Photo courtesy of Wikimedia Commons, Author, Hagainativ Not too long ago, news started to emerge that Jamaican banks would sever relations with cambios as they created problems with their international correspondent banks. (To transfer money abroad, banks need partner banks in that country, these are called correspondent banks.) This is a severe problem as in today’s modern, … [Read more...] about De-Risking and Correspondent Banking – A Caribbean Example
Non-Communicable Disease – don’t let it take you out!
A Child from the Garrison
Elsa accepting her award. Photo courtesy by Navita Anguna As chair of the Rotary Club of Kingston (RCOK) Scholarship Committee, I am always on the lookout for students who have performed exceptionally well while being financially challenged. This is the story of one of our 2015/2016 awardees. … [Read more...] about A Child from the Garrison
Boot camps to kickstart public-private partnerships in the Caribbean
Image by the Financial Gazette http://www.financialgazette.co.zw/ppps-help-reconstruction-efforts/ by David Bloomgarden and Dennis Blumenfeld The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services like wastewater … [Read more...] about Boot camps to kickstart public-private partnerships in the Caribbean
Sir William Arthur Lewis’ 100th Anniversary
Photo by SKopp - Own work, Government of Saint Lucia, Public Domain 2015 marks the 100th anniversary of Sir William Arthur Lewis’ birth. Who was Arthur Lewis? He was a Saint Lucian born economist who in 1979 won the only Nobel Prize in Economics by a native Caribbean for his contributions in the field of economic development. In his most influential publication entitled … [Read more...] about Sir William Arthur Lewis’ 100th Anniversary