By Dr Clive Thomas | Sunday, June 7, 2009 | 0 Comments
Hiccups on the road to economic recovery!
Last week’s column referred to two important ongoing debates concerning the future course of the global economic crisis. One …
By Dr Clive Thomas | Sunday, May 31, 2009 | 0 Comments
Guyana and the wider world
By Dr Clive Thomas (E-mail address: cythomas@guyana.net.gy)
One of the most hotly debated issues pertaining to the prevailing global economic crisis is …
By Dr Clive Thomas | Sunday, May 10, 2009 | 0 Comments
The global economic crisis: A tipping point in regional integration
As I have tried to show in recent columns the meltdown of the CL Financial and …
By Dr Clive Thomas | Sunday, May 3, 2009 | 0 Comments
Guyana and the Wider World
Next in importance to the damaging effects of the global economic crisis on Caricom’s exports of goods and services, and possibly …
By Dr Clive Thomas | Sunday, April 26, 2009 | 0 Comments
Is the CL Financial Group too big to fail?
Last week I had indicated that it was the stated conviction of the Trinidad and Tobago Government …
By Dr Clive Thomas | Sunday, April 19, 2009 | 0 Comments
Beware of boasting
At the press conference of January 30, held in Trinidad, and discussed in last week’s column, Chairman Duprey of the CL Financial Group …
By Dr Clive Thomas | Sunday, April 12, 2009 | 0 Comments
CL Financial Group: Meltdown and bailout
As promised last week, this week I begin a review of the CL Financial Group meltdown. I shall start with …
By Dr Clive Thomas | Sunday, March 29, 2009 | 0 Comments
Guyana and the wider world
Smelling the stench
In recent years, individuals who have had their ears close to the ground in Caricom’s financial, accounting, business, …
By Dr Clive Thomas | Sunday, March 22, 2009 | 0 Comments
Guyana and the wider world
Recap
In last Sunday Stabroek I had started a discussion on what I described as the “crisis of credibility” facing actions …
By Dr Clive Thomas | Sunday, March 15, 2009 | 3 Comments
A crisis of credibility
No easy remedy
Behind the sound and fury in public debates, self-serving government pronouncements, and the studied misdirections and deceptions in statements …
By Dr Clive Thomas | Sunday, March 8, 2009 | 0 Comments
Moral hazard and the Guyana regulatory meltdown
Moral hazard
When a sectoral regulatory authority, in this instance for the insurance sector, takes the position that regulatory …
By Dr Clive Thomas | Sunday, March 1, 2009 | 1 Comment
Recession proof!
The grimness of the global economic environment is so intense that those who shout “make-believe” economics will sooner, rather than later as the saying …
By Dr Clive Thomas | Sunday, February 22, 2009 | 0 Comments
Budget 2009: From ‘voodoo’ to ‘make-believe’ economics
‘Voodoo economics’
Economics is essentially a discipline based on commonsensical principles and ideas. These are then expressed precisely, with logic …
By Dr Clive Thomas | Sunday, February 15, 2009 | 3 Comments
Taking their toll: external shocks and the Guyana economy
In last week’s column I had introduced the first of eleven economic shocks/challenges that rocked the Guyana …
By Dr Clive Thomas | Sunday, February 8, 2009 | 0 Comments
The worst-case scenario: Economic shocks in the 2nd half of 2008
Recap
In last week’s column I considered three major economic shocks/challenges which rocked Guyana’s economy …
By Dr Clive Thomas | Sunday, February 1, 2009 | 0 Comments
Economic challenges in the first half of 2008: Rising food, fuel prices and the bio-fuels bubble
In this week’s column I shall begin a review of …
By Dr Clive Thomas | Sunday, January 25, 2009 | 0 Comments
2008: Shocks to the Guyana economy and its prospects for 2009
Shifting gears
This week I am shifting gears and stating a new discussion on the performance …
By Dr Clive Thomas | Sunday, January 18, 2009 | 0 Comments
What will happen to the region’s economy?
In the space of a few months the bursting of the private housing market bubble in the United States …
By Dr Clive Thomas | Sunday, January 11, 2009 | 0 Comments
How are the global economic reverses channelled to Caricom economies?
Catching cold!
As the saying goes: when the rich developed economies sneeze, the rest of the world …
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 …