Education and training are important determinants of firm performance. Through a well-educated and trained workforce, firms have better access to information, expertise, and knowledge which can enhance their productivity and competitiveness. Firms with more educated owners or entrepreneurs also tend to perform better in terms of sales and profits and are more likely to have … [Read more...] about Are Employers in Trinidad and Tobago just ‘whining’, or is the ‘skills’ problem real?
Trinidad and Tobago
The main revenue earner and driver of economic growth -the energy sector- has crashed. Trinidad and Tobago is increasingly looking towards other players in the economy -the private sector- to take on a greater role in stimulating an economic recovery by increasing investment and employment, and earning foreign exchange. The question is whether the private sector in its … [Read more...] about How can Trinidad and Tobago’s private sector become an innovative driver of growth?
By Kamau Joseph (@kamauj_868) In a time riddled with uncertainty, how governments manage public finances can significantly impact the country’s debt burden, the fiscal space within which they operate and the lives of their constituents, especially those who belong to the working class. A World Bank report published in 2015 stated, “In most Caribbean countries, the public … [Read more...] about Things that the Nation Needs: Effective Public Financial Management
By Ian Ho-a-Shu and Natalie Wegener Carmona It’s no secret that being overweight or obese puts people at higher risk for illnesses such as heart disease, hypertension, certain cancers and Type 2 Diabetes. Obesity comes with financial costs at the individual and population levels, but we all know there is no way to put a price on personal good health and wellness. As … [Read more...] about A Big Fat Loss for Trinidad and Tobago
Economic diversification in Trinidad and Tobago is imperative, although diversification away from the energy sector has largely failed. A country with a perfectly diversified export portfolio will have an index close to 0 (most diversified), whereas a country that exports only one product or to one country will have a value of 1 (least diversified). In Trinidad and Tobago, … [Read more...] about Why we need Economic Diversification in Trinidad and Tobago