By Dr Clive Thomas | Sunday, January 4, 2009 | 0 Comments
How is the crisis being transmitted to Caricom?
In the space of a couple of months and with breathtaking speed, what began as the bursting of the private housing market bubble in the United States, has …
By Dr Clive Thomas | Sunday, December 28, 2008 | 0 Comments
How will future economic growth be affected?
V, U, or L-shaped growth curve
Following last week’s column, I shall discuss this week the impact of the financial crisis and credit crunch on the prospects for economic growth …
By Dr Clive Thomas | Sunday, December 21, 2008 | 0 Comments
From financial crisis to real economic crisis
Two issues need to be considered at this stage of the analysis of the financial crisis and credit crunch. First, to consider to what extent these financial occurrences have …
By Dr Clive Thomas | Sunday, December 14, 2008 | 0 Comments
Assessing the G20 Summit responses: Weak diagnosis equals weak solutiaons
Overriding considerations
Except by pure chance, ultimately the effectiveness of the actions proposed by the G20 Summit held on November 15, 2008 would depend on the accuracy …
By Dr Clive Thomas | Sunday, December 7, 2008 | 0 Comments
Global response to the global crisis
Within hours of the US authorities realizing that their private housing bubble had burst and how severe the financial crisis and credit crunch had become, reverberations began to be felt …
By Dr Clive Thomas | Sunday, November 30, 2008 | 0 Comments
An abrupt about face: From the Troubled Assets Relief Program to partial nationalization
From the inception the US Treasury authorities have made it clear that the primary objective of the Troubled Assets Relief Program (TARP) is to …
By Dr Clive Thomas | Sunday, November 23, 2008 | 2 Comments
At the heart of the crisis response: the US
Troubled Assets Relief Program
The United States is clearly at the epicentre of the global financial crisis and credit crunch. The scale of the havoc and damage already …
By Dr Clive Thomas | Sunday, November 16, 2008 | 0 Comments
At the epicentre of the crisis − a bursting bubble
In last week’s column I put forward the thesis that, the enormity of the global financial crisis and its associated credit cr-unch could be gauged from …
By Dr Clive Thomas | Sunday, November 9, 2008 | 2 Comments
How is a credit crunch different from a financial crisis?
The enormity of the challenges posed by the present financial crisis and credit crunch is starkly revealed in its two most basic aspects, firstly, the enormous …
By Dr Clive Thomas | Sunday, November 2, 2008 | 0 Comments
The financial crisis and credit crunch
As promised last week, in this week’s Sunday Stabroek column I shall start a fairly extended discussion of the staggering financial crisis and worsening credit crunch facing the global economy, …
By Dr Clive Thomas | Sunday, October 26, 2008 | 0 Comments
EPA, sign or else: Exploding the myth of a partnership of equals
Predictably, the opening act of the increasingly sordid saga of the African Caribbean Pacific group (ACP) - European Commission (EC) - EPAs has come …
By Dr Clive Thomas | Sunday, October 19, 2008 | 0 Comments
More on the Guyana consultation on the EPA
While it would be fair to say that the Guyana government held a fairly successful National Consultation on the CARIFORUM-EC, EPA, its aftermath has been much more …