Jagdeo’s economic management: Is there anything to appreciate?

– Part 2

Introduction
In the previous column, I examined several common features of President Jagdeo’s economic policy framework. I argued that the policy framework focused on mini enterprises and non-tradable economic sectors like housing and retail stores. I noted that the financial forecast of the Low Carbon Development Strategy (LCDS) was unrealized. Since the Copenhagen talks, the international community has moved on. Australia has its own carbon tax and the Chinese plan to plant trees on land the size of Norway. The Americans are