Welcome

Dennis Jones is a Jamaican-born international economist, who has lived most of the time in the UK and USA, and latterly in Guinea, west Africa. He moved back to the Caribbean in 2007. This blog contains his observations on life on this small eastern Caribbean island, as well as views on life and issues on a broader landscape, especially the Caribbean and Africa.

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Wednesday, August 11, 2010

New Blog

For those who wish to continue following my writing from the US, it's in a new blog entitled Grasshopper Eyes The Potomac (http://potomacgrasshopper.wordpress.com).

Friday, August 06, 2010

Time To Move On

I've given myself time to slide out of Barbados and into the Greater Washington area in both a physicial and mental way, and it's time to draw a line on living in Barbados. This does not mean that my interest in Barbados stops suddenly: I even got my regular reminder of upcoming discussion topics for this weekend's Down To Brass Tacks, and with technology at my disposal, I can continue to contribute as I and others wish. But, I want to start looking at the world from a different perspective and maybe with some different interests, which will evolve.

Certainly, being out of the Caribbean does not mean that I have left Caribbean things behind. On the first full day back in the US, we went to buy a car. We got into conversation easily with the sales consultant, whose accent was clearly Trini. When we asked if he knew Jamaica or The Bahamas, he quickly replied "I did a junkanoo wedding once, a few years ago, in DC." My wife and I took a deep breath, and I asked the man his name (I had not seen the full correspondence by e-mail between my wife and him during the preceding week). Once he answered, I said, "You were the DJ at our wedding!" We all fell around laughing. I had known his sister in the late 1990s, through work; she had given me his contacts, and he had done a great job. Somehow, I felt that we were not going to buy our car from anywhere else. It did not come down to knowing the man, but once you get a good chemistry going other things fall into place. He did not butter us up with turkey sandwiches and potato chips, while we worked through the process. His colleagues sweetened things by giving me a US$40 voucher for lunch at a nice restaurant, for the delays I had to deal with as a minor mechanical problem on the car was fixed. So, within a few hours, we had the car bought, and with the American easy financing set up, had arranged a loan, had insurance, and were good to go within three hours of starting discussions.

We've already experienced many differences in life styles, within a week, even having to deal with a five hour power outage as violent thunderstorms downed trees that fell on power lines. The radio this morning reports tens of thousands of local residents who were without power and the clear up of debris that is beginning.

The neighbours in our little spot have realised gradually that we are back in our house, and we have had some nice 'welcome back' conversations. We are the only non-white family in the immediate area: our street has about 10 homes. Beyond that, non-white families are very few. It has never seemed to matter much. It's a nice area, where we can walk to food store, pharmacy, eating places, bank, and more, in a small plaza just a five minute walk away.

I have taken some early morning walks, instead of my regular swim. I greet those who pass me, but often get nothing but a glazed response. Funnily, fellow walkers, joggers, or cyclists are more civil and they pass each other. On the start of my walk, I passed a young lady waiting for a bus, engrossed in her can of Slim Fast. On my way back, I saw her get rid quick approach, as the can was lying on the sidewalk. Too much to hold onto it and put into trash somewhere? Not only Barbadians litter, I know. But, are people just learning to care less? Those are salutary lessons in manners but also more.

I have to look forward to a state holiday: Virginia has a tax-free holiday starting today, so that great bargains can be had before kids go back to school. Have to find ways to keep the local economy ticking over.

As I tune into National Public Radio (NPR), which is my diet of news and comment, and hear about the coming release of US jobs data, I know that the economy here is in pain, and that finding a way through harder economic times is a major issue here, as it was in Barbados.

I will be trying to continue my writing and will post information of a new blog, as and when it takes shape.

A big thank you to all who tried to help me ease my way into living in Barbados.

Wednesday, August 04, 2010

Hands Across The Water

One of the more pleasant aspects about leaving a place is the outpouring of affection between those soon to be parted. They say that absence makes the heart grow fonder, but the prospect of absence is also very powerful. Our move from Barbados had been due originally around January. However, several personal concerns (schools, especially) made that timing less desirable. The bottom line was that it made more sense to put off the move until at least mid-year. Through a process that crept up on me, I increasingly became very uncomfortable about leaving Barbados, and reflected a lot about the time I had spent there and the people I had met and things that I had done. I felt good that I was uncomfortable about leaving behind many newish acquaintances, because that indicated that the relationships had some meaning.

