Saturday, July 19, 2014

Beyond The Fiscal Deficit ....... the larger human development problems

14 comments:

Anonymous said...

This is a well-thought-out analysis of the situation facing this country's future. It shows that those steeped in pedagogy and law are TOTALLY ILL-SUITED TO LEAD NATIONAL ECONOMIC TRANSFORMATION.

So the circus and the farce continues. Similarly, are the talk-shows. So, "round and round it goes, where it stops, nobody knows."

This is a dastardly and damnable national posture to take, allowing just one person to continue to present the current situation as a satisfactory, tolerable and viable future for this country. I just want to scre-e-e-a-a-a-mmmmmmmmmmmmmmmm.

Anonymous said...

HERE" A GREAT THERAPEUTIC PRIMAL SCREAMER

GET OFF OF MY CLOUD
(M. Jagger/K. Richards)

I live in an apartment on the ninety-ninth floor of my block
And I sit at home looking out the window imagining the world has stopped
Then in flies a guy who's all dressed up like a Union Jack
And says, I've won five pounds if I have his kind of detergent pack

I said, Hey! You! Get off of my cloud Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Don't hang around 'cause two's a crowd n my cloud, baby

The telephone is ringing I say, "Hi, it's me. Who is it there on the line?"
A voice says, "Hi, hello, how are you, well, I guess I'm doin' fine"
He says, "It's three a.m., there's too much noise don't you people ever wanna go to bed?
Just 'cause you feel so good, do you have to drive me out of my head?"

I said, Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Don't hang around 'cause two's a crowd
On my cloud baby

I was sick and tired, fed up with this and decided to take a drive downtown
It was so very quiet and peaceful there was nobody, not a soul around
I laid myself out, I was so tired and I started to dream
In the morning the parking tickets were just like a flag stuck on my window screen

I said, Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Don't hang around 'cause two's a crowd
On my cloud

Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Hey! You! Get off of my cloud
Don't hang around, baby, two's a crowd


Anonymous said...

The writer was able to articulate his position quite succinctly. However, he missed a crucial point. Where is the money coming from for the elaborate projects? I agree with you. We need big solutions with potential for transformational change. We need a plan, but it must be drawn by a leadership that is not tainted by incompetence and corruption. Currently, we need PM Anthony to inject more money in the economy. We need the Eastern Caribbean Central Bank (ECCB) to lower prime interest rate so money could be easily available. The economic malaise is also the doing of the ECCB. It has to immediately change its monetary policy to help those countries stimulate growth. Without fundamental changes in ECCB monetary policy we will be in persistent poverty.

Anonymous said...

ECCB is one of the most passive if not dormant institutions in the economic crisis. It is difficult to understand whether or not it considers itself that it has a significant role in all of this. The heads of central banks around the world have had a more hands-on approach. This one appears to be on autopilot. It looks like up to now, without anyone at home who even appears to know what to do about the situation, Saint Lucia is in for a very hard landing. The social implosion of one murder per week is now the strike rate. Are we aiming to outperform Honduras and Latin America regarding this metric? Is this why Kenny is now so darn close and snuggling up to Venezuela and Cuba?

Anonymous said...

Good article, not much to disagree with. I've been reviewing the quadrant plan myself recently. It's broadly good, but there is an over emphasis on tourism to the detriment of the wildlife. Look at parts of Europe which were once beautiful fishing villages, are now concrete slums.

A lot of lucia's problems will go if law and order can be restored. More thought on planning and environmental issues (waste, water, sanitation) will improve the quality of life for everyone.

Anonymous said...

In terms of new directions in economic development, from the background of Dr. Rigobert, I find that because of her familiarity with the complex issues facing the world's Small Island Developing States (SIDS), she may just be, among all the other political actors on the stage today, the most able to articulate for Saint Lucia, a positive and transformative political agenda.

The Quadrant Plan (QP) has its high points. However, it misses out on the necessary inclusivity (diversity) regarding the island's supply chains and by extension, the associated value chains.

This last issue underscores the point made in an earlier comment regarding the bias towards the tourism sector.

There is also a lot shooting in the dark or a strange reliance on hope, as part of the strategy here too, because the Plan is not anchored in very reliable data, and much more so on guestimates.

Most importantly, the QP falls short of necessary validity too, by giving very short shrift to the formation of the necessary human capital. This is in really, the natural economic substitute for GDP growth and development, in the face of an obvious lack of natural resources.

