In two years time significantly larger ships will be able to pass via an enlarged Panama Canal between the Pacific Ocean and the Caribbean Sea. Together with other infrastructural developments this is leading some Caribbean governments to hope that with the support of investors from outside the region, Panama’s development as a hub for the hemisphere could significantly improve the region’s economic prospects.
Although this idea needs to be treated with a degree of caution, not least because many Caribbean nations remain heavily indebted and remain at risk from any significant increase in
