Agencies of government must be properly managed 

Professor Compton Bourne

Professor Dr Bourne served as President of the Caribbean Development Bank from May 1, 2001 to April 2011. He currently services as Executive Director of the Caribbean Centre for Money and Finance (CCMF) in Trinidad and Tobago

By Professor Dr Compton Bourne

It remains a mystery how problems in an economy are allowed to fester and then become big issues when crunch time comes along. It is like waiting for the horse to bolt before closing the stable gate.

Case in point is the debate on what are the appropriate measures to improve government’s fiscal position and the suggestions that tough action be taken with some state institutions. Nowadays,