Tuesday, December 17, 2013

Survey: Businesses Deteriorated in First Half of Year

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4 comments:

Anonymous said...

This is just another piece of the usual jeremiads about business -- a loftily-sounding report after the fact.

What would have been more engaging, worthy and reflective of the paychecks of personnel in this institution would have been a newsletter, or a web-based document, with some form of forward guidance to the business communities as to the options that may be taken in the face of the looming economic contraction overseas since we are all open and dependent economies. Do they, or do they not have the tools, the training, and the capacity to do that?

There are no reports on the evolution of this body, which to all intents and purposes, means that it is moribund -- but not quite dead.

It is high time that the documented outputs of incumbents in our regional institutions reflect deep relevance, usability, and timeliness. Let's get some value for money for a change.

For example, the business and economic units of the OECS/ECCB community cannot grow and develop without timely, relevant and applicable researched (fact-based) data rather than just opinion.

Where are the much-needed critical fact-based data and institutional support mechanisms for a continuous search for overseas market penetration opportunities and for vertical integration?

The trade-related aspects of the regional CARICOM initiative is withering on the vine because quite frankly this: our markets are too small and we grow and produce basically the same things.

To be most relevant and useful, the ECCB-related institution must evolve into a driver of economic development -- not just a reporter, a formal witness, or reminder of the serious lack of it.

Why aren't there clarion calls made for continuous improvement and productivity throughout the community, first through continuous innovation, and embedded technology in ALL goods and services production?

As the largest economy, Saint Lucia must lead the way.

Why are we continuing to pander to the muddled-thinking, and to the socialist-oriented politicians here and around the region, with their grave knowledge deficits regarding economics. We see their limitations through for example, their grand envisioning of employment/income generation for example, as mainly relay sets of the unemployed and the unemployable, gaining their dribs and drabs, by way of lowly-paid temporary employment as in some highly political jobs like the STEP?

December 18, 2013 at 8:09 AM
Anonymous said...

Who were they writing for? At issue is whether they had just the finger pointing opposition parties in mind. After all, the nonsense here is that this seems to cover what happened in the first half of the year. So, where is the value added? Oh yes! The economic historians.

December 18, 2013 at 3:09 PM
Anonymous said...

“Education: that which reveals to the wise, and conceals from the stupid, the vast limits of their knowledge.”
-Mark Twain

The better the education, the more you know what you don’t know – unless you’re too stupid. Then you know everything.

December 21, 2013 at 5:46 PM
Anonymous said...

Who heads and populates that research unit? Clowns?

December 22, 2013 at 6:25 AM

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