Sunday 31 January 2016

PBS Barbados is Founded at a Time of Swift Economic Growth in the Caribbean

Dutch citizenship is held by the residents of Aruba, Curacao and Sint Maarten, islands in the Eastern Caribbean of the Western Hemisphere. Several Caribbean islands continue to be tied to European countries or to the United States. The United States has a strong concern for the Caribbean as an important geopolitical region, through trade ties and the perceived threat of communist infiltration in the 20th century. PBS Barbados values support for island economic development by its large neighbor to the north.

As sugar production declined due to more favorable economic conditions for sugar in other parts of the world, the islands have sought other areas for economic development, and found an important one in tourism. Jamaica and the Bahamas dominated the tourism industry in the Caribbean early on, and continue to be the most popular tourist destination in the Caribbean, where tourist-based business concerns utilize the services of PBS Barbados to continually upgrade technological efficiencies for their clients.

Foreign investors in the Caribbean islands have led to the construction of hotels and resorts. The financial service industry has grown in the Caribbean islands due to the attraction to clients in the United States seeking to avoid U.S. taxation. The Caymans, the British Virgin Islands and the Antilles of the Netherlands have large and competitive financial service industries and these, along with a thriving shipping industry, utilize the business services of PBS Barbados. Deep water ports have been constructed in the latter half of the 20th century in the Barbados and the Bahamas, allowing the Caribbean to become competitive in the large-scale shipping industry.

​https://en.wikipedia.org/wiki/History_of_the_Caribbean