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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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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