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Airfare Barbados

Politics

Barbados has been an independent state in the Commonwealth since November 30, 1966. It functions as a parliamentary democracy modeled on the British Westminster system. Its Parliament comprises thirty seats. It has been proposed that Barbados become a republic within the Commonwealth of Nations, with a ceremonial president replacing the British Sovereign. This issue is still being debated, as the island has been stable and governmentally autonomous for decades and the Crown's position is strictly nominal.

Barbados is a full and participating member of the Caribbean Community (CARICOM), the Caribbean (CARICOM) Single Market and Economy (CSME), the Caribbean Court of Justice (CCJ), which pertains only to Barbados and Guyana but is expected to replace the UK Privy Council for the entire English-speaking Caribbean eventually, and the Association of Caribbean States (ACS).

Barbados has a two party system, the two dominant parties being the ruling Democratic Labour Party and the Barbados Labour Party. The Barbados Labour Party (BLP) had been in government for fifteen years, since 1993 until the 2008 general election. Under this administration, the Former Prime Minister, The Right Honourable Owen S. Arthur also acted as the Regional Leader of the CSM (Caribbean Single Market). The Right Honorable David Thompson is the Prime Minister of Barbados.

Geography

Barbados is a relatively flat island, rising gently to the central highland region, the highest point being Mount Hillaby, in the Scotland District, at 340 meters (1,100 ft) above sea level. The island is located in the Atlantic Ocean, to the east of the other Caribbean islands. The climate is tropical, with a rainy season from June to October.

Barbados is often spared the worst effects of the region's tropical storms and hurricanes during the rainy season as its far eastern location in the Atlantic Ocean puts it just outside the principal hurricane strike zone, and a hurricane hits about every 26 years.

In the parish of Saint Michael lies Barbados' capital and main city, Bridgetown. Locally Bridgetown is sometimes referred to as "The City", but the most common reference is simply "Town". Other towns scattered across the island include Holetown, in the parish of Saint James; Oistins, in the parish of Christ Church, and Speightstown, in the parish of Saint Peter.

It is geologically composed of coral (90 m/300 ft thick). The land falls in a series of "terraces" in the west and goes into an incline in the east. Most of Barbados is circled by coral reefs.

The climate is moderate tropical with two seasons; dry and wet. The dry season (Dec-May) and wet season (June- Nov) gives an annual rainfall of 40-90 inches (1,000-2,300 mm).

Economy

Historically, the economy of Barbados had been dependent on sugarcane cultivation and related activities, but in recent years it has diversified into the manufacturing and tourism sectors. Offshore finance and information services have become important foreign exchange earners, and there is a healthy light manufacturing sector. In recent years the Government has been seen as business-friendly and economically sound. Since the late 1990s the island has seen a construction boom, with the development and redevelopment of hotels, office complexes, and homes.

The government continues its efforts to reduce unemployment, encourage direct foreign investment, and privatize remaining state-owned enterprises. Unemployment has been reduced from around 14 percent in the past to under 10 percent.

The economy contracted in 2001 and 2002 due to slowdowns in tourism, consumer spending and the impact of the September 11, 2001 attacks, but rebounded in 2003 and has shown growth since 2004. Traditional trading partners include Canada, the Caribbean Community (especially Trinidad and Tobago), the United Kingdom and the United States.

Business links and investment flows have become substantial: as of 2003 the island saw from Canada C$25 billion in investment holdings, placing it as one of Canada's top five destinations for Canadian Foreign Direct Investment (FDI). Businessman Eugene Melnyk of Toronto, Canada, is said to be Barbados' richest permanent resident.

It is thought[attribution needed] that the year 2006 will turn out to have been one of the busiest years for building construction ever in Barbados, as the building-boom on the island has entered a final stage for several multi-million dollar projects across the island. .


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