Look good at the green line, the one that represents Mexico, Central America and the Caribbean.
I do not see anything there to shout about.
In fact that particular region as a whole did better in 07 - 08 than 2010 and 11.
The region represented by the green line does not seem to be having no big upward trend.
I wonder if the reasons that bloggers a putting forward for Antigua's decline is the same for St.Lucia and Grenada.

Who wants to live or even visit a country where home invasions and robberies are happening on a daily basis...
One robbed tourist has a negative effect on all each one will probably tell 50 of his friends and family...during race week, the group of high powered executives, 11 gentlemen, known as the Escaped Aussies, who donated a stove and had it installed at the Good Shepard Orphanage...wer e allegedly robbed in there rented villa..while they slept...Million s of potential dollars have been lost to the tourist industry...Catc h these criminals before they ruin the industry and land investment

This is a great opportunity for us to take care of ourselves and stop relying on other people's money to feed us. Once we can provide for ourselves, we can then turn to FDI for continued growth.

Do we really expect people to invest in an econmy that is being controlled by the IMF? Do we expect people to invest in a country that has no proper infastructure maintenance? Do we expect people to invest after a government takes away peoples land and then can't pay for it? Do we expect people to invest in a country that has a government who starts to take up people land and property before they are even convicted of a crime like they did Stanford? Then look at the people in charge (Spencer, Daniel, Maginley, Namba etc...) do we really expect people to invest with them?

and yet the Govt continues to lie to us. They say that FDI is not exixtant everywhere. what are have done to ABI will make things worse.

And you would think with the high quality roads, reliable utilities, efficient port and customs services, productive, well educated workforce, and most of all, honest government, Antigua would be leading the pack.

Maybe in it's race to the bottom !!!!!!!!

Couldn't imagine why no one wants to invest in a so-called country that covers up fraud and expropriates it's victim's property.

Come on, give the UPP a break, any rational person know FDI is slower than usual, yes it is Latin America getting most of the FDI, particularly from Asia, business activity is vibrant in both direction.

There can be discussions, Antigua suffered more than any other, we passed through the ALP recession, Stanford, CLICO, and the world recession till looms large, so look at the overall picture before trying to make a political statement!

I will not be available today, going yachting, yes probably I will see Lester on his buddy's yacht. Lester, look out for the wave...

Quote:

However, this trend of growth was not seen in Antigua and Barbuda, where a decline of 37% from $101 million in 2010 to $64 Million in 2011 was observed.

Of course this trend wasn't seen in Antigua. We have a government that builds on land it does not own, expropriates properties, refuses to pay HMB as per the court ruling and causing ABIB to fail by not honoring its debts to the bank. Add to that the failure to release the report into the FSRC and refusing to investigate Errol Cort for his conflict of interest with Stanford while Finance Minister and we have a picture of corruption and lawlessness within government.

If that were not enough then we have the Used Chinese generators that were purchased without going before parliament for approval, and the continued refusal to explain basic questions regarding the age of these generators.