As word got out that we were leaving, people started to warm even more and some of the socializing was really special, especially in the last few weeks, when we had informal dinners and lunches and just impromptu gatherings with the many people we had come to call friends. All of these were special and easy on the adult heart, as they did not have any real sense of finality. My daughter's goodbye to her best friend and her friend's brother and mother was, however, very tearful, as our two families had lived close to each other and really become very close. But, we hope that the young children do as they often do--bounce back fast and stay happy.

Some people asked "Why are you leaving?" It was simple to explain, but it was interesting that people felt that somehow we had become fixtures. It was impossible to say a proper goodbye to many people, even though I tried to arrange a few special trips to see people whom I thought would be very upset if I had just upped and left. For a while, I just let the departure matter come up if it did, as I really felt that I was missing people a lot just by mentioning departure dates. In the end, the final days were near and departure was nearly a fait accompli. Not neat and tidy, but the event would happen.

As a good many people know, I found myself turned into a sort of pundit on things economic and financial. That is perhaps not surprising, given my background, but it is surprising given that I had no intention to do any such thing when I arrived in Barbados. An accidental contact had led me onto that path, and becoming a known voice on Down to Brass Tacks or making occasional written contributions in the mainstream press had been things far from my thoughts on heading to Barbados. I also commented on issues through several of the local blogs. For the most part, I enjoyed having a chance to say my piece, and from reactions I had along the way it seems that I was regarded as someone who made sense and was frank about how he perceived things. I never had any axes to grind--other than trying to see things for what they really are or pointing out too much acceptance of mediocrity--and I think that for many people in Barbados that was hard to understand, as they needed to put me into a box to then deal with my views.

With that said, I was still taken aback when during the last week in Barbados I got a call from the Nation asking if I could write a short article on the need for a fiscal stimulus package. I had declined the request before the question had been put fully, as I really knew I could not focus on any such request. The Editor concerned was amused that I knew what the request was ahead of her finishing her plea. I reminded her that I had never been paid for my pieces and the 'price' that had been agreed--a visit for my daughter and her class to see the newspaper office--had never been exacted. I let her know that I was due to leave the island by the end of that week and she lamented the prospect of no more writing from me. A few hours later I got another call from her asking if I would do an exit interview. I agreed and set it up for July 29. Somehow, I had been had, but I did not complain.

On the day concerned, I was staying at Accra Hotel, and I had other things beforehand, so agreed on 10am; the interview with Stacey Russell lasted about an hour. We sat near the outside walkway and I talked about the economy as well as my broader experience in Barbados. I did not realise that things would move so fast, and a piece on the economy appeared in Barbados Business Authority at the start of this week, about which I got a few messages. I had forgotten that Senator Boyce had been due to speak to the press about the economy later that day, so my remarks were not influenced by what I later heard him say. My daughter was headed out to meet her mother and got in on the interview, too. She may feature in some other piece that is being prepared.

IMF staff are used to being seen as ogres, so it was a nice feeling to have given a sense that some of us are really less scary.

Tuesday, August 03, 2010

What A Production!

Moving home is no picnic, and doing so while having to change countries can really put a lot of life to tests. Having gone through that process several times over the past six years, I would not recommend it to anyone. It's more stressful than people imagine. The people who are there to help you, often end up being a hindrance, or worse, a series of aggravations. What is clear is that many of the things you have to do have to be done and you just have to deal with the frustrations along the way. Finding ways to stay sane or make light of the bungling has been a lesson over the recent weeks.

Moving gives you the chance to reduce clutter in your life, but it also challenges you to let go of things that you have owned for some good reason. I tried some time ago to do 'one in, one out', hoping that my personal effects would not increase. It did not work perfectly, but when you have not used things for a year or more then you should be able to say goodbye. However, when you are due to leave, people want to give you gifts, and all the well-planned packing ends up with additional bags and boxes. My idea of only travelling with two items of hand luggage on a plane just about held true: I travelled with one suitcase and found a box that I filled and put in the hold for all the 'last items'.

