Tag Archives: Economic growth

Singapore: End of an era – Lee Kuan Yew dead at 91

Singapore: End of an era

The death of Lee Kuan Yew, former long-serving Prime Minister of Singapore, is of significance for the Caribbean if only for the reason that he first attained office at about the same time as many of the original democratically elected leaders of the countries of this Region, constituted largely of very small states, also commenced their periods of governance. Many of them and their successors lived to see Singapore attain a state of economic wealth well beyond that of the countries of our area.

Lee Kuan Yew first became Prime Minister of his country when, in 1959, it was still a dependency. But with Singapore’s expulsion from a British-created Federation of Malyasia which, like many of our then British Caribbean leaders, he favoured as a potentially beneficial arrangement for small countries, he became Prime Minister of an independent Singapore. This event, which he did not favour, occurred in 1965.  Continue reading

Africa Rising – New realities in business & development – 2 videos

The image of a dark Africa is going to change radically in the coming years.

The image of a dark Africa is going to change radically in the coming years.

Here are two TED presentations that give an updated analysis of the economic changes  now taking place on that continent, the home of many nations and cultures.    Continue reading

Guyana: The Next Economic Tiger? – commentary

Guyana: The Next Economic Tiger?

Guyana map

   By  on November 9, 2013   – e-International Relations Blog

Guyana is the third smallest country in South America, located on the north-eastern coast of the continent. Its total population is also small at around 800,000 (giving Guyana one of the lowest population densities in the Americas), with 90 per cent living within 10 miles of the coast. Although Guyana is the third poorest country in the Americas it has a tremendous stock of natural resources, and there is great hope that Guyana’s economy has reached take-off phase and high growth and sustained development are now possible.
Continue reading

The Pursuit of Happiness – Video and Editorial

The pursuit of happiness – Video

May 8, 2011 7:13 AM – CBS News – TV – Video  < click to view

Sunday Morning correspondent Jim Axelrod’s new book “In The Long Run” took him across the country to two very different communities to find out what beckons us to the pursuit of happiness.

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The Pursuit of Happiness – Editorial

February 4, 2012 | By   Editorial

“Happiness”, or at least the discussion of it, is suddenly all around us. At the global, macro level, many countries – led by the pioneering efforts of the tiny mountain kingdom of Bhutan – are now seeking to measure the “happiness’ of their people rather than their per capita Gross National Income as a measure of how well they are doing.

At the individual level, there are happiness gurus from Oprah to Deepak Chopra that will convince you that it is within your reach to achieve a state of complete happiness if you would just follow their instructions.
What is going on, and are we Guyanese missing out something? There was a time – for most of mankind’s history, as a matter of fact – when the goal of man’s existence was simply to live a virtuous life. Continue reading

The New World Oil Order

The New World Oil Order

by David Fessler, Investment U Senior Analyst
Friday, January 27, 2012

The Organization for Economic Co-operation and Development (OECD), headquartered in Paris, was formed in 1961.

Twenty countries are charter members. Fourteen more have been added since it was formed. You can see the entire list of 34 member countries here, along with the dates they joined.

Its mission, according to its website, is to “promote policies that will improve the economic and social well-being of people around the world.”
Apparently, it’s accomplished its mission a little too well. You see, the “haves” (us) are about to switch place with the “have-nots.” If you’re reading this, you’re likely in the former, heading to the latter.

How do I know? Simple: One look at the chart below, put out recently by the International Energy Agency (IEA), tells all. Oil consumption from emerging market countries (have-nots) is just about to eclipse that of the old world (haves). Continue reading

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