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 ...
Caribbean News Caribbean Nation Flags School Violence : A dramatic increase in school violence has prompted some teachers unions in the Caribbean, to instruct teachers to avoid trying to get involved when students are fighting or engaging in physical disputes. The upsurge in crimes on the school plant comes as a twelve year old is being charged for murder in one of our islands. Although this crime does not appear to be school related, it signifies a dangerous trend throughout the region, where disagreements among our youth are being settled by use of violence. Walter Rodney Walter Rodney : Investigations into the death of Guyanese and Caribbean intellectual giant and historian, Dr. Walter Rodney, are starting to take shape. The Latest news is that a three member commission has been appointed, to investiga...
Comments