The people who were contracted to pack our Barbados belongings had their way of doing things, and it was universally at a slow pace and also to a daily working day that seemed short: arrive after 9am, take a lunch break, leave by 3.30pm. On leaving after day one, they said they would arrive earlier on day two: well if 9.30 is before 9am on your watch then they were not late. Hello! The crew was made up of all middle aged men, with a young man as 'supervisor'. I had met the older men before, when a friend moved back to Barbados last year and was getting things out of storage. I knew what to expect. The job that was scheduled to take two days, stretched into four. It was a constant battle to stop things that were not supposed to be packed being wrapped and made ready to ship. I did not want to have to ship back our landlord's belongings. That's stressful. I am always ready to share and they were ready to take as many guavas as they could find in the yard. It helped to keep them happy.

The man my wife asked to help move some furniture and clean, needed my help to lift things and created a environment in which I could not work, so forget about what I needed to do during the time he worked. He has a good heart, but when he finished his task and then went for a nap on the furniture he had moved--for a good two hours--I was pushed to not shake him and say "You're being paid to sleep!"

The people who were handling the shipping from the US end were giving my wife no end of grief, and I followed a stream of her e-mail messages that would have driven many a decent person to take drastic action to cull some of the world's population. It was not just the moving of personal goods, but also matters dealing with movement of people. I wont go into the gruesome details, but somehow, in the process of my resigning from the IMF in 2007, that eliminated her in the eyes of the IMF, even though she is an employee in her own right. She disappeared from an important part of their data base and was thus having a hard time getting visa clearance to go back to the US, even though she had renewed her visa recently and travelled to the US many times since my resignation. Don't ask me how that happened, or why the IMF and US State Department reconcile their data concerning special visa status staff.

Having sold a car and wanting to take the proceeds back to the US in US dollars (as the purchase had been financed with them), we had to go through the dark tunnel marked 'exchange control'. We were not impressed to hear that the forms that had been sent to the central back for processing were still 'awaiting action' nearly two weeks later. Cue dog-like barking at someone. Papers move. But why does the Inland Revenue have to be involved in the processing of exchange control requests? For the life of me, I cannot see what it has to do with bodies other than the central and commercial banks. Maybe someone will explain to me.

I have to say that closing our bank account with Scotiabank proved relatively painless. Ending balances were agreed. Documents signed. Exchange control approval noted. Banker's draft issued. All of that within 30 minutes, and only time lost due to the need for multiple signatures by bank officers.

Getting closure on my mobile phone account had more than its share of drama. Somehow, LIME could not allow me to determine termination of my contract at some future date, sign for that, and arrange for payment of the final bill when it became due. Given that there was a security deposit and other funds on the account, I could not see what was the problem. Why would I need to arrange for someone to go into an office after I left the country to deal with that account closure. Having failed to closed the account at a store, I sent a message to customer service, as suggested. I should have worried when I saw the address (windwardcustomercentre@time4lime.com). My message received an instant automated reply (and to this date no further response!). Perhaps someone from LIME can offer a reason why 10 days after sending a message to customer service, the customer remains unserved. Maybe the address should be changed: wayward may be better; that 'time4lime' aspect seems to be taken a bit too seriously in the organization.

"I know someone at LIME you can call," a friend told me. I said I could call someone I knew too, but I was tired of having to go THE person, and wanted to deal with a system that worked. Eventually, I contacted an account manager, whom I do know for the job that goes with the title, and she confirmed that all of my wishes would be handled and that I would be informed in mid-August that the account had been closed, with any refund due being sent to me. We did all of that by e-mail and I have every faith that she will carry through.

