When I check my saving account my first reaction is usually to call the bank or the police. I see the balance and I tell myself ‘my God I have been robbed’. However, the truth is that there is no thief to be blamed other than me. I underestimate deductions, forget to budget realistically for regular expenditures and forget about unplanned expenditures. The result of my … [Read more...] about Fiscal Unruliness – Checking the Usual Suspects for Jamaica’s Debt Buildup
debt
The IDB’s Country Strategy with the Government of The Bahamas
by Michael Nelson, Natalie Bethel, Astrid Wynter and Cherran O’Brien Is national income per capita a comprehensive reflection of the development status of a country? What if it is an archipelagic nation lying in the middle of the hurricane belt with a small population, high geographic and economic concentration of production, high reliance on one market for export earnings, … [Read more...] about The IDB’s Country Strategy with the Government of The Bahamas
A short note on “Caribbean Youth”
In many ways we have become accustomed to analyzing, critiquing and comparing our countries’ respective levels of development as though they were all birthed into independence at the same time and under the same conditions. However, upon celebrating my birthday earlier this year, it dawned on me that my sister-isle nation of Trinidad & Tobago is merely 19 years older than … [Read more...] about A short note on “Caribbean Youth”
Jamaica at a Crossroads
The upbeat sentiment following the signing of the Extended Fund Facility with the IMF on May 1, 2013 was short-lived. The approval by the IMF board marked the beginning of a heavy, front loaded adjustment that is being felt now. And it has not been an easy six months. … [Read more...] about Jamaica at a Crossroads