Tag Archives: DeLisle Worrell

DeLisle Worrell: Strengthening Health Systems to Tame Pandemics

Reproduced from caribbeansignal.com. On July 13, McKinsey & Company, one of the agencies of the famous global consultancy, issued a report entitled “Not the last pandemic: Investing now to reimagine public health systems”. The lesson of the Covid-19 pandemic is that there are basic flaws in the health systems of many of the world’s richest countries, countries that boast the

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Prosperity May Be Restored, With the Right Policy Mix

Thanks for the assist Amit @caribbeansignal.com– David, blogmaster Source: DelisleWorrell.com As we embark on the third decade of the 21st century, Barbadians look to our economic prospects with a mixture of hope and trepidation. Our hopes are grounded in our economy’s inherent strengths: our highly regarded tourism services, good transport and communications, reliable public services, and our resourceful and well

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A Practical, Consistent Strategy for Renewables is Urgently Needed

The following was pulled from former Governor DeLisle Worrell’s website (thanks Amit) – David, blogmaster In an informed front page editorial on November 25, the Barbados Advocate had this to say about the power outage crisis in Barbados: “[Emera, the Canadian parent of the Barbados Light and Power Company] chose to invest in Barbados, acquiring control of the sole generator

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Investment, Inequality and Coordination Between Governments and Central Banks

Reproduced from caribbeansignal.com  The International Banking Seminar held on October 20, following the conclusion of the Annual Meetings of the IMF and World Bank, was an occasion to reflect on the main concerns of the international financial community. Three issues stood out in the presentations at the seminar: the lack of adequate investment globally, particularly in infrastructure and projects to

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US Dollars Needed, Not Barbados Dollar Savings in Order to Invest

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – October 2019 newsletter: One often hears the comment that there are hundreds of millions of dollars of idle funds at commercial banks that ought to be directed to investment projects to create employment and grow our economy. However, we need

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Former Central Bank Governor Road Map and Action Plan for Renewables a PRIORITY

Is it the fertile imagination of this blogmaster the urgency to implement an aggressive alternative energy strategy has gone off the boil since the Mottley government has taken office? All sensible people are supportive of an aggressive adoption of such a strategy for the several benefits discussed on BU’s pages and elsewhere. What is the latest? According to former Governor

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Worrell Recommends Dollarization

Thanks to fellow blogger at caribbeansignal.com for reminding the BU blogmaster to continue focus on the economy. The controversial former Governor of the Central Bank continues to push a line of argument about the advantages of dollarizing the economy. Discuss for 10 marks – David, blogmaster DeLisle Worrell: Sovereignty and the US Dollar Source: DelisleWorrell.com Reproduced with permission, the full

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Dr. DeLisle Worrell Says Time to Jettison Caribbean Currencies

Dr. De Lisle Worrell continues to be a controversial figure in Barbados. He suffered the embarrassment of being sacked by former Minister of Finance Chris Sinckler. The blogmaster will remember him for the fact he presided as Governor of the Central Bank during a period popularly labelled the Lost Decade. He continues to be controversial in his current role sitting

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Former Governor of Central Bank DeLisle Worrell’s Second Opinion on Economy

Text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – October 2018 newsletter: There is a Second Opinion on the Health of the Barbadian Economy In November last year I published a diagnosis and prescription for the economy in The Barbados Economy: The Road to Prosperity, which you may find on my website, DeLisleWorrell.com. Barbados has

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Stand Firm With Your New Government Barbados

Submitted by DAVID  COMISSIONG, President, Clement Payne Movement As the new Barbados Labour Party (BLP) administration and its inspirational leader — Prime Minister Mia Mottley — commence our country’s negotiations with the International Monetary Fund (IMF), the role and duty of every patriotic citizen is to stand in solidarity with our Government and to present a strong seamlessly united Government

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Chris Sinckler Vs Delisle Worrell Court Appeal Document Available – Board of the Central Bank Expressed Concern About the Falling Foreign Reserves

In the Court of Appeal No.8 of 2017 DeLisle Worrell (Appellant) versus the Minister of Finance ( Respondent) presided over by Justices Sandra Mason, Kaye Goodridge and Andrew Burgess on February 23 and March 3, 2017 the decision by Justice Randall Worrell to lift the temporary injunction was upheld. The ruling cleared the legal hurdle to have Worrell dismissed by

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The Jeff Cumberbatch Column – Governance, the People and the Constitution

If I had my druthers, today’s column would have been an analysis of last Thursday’s decision of the local Court of Appeal discharging the injunction restraining the dismissal of the former Governor of the Central Bank of Barbados, Dr DeLisle Worrell, by the Honourable Minister of Finance, and thus paving the way for the unhindered termination of his contract of

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The Moral Equivalence of Treason

Submitted by Pachamama For some time, there has a been a protracted ‘disagreement’ between the Governor of the Central Bank of Barbados (CBoB), Delisle Worrell and the Minister of Finance, Christopher Sinckler. It represents a deepening political-economy crisis. In trying to flesh out this phenomenon, we will sometimes directly address the prime minister, himself, as we urge urgent action. Worrell

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The Sinckler-Worrell Phenomenon -Sacrifice Can Be Maniacal or Suicidal

Submitted by George C. Brathwaite (PhD) “Thou wretched, rash, intruding fool, farewell! I took thee for thy better; take thy fortune.”- (Hamlet – Act 3 Scene 4; William Shakespeare) The turbulence surrounding the Finance Minister Christopher Sinckler and the Governor of the Central Bank Dr Delisle Worrell should come as no surprise to those Barbadians, long concerned about the sadomasochistic

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The Jeff Cumberbatch Column – Enjoining a Dismissal

Wonderful to relate, or “mirabile dictu”, as my two Latin masters of long ago, Messrs. Wellington and [CQ] Williams, would have preferred, I do not find it necessary today to resume my analysis of the Trump presidency; a phenomenon that seems anyway to be imploding towards self-destruction. Moreover, there is sufficient drama being played out in our own front-house to

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Government Between a Rock and a Hard Place With General Elections Looming

Submitted by Inkwell 1. Consider this argument. The Central Bank (CB) Governor has refused to print any more money for the Minister of Finance (MOF). The MOF needs printing to continue to pay civil servants and keep Government running. If the Government can’t pay the civil servants this month, all hell will break loose. Therefore the CB Governor has to

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8 Years and a Mule

The local press carried a story this week titled Worrell advised to meet press that addressed the unbelievable occurrence of the Governor of the Central Bank DeLisle Worrell not having held a press conference since the first quarter of 2014. Instead, he has preferred an orchestrated TV event where individuals were cherrypicked to participate in a moderated Q&A session. It

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