I know that life is not about smooth sailing but why should it be the case that processes seem to be set up that do not help people do things they want to simply? I know that one often has to do a lot of 'leg work' to deal with administrative processes, but given where we are with technology, why does it not offer the solutions it can. Who is holding us down? For example, I pay my LIME phone bill online by credit card every month, so why (except for doing the programming) cannot I deal with any other account issue similarly? Some of the contrasts are stark for me: I have had a US mobile phone account since being in Barbados, and everything I need to do with that account, I do online. I did not even need to actually go to get the phone: it would have been sent to me in Barbados by mail, but I happened to be travelling to the US and it was mailed to my then office address for collection.

Thinking through the answers to some of these 'challenges' can go a long way to seeing what kind of progress can be made in Barbados. Productivity is key to making economic headway, but we seem to find ways to thwart it.

Sunday, August 01, 2010

Not Quite The Last Post

Although I have left Barbados, I am going to try to make a few last post entries that reflect the last days and the transition back to the USA. Part of the complication is that moving involves losing access to the Internet, except via a mobile telephone or an airport lounge. That part of life will take a few days to be re-established. Meanwhile, I say thank you to Starbucks for offering 24/7 free wi-fi.

Monday, July 26, 2010

All The Rage

The current debate about the state of Barbados' international reserves is not just about statistical measures, but about the nation's ability to pay its way with foreign exchange. The latest salvo that I saw in the press was yesterday's piece in the Nation, with Albert Brandford trying to explain the two common measures cited--gross or net official international reserves (see report)--taking his cue from Clyde Mascoll's muscular arguments during the past week about how the central bank has moved the analytical goal posts in its latest economic review. I am not going to get into a bicep flexing contest about who knows more about these measures--I do know a bit, having worked on developing the methodology for measuring the concepts (take a look at the IMF's Monetary and Financial Statistics Manual, or the associated Compilation Guide) and also having worked on seeing how they are applied in many operational contexts.

The bottom line with any measure of international reserves is how much money does a country's central bank actually have available to meet the country's external financial needs. In some instances, we can stretch the official hand so that it has access to (gross or net) foreign assets held by commercial banks to help bolster the situation. But that is largely private money that is held for commercial operational needs.

Whether you take the current level of gross or net official international reserves, Barbados is seeing the level fall. Moreover, the activities that would help turn that situation around--mainly money coming from tourism--is clearly waning. The things that have to be paid for are not reducing fast enough, hence reserves are falling.

But, are they at a critical level, or approaching that, on any measure? As I cannot see all the cash flow needs that are facing the government and central bank, I cannot say for sure. But, what I do know is that some large needs are there and they will have to be covered in part, or in whole, by borrowing more foreign assets. The conditions for such borrowing are not good, and the sense given by international rating agencies is that they see Barbados as less worthy of being upgraded in their eyes, and more worthy of being downgraded. So, the question that arises is "Will Barbados have friends when it is in need?". If reserves are falling but you cannot borrow commercially (on acceptable terms) then you are in a bind. Something else will have to give in your policies or to whom you have to turn. You can argue about the when and the what and the how, but it has to happen. As an economist, I cannot take it for granted that most people understand this, but I am sure that policy makers do. So, what will they do to either explain that truth or start to deal with it? Lamaze breathing is not going to be enough to deal with the pain.

Friday, July 23, 2010

Rescue Me!

Two of Barbados' well known economists unwittingly, but wittily, faced off in this morning's Nation: they each had articles about the quality of economic analysis, which were set on adjacent pages. Clyde Mascoll, whom I would describe as an economist-turned politician-turning economist again (see Standards for all) attacks the public for their preference for style over substance in economic discussions. In his 'take no prisoners' style, he opens with 'I certainly have offended my share of media practitioners over the years in one way or the other. I am therefore fully aware that I am not popular among certain personalities in the media,' and keeps beating. I'm with him on what I see as an appalling lack on the printed media's part to help the economic debate along, and have said so enough times.

Meanwhile, trained agricultural economist-turned man-of-letters and humorist, Richard ('Lowdown') Hoad, takes economists to task for not saying much that is easily understood and not understanding what can easily be seen, agreeing along the way with similar comments by Central Bank Governor Worrell (see Unstable condits). He opens with 'IT HAS been said that we would be no worse off, and would be equally well informed, if we let the weathermen predict the economy and let the economists predict the weather.' His stance seems to be that if all the economists were put into a dung heap it would certainly smell no better than it did before, and their contributions as mould may be more than their contributions with models.

