Economists raise questions about over-reliance on sector

Barbados’ economic stability is dangerously over-reliant on tourism and could quickly unravel if that sector falters, economist Professor Troy Lorde has warned.

Reacting to the Central Bank of Barbados’ first quarter review last week, he said the headline figures, while positive, tell only part of the story, pointing out that growth remained heavily concentrated in a single sector.

His colleague at the University of the West Indies Cave Hill, Professor Don Marshall, described the recent...