Tag Archives: Jamelia Harris

Speaking at Indian Arrival Day celebrations in Penal on 30th May 2026, Prime Minister Kamla Persad-Bissessar called for national unity. She stated that: “We have no Mother India, we have no Mother Africa, we have no Mother China, no Mother Europe, no mother other nation. What we have is Mother …

In 1942, Austrian economist Joseph Schumpeter coined the term ‘creative destruction’. It describes a process where innovative products, technologies, and business models continuously replace outdated ones. New firms and jobs are created, and old ones die. In Trinidad and Tobago, we experienced creative destruction in the past century. Sugar (and …

The UNC won the 2025 general elections promising to transform Trinidad and Tobago’s economic fortunes, treat workers fairly and address the crime situation—all important domestic issues. And as expected, as the Kamla Persad-Bissessar-led Government marks a year in office this month, commentators and analysts have opined on their performance in …

“[…] In his 1971 book The Mechanics of Independence, ANR Robinson wrote that: ‘As financial rewards are lower in the less developed country, the decisive factor of keeping its skilled people from emigrating are likely to be career opportunity and job satisfaction.’ “Simply put, if we do not value our …

“[…] In Dr Eric Williams’ Capitalism and Slavery, he used historical analysis of a vast number of sources to put forward his seminal thesis: West Indian sugar fuelled Britain’s industrial revolution, and slavery in the British Empire was abolished not because of humanitarian arguments, benevolence or acknowledging the atrocities of …

“[…] What is perhaps most instructive from the data on Trinidad and Tobago’s national culture is our incredibly low score on long-term orientation (17 out of 100 vs 77 out of 100 in China and 50 out of 100 in the US). “It demonstrates a low propensity to sufficiently consider …

“[…] Trinidad and Tobago has very low levels of reported trust given its GDP per capita… Most people do not trust the police. Most people do not believe justice is meted out fairly… There is even mistrust in the Road March competition with year-on-year allegations of the ‘Soca Mafia’. “[…] …

“[…] We are losing hope in the ability of our economy to provide good jobs for us. A smaller share of the working age population has been participating in the labour market. “[…] The decline is largely driven by falling male participation from above 80% to just above 60%. Female …

“[…] Rachel Price made this observation reflecting on social media: some things that may have been deemed shameful a mere 10 years ago, are now common behaviours in order to solicit ‘likes’ and ‘shares’. “[…] Historians have longed recognised the role of shame in keeping groups in check. In the …

“[…] 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 …

“[…] 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 …

“[…] 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 …