00604nam a2200085Ia 4500100002000000245005700020260000900077520041300086583001900499 aTHOMPSON, David aTrickle-down policies have failed in most societies. c1997 aArgues 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. c3/7/00kM2LMGR