Barbados - Country history and economic development

1627. The first English colonial settlement is established, and Barbados remains a British colony until 1966.

1639. First meeting of the Barbados House of Assembly. This body is the third oldest legislative body in the Western Hemisphere.

1650s. The sugar industry enjoys its most productive and profitable period.

1834. Slavery is abolished in the British empire.

1930s. Widespread unrest and rioting erupts in protest against poor working conditions and inadequate pay and prompts social reforms.

1938. The Barbados Labor Party is founded by Sir Grantley Adams.

1951. The British government grants Barbados full internal autonomy under the British Crown and the Barbados Labor Party is elected to government, with Sir Grantley Adams as prime minister.

1966. On November 20, Barbados becomes a fully independent state within the British Commonwealth.

1989-1992. Recession forces the government to adopt an IMF-approved austerity program.

1999. The Barbados Labor Party wins a second consecutive term in office by a large majority.

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