Doing Business in Barbados Gets Harder

Doing Business in Barbados Gets Harder

In a country starved for foreign exchange, it is disheartening to hear that legislation recently enacted in Barbados, designed to stamp out abuse of the financial system, is allegedly posing threats to small businesses and dampening the appeal of the country to foreign investors.  This is the reported view of Mr. (more…)

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Revisiting the Marketing Concept- Part I

Revisiting the Marketing Concept- Part I

At first I thought it was an excellent idea to start an online marketing blog with an article with the title: ‘Revisiting the Marketing Concept’. Then I thought, “No way; surely by now, everybody understands what marketing is!”  But just as I was about to abandon the idea, there was it again– (more…)

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Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 3

Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 3

Part 3: Structural Adjustment for Dummies! Structural adjustment, simply stated, is the initiation and management of changes in the structure of an economy, that is, changes in the kinds of economic activities undertaken by a society. For example, Barbados has been heavily dependent on tourism; in previous times it was (more…)

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Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 2

Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 2

Part 2:  Structural Adjustment, Growth and the IMF  First it must be clear that structural adjustment is not to be confused with Structural Adjustment Programmes which are IMF-led programmes designed essentially to bring about short-term stability and specific long-term economic changes.  The much maligned programmes of “privatization” are just one (more…)

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Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 1

Structural Adjustment: Belling the Foreign Exchange Cat(-astrophe) Part 1

Part 1: Introduction  Carl More in an article in the Sunday Sun of 22 December lamented the fact that even after many years of trying he is still unable to get his hand around the concept of “economic growth”.  I submit that he is in very good company; for the (more…)

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