Bruce's stimulus and Jamaica's crisis
The Opposition People's National Party (PNP) had taunted him and his ministers for weeks about living in fantasyland and not facing up to Jamaica's crisis in light of the global economic meltdown. Last week Sunday night, Bruce Golding answered and on Monday morning the PNP did not know quite how to respond.
The global financial crisis
The world is in a deep financial recession. Some of the ripples of this mega recession are beginning to hit Jamaica. But these are only ripples. No major corporation so far has collapsed. Yet, there is an inordinate panic in the private sector of Jamaica that the country has been hit by this catastrophe. It has not - not yet.
Thirty years of reform in China - A model socialist market economy
In the 30 years since the then chairman of China's ruling Communist Party, Deng Xiaoping announced and initiated plans to reform his country's economy from being closed and strictly socialist to one embracing more open, socialist market economy system, there have been mixed assessment of the progress and/or lack of such in China. Below, we present the perspective of the Chinese ambassador to Jamaica...
Commercial values and religious ethics
Pope Benedict XVI believes that the economy must serve man, not the other way around. Human life and human values must always be the final aim of the economy. Businesses must be concerned with the family life of their workers. The pursuit of profit should not increase the wealth of a few and the poverty of the many.
Time to 'run a boat'
If you were to select gifts for Christmas, what gifts would you give? Perhaps the more pointed question should be, Are you giving any gift this Christmas? The economic climate and the challenges facing many persons would give the answer: 'It is not affordable at this time'.
The world in 2025
The transition to the Obama presidency has everybody enthralled in this year-end, slow-news season. Fascinating as it is (I have been especially struck by the seeming requirement of being a basketball player to make it to the upper echelons of the Obama team), we may be missing the bigger picture here
