"The light that comes from wisdom never goes out"
Accurate statistics and sound economic metrics are critical to engineering economic recovery for the Virgin Islands. A July article in a national online newspaper stated that the territory’s public debt …
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Locally owned small businesses are critical for getting the Virgin Islands out of recession. Small business is at the core of the VI economic engine. Building strong small businesses is …
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The United States economy is booming, and it is expected to grow 4.5 percent this year. This is a very strong growth rate, and it is unusual for the current …
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The territory’s next general election is to take place before the end of next summer. It will be an epic affair. The election will be a hard fought battle. In …
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The world is facing huge environmental threats and a climate change narrative that is changing the culture and way of life of geographically and ecologically vulnerable communities and societies. Communities …
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Economies that depend upon a single product and a single market for their existence put all their eggs into a single basket. When that basket takes a hit, all hell …
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Simple location and geography suggest that Prospect Reef, a marina and resort devastated by Hurricane Irma, is one of the best locations in the Caribbean to build a nautical and …
Continue reading “Commentary — Maritime college envisioned at Prospect”
The economy is front, centre and rear of any disaster recovery effort after hurricanes Irma and Maria. So the next government, after a 2019 general election, must adopt a specific …
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Vision is critical to economics. The math, statistics, psychology, history and sociology that create the concepts and narratives of economic thought are mere tools of the visionary. Vision is what …
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The recent ten-to-two vote in the Virgin Islands legislature allowing for the establishment of the Disaster Recover Agency is a vote for transparent, accountable, equitable, measured and well audited governance. …
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Governments, even micro-administrations of tiny jurisdictions, have the ability to raise finance to an exponentially greater degree than individuals and small businesses. In the aftermath of the September 2017 natural …
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The Virgin Islands economy — composed primarily of the financial services industry, tourism and the domestic market economy — is the core tool for the empowerment of Virgin Islanders and …
Continue reading “COMMENTARY — Writer defends Virgin Islander workers”
The western world is overflowing with cash. This is a consequence of quantitative easing and monetary stimulus combined with fearful and debt-laden consumers. The Virgin Islands inhabits a paradoxical place. …
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Physical and economic recovery after the natural disasters of September 2017 requires fitting the territory’s economic restorative models into the moulds of the twin western economic cultures of stimulus and …
Continue reading “COMMENTARY — Writer analyses post-Irma economics”
One fine evening at Pusser’s in Road Town, this Old Boy sat with a fellow Old Boy from the same United Kingdom alma mater. After a cold drink, the men …
Continue reading “COMMENTARY — Ideas offered for tourism plan”
Effective long-term strategic economic planning specific to a country’s customs, traditions and culture is great for everyone: national stakeholders, citizens, employees, employers, businessmen, investors and governments. However, any type of …
Continue reading “COMMENTARY — Ideas offered for economic planning”