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Thursday, April 25, 2013
Has St. Lucia’s loss become Grenada’s gain?
5 comments:
Anonymous
said...
What a foolish and asinine headline!
Only those who know little about business would stumble on such an erroneous conclusion.
The business mind does work towards the maximization of profit.
If Grenada's outlook is better with that objective in mind, the business mind will opt for the investment location that produces the greater (Grenada vs Saint Lucia) returns on investment (ROI).
Needless to say, the investment climate is extremely poor and unattractive, in terms of both economic outlook, and the state of this country's human capital and the human capital formation.
All other plans in or for Saint Lucia may be placed on hold, while or the rank and file in the two major parties eventually make up -- or continue to fail to make up -- their minds to remove the disturbing caricatures they -- up to now -- continue to maintain as political representatives and for party leadership.
There's nothing wrong with the headline. Although much of what the first blogger wrote is true, I don't think Butch was referring to human capital. Point is banks are more willing to lend money (i.e. fund capital) at certain interest rates during periods of economic certainty. Political indecision could delay and even jeopardize funding prospects.
What St Lucia has to make up its mind about is:'Do we want to prostitute our island for he sake of tourism? Or do we want to move on and find a better future by developing new sources of revenue (just as Singapore, S Korea, Taiwan did by setting out to move into advanced industries)
5 comments:
What a foolish and asinine headline!
Only those who know little about business would stumble on such an erroneous conclusion.
The business mind does work towards the maximization of profit.
If Grenada's outlook is better with that objective in mind, the business mind will opt for the investment location that produces the greater (Grenada vs Saint Lucia) returns on investment (ROI).
Needless to say, the investment climate is extremely poor and unattractive, in terms of both economic outlook, and the state of this country's human capital and the human capital formation.
All other plans in or for Saint Lucia may be placed on hold, while or the rank and file in the two major parties eventually make up -- or continue to fail to make up -- their minds to remove the disturbing caricatures they -- up to now -- continue to maintain as political representatives and for party leadership.
We simple people got the message infered in the headline.Who side that is was intended for some anal retentive phd!
There's nothing wrong with the headline. Although much of what the first blogger wrote is true, I don't think Butch was referring to human capital. Point is banks are more willing to lend money (i.e. fund capital) at certain interest rates during periods of economic certainty. Political indecision could delay and even jeopardize funding prospects.
It's still a gain for the OECS Economic union, the money stays within the OECS which is good.
What St Lucia has to make up its mind about is:'Do we want to prostitute our island for he sake of tourism? Or do we want to move on and find a better future by developing new sources of revenue (just as Singapore, S Korea, Taiwan did by setting out to move into advanced industries)
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