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#BTColumn – CARICOM governance review
Article by May 8, 2021
Disclaimer: The views and opinions expressed by this author are their own and do not represent the official position of the Barbados Today Inc.
by
Dr. Basil Springer
“If one member suffers, all suffer together with it; if one member is honored, all rejoice together with it.” –
1 Corinthians 12:26
CARICOM, a commendable resource base of 18 former British colonies, Haiti and Suriname with 18 million people over a collective land mass of 500,000 km2, has evolved 60 years after the demise of the West Indies Federation.
The principal governance organs of CARICOM are: (1) The Conference of Heads of Government with a rotating biannual chairmanship by a Prime Minister; and (2) a quasi cabinet through which individual heads of government have lead responsibility for specific areas and the Community Council Of Ministers (Ministers of CARICOM affairs in member states).
#BTColumn – The CARICOM economy (Part 2)
Article by May 2, 2021
Disclaimer: The views and opinions expressed by this author are their own and do not represent the official position of the Barbados Today Inc.
by Luke 13:6-9
Last week, a regular reader of my column, in noting the relatively weak average 2019 GDP per capita CARICOM performance when compared with selected countries, passionately shared this observation: CARICOM is a large bureaucratic financial black hole lacking in a smart partnership philosophy and is in urgent need of governance restructuring.
What else can we learn from these comparisons?
Singapore’s success, as one of the world’s most prosperous nations, is due to the strong leadership style by Lee Kwan Yew when he took over the reins as Prime Minister in 1959. His government’s Connectivity, Openness, Reliability and Enterprise (CORE) economic development strategy was expertly implemented.
April 25, 2021
Disclaimer: The views and opinions expressed by this author are their own and do not represent the official position of the Barbados Today Inc.
by Dr. Basil Springer
“For I know the plans I have for you, declares the Lord, plans for welfare and not for evil, to give you a future and a hope.” – Jeremiah 29:11
The future of the CARICOM economy will be addressed in two successive columns.
1 gives a historical synopsis of the CARICOM environment, strategic economic comparisons between CARICOM and other selected jurisdictions with stronger economic performance, followed by examples of CARICOM’s economic development challenges and possible solutions.
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