“[…] For neighbouring countries [of war sites], output falls by 10% on average after five years while inflation rises by five percentage points over the same period. “These results should be particularly concerning for Trinidad and Tobago […] because we are not like the average country in the Kiel Institute …
Read More »Dear Editor: Diversification, not the Dragon, is key for T&T’s economic survival—but here’s why it has eluded us
“[…] The Ministry of Finance website provides budget statements from 2002 onwards. Diversification is mentioned in each budget statement. All 23 years. Undoubtedly, diversification will feature in Budget 2026 when it is read in the coming weeks. “[…] This is not to say that there have been no changes since …
Read More »Devaluation: the good, the bad and the public debt—why T&T needs careful analysis, not noise
“[…] Basic economic theory does not always manifest in practice—in fact, it rarely does. To understand if or by how much exports/imports change requires an understanding of how responsive exports/imports are to price changes. This is called elasticity in economics. “[…] Alongside this, the constantly changing geopolitical environment must be …
Read More »Dear Editor: Rights come with responsibilities—T&T must grasp social contract to grow as mature nation
“[…] Dr Eric Williams was clear in his articulation—in a democracy, citizens have both rights and responsibilities. The government, too, has responsibilities to citizens. This is the social contract: the underlying rules that govern how citizens behave towards each other, and how the government and citizens behave towards each other. …
Read More »Dear Editor: Three things that Cepep—and other T&T institutions—need for true reform
“[…] Almost daily, the discourse has been filled with opinions on Cepep and Cepep workers: UNC/PNM supporters, radio commentators and newspaper columnists present opinions and arguments on one side or the other. “These are all useful for taking the public temperature. But, after nearly 20 years of Cepep, absent from …
Read More »
Wired868 Wired868 for smart sport news and opinion