A Review of the Dynamics Between the Energy Sector and the Economy of Trinidad and Tobago

A Review of the Dynamics Between the Energy Sector and the Economy of Trinidad and Tobago PDF Author: W. J
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

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Book Description
Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product. Historically, the sector has also been the largest recipient of foreign direct investment. Because of the importance of the energy sector to Trinidad and Tobago, an understanding of the dynamics between energy inputs and the economy can be very useful in guiding government planning and policy decision making. This paper uses correlation analysis to investigate the nature of the relationship between key energy sector parameters and macroeconomic variables. The strong degree of correlation among all the variables examined underscores the need for developing an econometric model which links the macroeconomy to the energy sector.

A Review of the Dynamics Between the Energy Sector and the Economy of Trinidad and Tobago

A Review of the Dynamics Between the Energy Sector and the Economy of Trinidad and Tobago PDF Author: W. J
Publisher:
ISBN:
Category :
Languages : en
Pages : 5

Get Book Here

Book Description
Trinidad and Tobago is a small, energy-based, developing economy of the Caribbean. Using the most recent available data (2007) the energy sector in this country accounts for approximately 87 percent of exports, 48 percent of government revenue and 43 percent of gross domestic product. Historically, the sector has also been the largest recipient of foreign direct investment. Because of the importance of the energy sector to Trinidad and Tobago, an understanding of the dynamics between energy inputs and the economy can be very useful in guiding government planning and policy decision making. This paper uses correlation analysis to investigate the nature of the relationship between key energy sector parameters and macroeconomic variables. The strong degree of correlation among all the variables examined underscores the need for developing an econometric model which links the macroeconomy to the energy sector.

From Oil to Gas and Beyond

From Oil to Gas and Beyond PDF Author: Trevor M. Boopsingh
Publisher: University Press of America
ISBN: 076186329X
Category : Business & Economics
Languages : en
Pages : 497

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Book Description
From Oil to Gas and Beyond chronicles the history of the petroleum industry in Trinidad and Tobago and appraises major policy decisions impacting its economy. The book details the macroeconomic, commercial, and technical challenges faced by Trinidad and Tobago in the monetization of its oil and gas resources over the past one hundred years. The contributors cover several topics including local content, national participation, sustainability, communication, leadership, energy diplomacy, environmental law and macroeconomic policy.

Trinidad and Tobago

Trinidad and Tobago PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1475504012
Category : Business & Economics
Languages : en
Pages : 24

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Book Description
This Selected Issues Paper focuses on the Heritage and Stabilization Fund (HSF) and development in the energy sector in Trinidad and Tobago. The HSF, established in 2007, is an important national asset, which has broad-based political and social support. The HSF has developed a strong record since its creation. It has performed well as measured by the accumulation of savings, the portfolio return, and adherence to the Santiago Principles for transparency and governance. This is particularly commendable given global and domestic financial crises.

Oil and Gas in Trinidad and Tobago

Oil and Gas in Trinidad and Tobago PDF Author: Roger Hosein
Publisher: Springer Nature
ISBN: 3030776697
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
Oil and Gas in Trinidad and Tobago presents a historical economic review of the energy sector of Trinidad and Tobago, followed by a detailed evaluation of policies associated with resource abundance and the effects on the economy from various perspectives, including industrialization, labor productivity, education, export diversification, and competitiveness. This book utilizes a wide range of statistical data and methodologies to both economically and statistically analyze these issues at hand. The content of this book will be useful not only for policymakers but also for researchers and students interested in the field.

Policy Perspectives for Trinidad and Tobago

Policy Perspectives for Trinidad and Tobago PDF Author: Liliana Rojas-Suárez
Publisher: IDB
ISBN: 9781597820301
Category : Business & Economics
Languages : en
Pages : 280

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Book Description


Trinidad and Tobago

Trinidad and Tobago PDF Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1484330005
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
This Selected Issues paper reviews the performance and reform plans for public bodies (PBs) in Trinidad and Tobago. PBs represent a source of fiscal risk to the government through the generation of financial losses, with current and capital transfers from the central government to PBs amounting to 3.5 percent of GDP in FY2015/16. Inappropriate pricing policy and weak governance are the most prevalent sources of fiscal risk. PBs must improve public service delivery and become profitable. Key policies should center on incentives for performance, stronger corporate governance, and better public oversight. Steadfast restructuring of PBs with losses must be implemented either through restructuring those that are nonviable or liquidating them to ensure efficiency and improved resource allocation.

Caribbean Energy

Caribbean Energy PDF Author: Arnold McIntyre
Publisher: International Monetary Fund
ISBN: 1513560743
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.

Trinidad and Tobago Industrial Policy 1959-2008

Trinidad and Tobago Industrial Policy 1959-2008 PDF Author: Wendell Mottley
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 264

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Book Description


Trinidad and Tobago

Trinidad and Tobago PDF Author: Joint UNDP/World Bank Energy Sector Assessment Program
Publisher:
ISBN:
Category : Energy policy
Languages : en
Pages : 110

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Book Description


Review of the Economy

Review of the Economy PDF Author: Trinidad and Tobago. Ministry of Finance
Publisher:
ISBN:
Category : Trinidad and Tobago
Languages : en
Pages : 164

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Book Description