One Caribbean Nation. ‘TWO-PRONG ATTACK’ ‘INCREASE IMPORTS, BOOST ECONOMIC GROWTH THROUGH STABLE EXCHANGE RATES’ — WORRELL By Emmanuel Joseph In a move that upends decades of thought in economics on managing developing countries like Barbados, the former governor of the Central Bank of Barbados has proposed that the region import more. Dr Delisle Worrell suggested increased imports as part of bold policy reforms focused on currency stability, arguing that only these measures will unlock sustained foreign investment and lift the Caribbean out of decades-long economic stagnation. Economists in the region have long argued against increasing imports, fearing consumer demand would invariably drain foreign reserves and weaken a country's capacity — or will — to grow GDP through domestic industrial development and exports. But in his latest monthly newsletter, Imports Sustain the Quality of Life in the Caribbean, Dr Worrell, who also consulted for the International Monetary Fund and World...
We present and encourage progressive Caribbean views of Caribbean and world affairs. Historian Trevor Marshall The Mahogany Coconut Group stands firmly in support of historian Trevor Marshall’s views on the role of white Barbadians in the politics of their country. We also publicly declare that Marshall has never promoted racism but has spent almost four decades in highlighting social and economic issues that affect the entire country. It was Marshall who first critically examined the role played by Sir. Grantley Adams in Barbados’ political development, to the best of our knowledge, Sir Grantley was black; it was Marshall who questioned the granting of National Hero status to many of Barbados’ National Heroes, most of whom are black. Therefore it is difficult to understand why he is only deemed a racist when he critically analyses the role of Barbadian whites in the country’s development. We are amazed that some Blacks, who rushed to defend Mr.Ralph Johnson’s description ...
One Caribbean Nation. Caribbean News Brief Hunt for escapees GEORGETOWN – Guyana police are on the hunt for three prisoners who escaped from the Lusignan prison holding bay using a rope made from bed sheets. The escapees have been identified as murder accused, 48-year-old Phillip Jhogroo, 18-year-old Mark Emanuel, who was charged with robbery, and Donald Baird, 40, who was imprisoned for murder. (Guyana Chronicle) KINGSTON – The Government is reviewing the strategic implementation of the country’s long-term National Development Plan – Vision 2030 Jamaica. According to the director general of the Planning Institute of Jamaica, Dr Wayne Henry, the review is consequent on the impact of the novel coronavirus pandemic on the country. (CMC) NASSAU – The Bahamas Reef Environment Educational Foundation (BREEF) captured top honours at the 9th annual Global Sustainability Film Awards (GSFA), held recently in the United Kingdom. The GSFA recognises outstanding films from the busine...
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