This is very much like banana cultivation, it condemns a disproportionate part of the workforce (the working-age cohort aged 15-65) to eking out a living, and a future on lower-end and lower-paid jobs. This time, it is largely as maids and bellhops. Such positions can hardly ever be truly considered as part of the most lucrative parts of either the local tourism industry's key supply or value chains. The QP does not address seriously, any remediation of the employment conditions facing the unemployed, the under-employed, and the unemployable -- the underground and crime-ridden sector.

LLL said...

Every Tom, Dick & Harry seem to know how to repair the ills of the country. They often "piggy-back" on the failures of those past corruptive politicians to make their point and to redeem themselves with some magical proposals with the hope that the dumbness of dumbs will hear their outrageousness pleas.
The level of hypocracy is unfortunately too high in our country to introduce sensible techniques that would buffer the foolishness expressed in this article. It's time the very few and elite educators break their silence to shut down the fools that continually express themselves in script. That continues to be our main problem in this country and unless that is taken care, we shall never see the light of day.

Anonymous said...

Some of us have yet to learn to appreciate the importance of diversity in decision making at any level. You wind up with a richer and more balanced, but wider applicable approaches to problem-solving, the more inclusive or diverse the capture, in terms of the disciplinary and life-experience make-up of those involved.

Mr. Peters is an engineer by profession. My exposure to high-level discussions and training in economics tells me this. His revealed insights, based on his acquaintance with some economic issues shows much more promise than that of a good 97% of Saint Lucian politicians voted into office in Saint Lucia since independence.

Anonymous said...

Saint Lucians are still not learning from their mistakes. Some 99% of us are just wringing our hands in the extremely futile but infantile display of helplessness and hopelessness. We are yet to make even but a minimally serious attempt to understand the basic mechanics of the crisis before us. Sad. Isn't it?

Then we call ourselves independent. Independent of what, I may ask? Any viable coping mechanism to lift ourselves up by our own bootstraps?

It has been said: "Those who fail to learn from their mistakes are condemned to repeating them".

Anonymous said...

If the stupid writer equates just government with the problems that st.lucia faces, then clearly he still lacks basic knowledge. A change in government will accomplish what exactly? what more do u think that the UWP government will do that this government cant or have not tried? the problems we face now have to do with a host of factors. International banks are not lending as much as they did before. Countries are not giving to the caribbean as much as they did before. investors are not doing much investing these days. st lucia is now being affected by all those factors moron. and i tried to be as simple as possible in explaining it to you. those circumstances will not change in the near future whether its UWP or SlP

Anonymous said...



@4.45 I agree with you some of us think that by changing Govts. it will solve the problems in the country. The problems did not start with the current Govt. Things will get harder before it gets better.

Anonymous said...

Things are not going to change unless and until some visionary emerges to take the leadership of the domestic political process. Somebody with much more than the usual fare of just hot air must point the way. And that is not on the horizon.

That person too, must have an innate understanding of the mechanics of the much-need structural adjustments that must form part and parcel of a strategic development plan.

The outputs of UWI, Monroe, and SALCC are not being so trained. Sadly, the grass is growing and the horse continues to starve.

Historically, the cumulative bankruptcy of party politics manifested in the lack of ideas captured in all the fluff, froth, and blather of hollow parliamentary and electioneering documents, is evidenced in the social implosion of the vicious murderous activity in particular neighbourhoods.

Anonymous said...

This article smacks of the thinking of a former Permanent Secretary turned senator; turned minister; turned politician trying to be some leader; who was given a serious kick by the St. Lucian electorate not too long ago.

His plans with Allen Chastanet does not seem to be working out as he had hoped; the snake turned around and attempted to bite Stephenson King; but Stephenson King will have the last laugh.

They can say what they want; one thing is certain: St. Lucians will tell you that Stephen King harms no one. And is as decent as one can find any politician.

What he should have done is to do away; as soon as he became Prime Minister with the 'filthy rags" in his Government.

He would have had the full support of the rank-and-file of UWPs and those sitting on the fence.

Anonymous said...

I am very relieved to note that someone else recognizes that the University of the West Indies; has failed the Caribbean miserably; by the kinds of characters they molded and are strutting on this Caribbean scene like bloody dinosaurs.

It just makes me sick. They have done us more bad than good. Knowledge fit for the desk drawers; with absolutely no value to the public and our common good.

Look at Jamaica, Trinidad and Barbados; where the Universities existed for decades.

Their teaching produces persons who must be malleable; not to be independent thinkers; to lick people's bottoms to get by in positions up the ladder; regardless the price; shut your snouts when so-called academics talk their shit and pretend you do not see that the emperor has no blinking clothes on; instead say that his clothes are transparent.

A typical example of this is the leadership of the Eastern Caribbean Central Bank; who must be sent home urgently. And the sooner the better for the region.