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Trickle-down policies have failed in most societies.

By:

THOMPSON, David

Material type: Text

TextPublication details: 1997Action note:

3/7/00 M2LMGR

Summary: Argues that the present government has been using policies put in place by the previous administration between 1991 and 1994. Notes that Barbados can withstand the impact of trade reforms, and points out that a fixed exchange rate does not pose risks for industry and tourism. Discusses the introduction of value added tax, the Shiprider agreement and the scope for expansion of offshore finance activities.

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Argues that the present government has been using policies put in place by the previous administration between 1991 and 1994. Notes that Barbados can withstand the impact of trade reforms, and points out that a fixed exchange rate does not pose risks for industry and tourism. Discusses the introduction of value added tax, the Shiprider agreement and the scope for expansion of offshore finance activities.

3/7/00 M2LMGR

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