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The economy of Trinidad and Tobago is the third wealthiest in the Caribbean and the fifth-richest by GDP (PPP) per capita in the Americas. [ 17] Trinidad and Tobago is recognised as a high-income economy by the World Bank. Unlike most of the English-speaking Caribbean, the country's economy is primarily industrial, [ 18] with an emphasis on ...
Social unrest has shaped the development of Trinidad and Tobago since the middle of the 19th century. Attempts by the British colonial government to crack down on the celebration of Carnival sparked the Canboulay Riots in 1881 and 1884. Attempts to control the celebration of Hosay by the Indian population culminated in the Hosay Riots in 1884.
The Jamaat al Muslimeen coup d'état attempt was an attempt to overthrow the government of Trinidad and Tobago, instigated on Friday, 27 July 1990.Over the course of six days, Jamaat al Muslimeen, a radical extremist Islamist group, held hostages (including Prime Minister A. N. R. Robinson and other government officials) at the Red House and at the headquarters of the state-owned national ...
The Securities Market which informally existed in Trinidad & Tobago for well over twenty years prior to the opening of the Trinidad & Tobago Stock Exchange really achieved significance in the early 1970s when the Government decided as a matter of policy to localise the foreign owned commercial banking and manufacturing sectors of the economy.
From shell midden, Mt Irvine Bay, Tobago, 1957. Human settlement in Trinidad dates back at least 7,000 years. The earliest settlers, termed Archaic or Ortoiroid, are believed to have settled Trinidad and Tobago from actual Venezuela at northeastern South America around 4000 BC. Twenty-nine Archaic sites have been identified, mostly in south ...
Modern Trinidad and Tobago maintains close relations with its Caribbean neighbours and major North American and European trading partners. As the most industrialized and second-largest country in the English-speaking Caribbean, Trinidad and Tobago has taken a leading role in the Caribbean Community (CARICOM), and strongly supports CARICOM economic integration efforts.
The Central Bank of Trinidad and Tobago undertakes many functions in its day-to-day operations. The Central Bank of Trinidad and Tobago was established by an Act of Parliament on December 12, 1964. In particular, the Bank's main responsibilities are to issue and redeem currency; maintain monetary and financial stability; act as banker to the ...
It was signed by Barbados, Guyana, Jamaica, and Trinidad and Tobago. It came into effect on 1 August 1973. The treaty established the regional institution while replacing the Caribbean Free Trade Association which ceased to exist on 1 May 1974. The revised treaty, signed in 2001, created the Caribbean Single Market and Economy.