Tag Archives: Barbados Economy
Dr. Clyde Mascoll

Clyde Mascoll’s Insight to the Barbados Economy

History will first remember Dr. Clyde Mascoll as an aspiring politician who misread the tea leaves when he failed to accept the return of the late David Thompson to lead the party. Then only will his study of economics and other academic achievements be referenced. BU however will always define Mascoll as the  quintessential economist. Few if any of his profession understand the numbers behind the Barbados economy the way he does. His many years spent at the Central Bank has prepared him for the role as chief spokesman on the economy.

BU recommends Mascoll’s recent column.

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Caricom

CARICOM Continues to be Challenged by Governance and Economic Issues

Submitted by the Mahogany Coconut Think tank and Watchdog Group As is customary, we join with other commentators, that review the year and what gains, if any, the region would have made. As much as it distresses us, we are forced to conclude that 2014 brought nothing new to the region and that 2015 portends […]

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Prime Minister Fruendel Stuart

Prime Minister Stuart… all we want for Christmas is for the giant to be aroused from his slumber

It is difficult to feel cheerful in the Yuletide season when so many things in Barbados seem to be deteriorating. It is difficult to feel confident if a minister of cabinet publicly expresses his lack of confidence in how the Cabinet is managing “process and procedure’’. He is on the inside isn’t he? It is […]

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Change Fruendel, Change Chris NOW!

Submitted by Old Onion Bag Confidence. That is what investors are looking for, but don’t have in Barbados. How much longer will it take an educated people to realize the need for change to different men in positions at the TOP if there is to be a revitalization of this our staggering and stalling economy? […]

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Increased Taxation Will NOT Work Mr. Sinckler. Have you ever heard of Laffer’s Curve…?

Submitted by Just Thinking Economics Who ever said that increased taxation will help Barbados out of its current mess needs to have their heads examine. We are already overly taxed and to inflict further pain…..”broadening the tax base”…. will do nothing more than to compound “the already poor” problems. Just imagine asking small incomers (working […]

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Governor Delisle Worrell Repeats Himself

The following statement was made by Governor Delisle Worrell in January 2011. .“Barbados economy predicted to grow by 2% The Governor of the Barbados Central Bank, Dr. Delisle Worrell says the island’s economy is expected to grow by about 2% this year [2011]. Dr. Worrell says the projected economic growth will result from improvement in […]

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Recovery in Sight

Submitted by Douglas In the interest of the people of Barbados, this Democratic Labour Party administration will remain committed to our goals of restructuring the economy of Barbados. We will also continue to govern by doing what is in the best interest of the people of Barbados. As we go about the process of restructuring […]

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BLP Will Remain Steadfast for Barbados

Submitted by Beresford As more forceful condemnations come with greater frequency convicting Freundel Stuart and his DLP of gross negligence and persistent dereliction of duty in serving country first, the not unexpected responses of what is now widely regarded as a band of nincompoops are more fabrications, braying attempts at blaming and shifting responsibility to […]

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Notes From a Native Son: How the IMF Missed an Open Goal (Part II)

Introduction: The IMF’s light-touch analysis looks as if it was not intended to cause offence, rather than to provide a roadmap to help the nation escape its present economic problems. Reference to the erosion of the tax base is one example, a situation cause by micro-managing, a lack of a broader policy agenda and political […]

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The Economics and Politics of the 2013 IMF Consultation with Barbados

The Barbadian economy is small, fragile, and open. Because of its openness, it has always been, currently is, and will always be susceptible to the effects of exogenous shocks The Barbadian society is materialistic and consumer oriented. Society is defined here as individuals, businesses, and Government combined. The continual clash between economic capacity and societal […]

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Minister David Estwick May be ABOUT to Deliver on His Time Longer Than Twine Declaration

Cabinet collective responsibility is constitutional convention in governments using the Westminster System that members of the Cabinet must publicly support all governmental decisions made in Cabinet, even if they do not privately agree with them. This support includes voting for the government in the legislature. Some Communist political parties apply a similar convention of democratic […]

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Notes From a Native Son: If They Come for Me in the Morning, They will Come for You in the Night

Introduction: We are all agreed that the economic arguments which have engulfed Barbados for the last six years have now been fully exhausted and most people have taken sides. Those who believe that the government is on the right track are firm in their belief, and those of us, the vast majority, who believe that […]

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Political Commentator Calls-out Prime Minister About Weapons

Would the Prime Minister of Barbados state and let the People of Barbados know what information he has that the Barbadian Public might take to violence to try to ‘bring down the Government’? Would the Prime Minister of Barbados state and let the People of Barbados know how many guns and rubber bullets the Government has […]

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The Sinckler Mess

Submitted by Anthony Davis Blame me! That was the proclamation from Minister of Finance, Chris Sinckler, in a close to two-hour news conference from Government Headquarters, broadcast live on national radio this afternoon. He told journalists that he was taking full responsibility for ‘any and all failures’, including the ones that he was ‘not responsible […]

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