The political environment in the Caribbean countries is stable in 2021. General elections were held in both St. Lucia and the Bahamas,with the opposition parties winning without causing political volatility. In addition,Barbados became a republic,further boosting popularity of current government. However,the regional economic recovery is sluggish,becoming the slowest growing region in Latin America and the Caribbean,facing multiple pressures of inflation and double account deficits,and deteriorating terms of trade in many countries as well. The unfavorable economic situation has contributed to social tensions and high crime rates,but the government is unable to make effective improvements in the short term. And the severe under-vaccination rate of the COVID-19 vaccine is a further drag on economic development and social stability. On the diplomatic front,the Caribbean countries emphasize regional integration and prioritize bilateral cooperation,but territorial disputes between some countries and their neighbors remain unresolved.
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