WeblogBahamas.com

Bahamas Debt to GDP "...too narrow a measurement"?

Former Governor of the Central Bank of The Bahamas in discussing the IMF's recent recommendations for austerity by the Government said "that “it’s too narrow a measurement” to focus on debt-to-GDP ratios, which only assess a country’s debt as a percentage of its economic output, Mr Smith added that last... Read more →

The Bahamas and The Boiling Frog Dilemma

CESRA turns up the heat. The boiling frog dilemma anecdote describing a frog slowly being boiled alive is an apt description of what is happening here in The Bahamas over the past couple decades. The political class keeps ratcheting up regulations and taxes without much fuss from the frogs (business... Read more →

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