IM Yearbook 2020/21
Born from the need for a global, credible, “go-to” publication, the 3rd IM Yearbook offers valuable access to a prime target audience of top industry influencers, decision makers, and the foremost referral network to the world’s most influential Investment Migration programmes: Government officials such as Heads of CIU’s, policy makers, academics, migration agents, law firms, wealth managers, financial advisors, real estate developers, and international firms involved in investment migration.
Born from the need for a global, credible, “go-to” publication, the 3rd IM Yearbook offers valuable access to a prime target audience of top industry influencers, decision makers, and the foremost referral network to the world’s most influential Investment Migration programmes: Government officials such as Heads of CIU’s, policy makers, academics, migration agents, law firms, wealth managers, financial advisors, real estate developers, and international firms involved in investment migration.
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What’s your economic outlook for the<br />
Caribbean? How do you expect the region to<br />
develop in the next three to five years?<br />
I predict a slow recovery. In 2018-19 the region experienced<br />
positive growth recovering from Hurricane Maria. This<br />
year growth for the region will drop around 8.5 per cent<br />
on average, before it might reach again levels above 4<br />
to 5 per cent of GDP in a few years. In my opinion, the<br />
next two years will be difficult, and a more prolonged<br />
recovery will only start from the third year onwards. The<br />
Caribbean countries should be extremely careful and<br />
ensure CBI funds are put to good use. Otherwise we will<br />
see countries building up very high external debts and,<br />
ultimately, countries may find they are unable to pay.<br />
Dr Mario Gutierrez has<br />
more than 30 years of<br />
professional experience<br />
in advising developing<br />
and poor countries and is<br />
currently working as Marco<br />
Economic Advisor for the<br />
International Monetary<br />
Fund (<strong>IM</strong>F) stationed in<br />
Dominica. Previously,<br />
he worked for the World<br />
Bank, USAID, the Institute<br />
of International Finance<br />
and the International<br />
Monetary Fund in Washington DC, as well as the<br />
BIO<br />
Central Bank of Chile. He has taught developing<br />
economics at Georgetown University and<br />
George Washington University in Washington<br />
DC, as well as at Sciences-Po and American<br />
University in Paris. In addition, he has produced<br />
research for the World Bank and the European<br />
Commission. He was born in Chile and holds a Ph.D<br />
in Economics from the University of Chicago, US.<br />
Investment Migration <strong>Yearbook</strong> 2O2O/2O<strong>21</strong> 15
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