Christian Romer Løvendal, Kristian Thor Jakobsen and Andrew Jacque, FAO/ESA, 2007 The economy of Trinidad and Tobago is booming, in particular as a consequence of increased energy production and the historical high oil prices. Whilst general inflation has remained relatively low for much of the present economic boom, substantial increases in retail food prices have been observed, in particular since 2005. This paper looks at the development of retail food prices, its causes, the potential impact thereof in terms of food security and possible policy options for addressing this. It concludes that whilst households with low income are the groups most affected by the food price increases and will continue to be so in the wake of increasing international prices, it is unlikely that the price increases in isolation will throw off Trinidad and Tobago’s path towards meeting the MDG 1 hunger target and bringing the share of undernourished people down to 6.5% by 2015. However, food security problems will remain, in particular related to overweight and obesity caused by unbalanced diets.
The NES is a plan of action aimed at achieving the transformation of Dominica‟s export sector. Through this programme, the sector hopes to double its contribution to national income within the medium term, that is, from 2010 to 2014.
The strategy seeks to: