Tag Archives: Terrence Farrell

“[…] No, no—WASA should not and cannot be privatised! There are some entities which are what you call in economics, natural monopolies. For an economy like Trinidad and Tobago, the production of water is a natural monopoly and the state should do it. “[…] We are going to give WASA …

“[…] Non-energy revenues have fallen in 2020-2021 and for next fiscal, 2021-2022, it is going to be worse—partly because people pay taxes on the previous year’s numbers and partly because the recovery is going to be slower than expected because of the state of emergency and the impact of the …

‘Poor children are victims of circumstance/ In life they never really get a chance/Or have opportunities as privileged children do/ The road from the poor suburb to prison leads them/ From broken homes they are condemned to fail/ Their abusive and drug-addicted parents serving time in jail/ Their parents too …

“[…] The PNM administration seems allergic to institutions which are independent within the executive and run by unelected persons.  “It is clearly one of the reasons for the pre-emptive assault on the Office of the Procurement Regulator rendering it a eunuch, so that the hands of elected ministers will not …

“So we can assume that the restrictions now in place worldwide will only be lifted gradually over the next 12 months. Some semblance of normalcy will not return until the middle of 2021. “There is no way that the private sector and the government can carry the labour force for …

“[…] Ultimately policy is made by politicians who of course, may have other considerations which influence their decisions. However, just as it would be folly for politicians to ignore the advice of medical professionals in dealing with the coronavirus public health crisis, so too the laws of Economics are inexorable. …

Shoshana Zuboff (2019) points to ‘the oldest political questions: Home or exile? Lord or subject? Master or slave? … eternal themes of knowledge, authority and power’. This week, with the firing of Wil Espinet, we are confronted with the same issues. Saddened by the crime situation and having had to …

The insightful story by Suzanne Mills about her mother’s struggles is useful to highlight how the media wrestles with framing the large issues of life. It raises the issue of how we define who is a good editor. Is the metric the profitability of the media house, or is it …

Official statistics seeks to inform the public about social and economic matters and helps develop and evaluate public policy. It is the foundation for a properly run society. In 2014, the IMF bemoaned: “Growing statistical shortcomings have rendered the conduct of surveillance ever harder and must be addressed.” In other …

Two weeks ago, I asserted that the proposed closure of the Petrotrin refinery was a socio-economic earthquake attributable to the State enterprise fault line that runs right through our economy. That earthquake has produced its tsunami. It is a tsunami of grief. The question is this: Do we understand that …

“So the logical question is: why don’t our governments fix the state enterprise governance system? The answer is partly because it sustains political patronage and corruption, partly because it buys off the trade unions, and partly because of inertia—fixing things that don’t appear to be broken simply isn’t worth the …

“There remains a large volume of work which is incomplete for lack of resources and I am acutely aware that several persons remain disappointed with the lack of progress on their ideas and proposals. “[…] My own expectations of high-level engagement followed by swift implementation on these and other policy …