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A satellite photo of hurricane Katia in the Caribbean in 2017

Caribbean economies face turbulent seas

The diverse Caribbean region offers plenty of economic opportunity and room for growth, especially in tourism and other services, as well as the energy sector. The problem is that these small, open economies are all very vulnerable to external shocks. One of these is severe weather, as hurricane Dorian made all too clear. A global recession or U.S. slowdown would hit the region hard, too.

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