teleconference Series:
Tuesday, October 7, 2008 at 7 PM EDT

Dr. Fontaine and Mr. Williams provided good analysis of the potential impact of the current U.S. financial crisis on the Caribbean. Major themes from the guest speakers’ remarks included:
• Potential reduction in remittance flows to the Caribbean as the disposable income of the Diaspora in the U.S. decreases
• Less flexibility in obtaining credit from U.S. banks
• Reduction in tourist arrivals to the Caribbean as individuals cut back on expenses

For more information listen to the teleforum and read Leo Williams’ presentation on the Forums page at www.icsdc.org.

We invite you to post your comments, quesitons, or concerns regarding the impact of the U.S. financial crisis on the Caribbean.