You have to take each point of view where you wish.

Over a lovely breakfast this morning with another of Barbados' well-known economists (he ate the 'Bajan', I ate the 'English'), I likened the discussion over the state of the economy to that over a piece of broken china. So much of the discussion is about who to blame for the breakage, and too little discussion about how to fix it (if possible), or replace it (if needed). It can even get heated about descriptions of the number of broken pieces and their shape. Meanwhile, the broken pieces are being gazed at or stepped over, and some would even try to deny that there has been any breakage. All very surreal.

One collective voice that I have not heard in the recent discussions is that of the National Council of Economic Advisors. If you read one commentary from over a year ago (see Advocate report), when Minister Estwick 'outlined an extensive action plan which puts Government at the helm of steering Barbados out of troubled waters and called on the public to position themselves as part of the response plan' and a 'set of operational responses were indicated, driven by the Prime Minister and comprising a Cabinet Economic Committee, which Estwick chairs; and a Council of Economic Advisors made up of eminent professionals in the area of economics' you may be tempted to ask at least one question. Have I been deaf or blind in that I had not heard more than a peep from the Council?

When I talk about 'implementation paralysis' it includes not acting in a way that can be seen or heard or understood, after promising that each and all would occur. One of my constant themes has been about transparency, governance and accountability and how each seems to be much talked about but not that much seen.

Thursday, July 22, 2010

Still Scratching My Head

I know that odd things happen everywhere, so I am only noting an instance in case anyone else has similar experiences.

I heard today that on a recent visit to a store in Sheraton Mall last week, an acquaintance found a cleaning product she needed, and took it to the cashier for purchase: it was marked at B$13. However, the cashier said that the marked price was wrong (saying it should have been B$20), but did not know the correct price for the item, so would not sell it. Customer left without goods. Store left with merchandise and no additional revenue, but have they since determined the correct price? Part of me says that I would have left B$20 and my phone number in case I was due a refund, that way assuming the risk of being overcharged rather than the store being underpaid. I remember a law class on contracts, decades ago, that was about offer and acceptance and would have thought that my acquaintance would have been in her rights to leave B$13, take the product and leave. Maybe I misunderstood.

Tuesday, July 20, 2010

Unity Bar Lunchtime Lecture, July 23: "States' obligations under extradition treaties versus their obligation to protect their citizens"

The next lecture in the series will be delivered on Friday, July 23, by Dr. Caleb Pilgrim, an Attorney-at-Law of twenty years standing, at the "Errol Barrow Gallery", DLP Headquarters, 'Kennington', George Street, Belleville, St. Michael; his topic will be "States' obligations under extradition treaties versus their obligation to protect their citizens". As usual lunch will be served from 12.30 pm and the lecture will start at 1.00 pm.

Monday, July 19, 2010

Which Way To Go?

At the end of this month, I will no longer be living in Barbados. That pending departure has caused me no end of problems in deciding what to do with this blog and how to engage on the many issues that interest me, many of which, like the state of economic policy, appear to be at difficult junctures.

Many people have asked that I continue the blog, even though I may not be living on this island, and I cannot say how easy that will be until I see how things work out looking on from afar, but I really appreciate the encouragement behind such requests. I was also touched deeply by a gift I got yesterday from a friend, which as a piece of mahogany with 'Living in Barbados' carved on it, in exactly the style of this blog's title. That is going to be a precious souvenir.

As has been the way for a while, I have made contributions to discussions about the economy without them being in the public glare of this blog, on the radio, or via one of the local newspapers. I know that there is a very vigorous set of discussions going on about the state of the economy and ways forward, and there is nothing secret about it and all the participants are very open with their opinions, which they are expressing without any cover of anonymity. One element that seems lacking has been a forum that is more visible for such discussions, because it is important that people with contributions feel that they can make them freely and openly. Blogs have been useful in opening some channels of discussion but I have always been wary of comments made under cover of anonymity (whatever the apparent bases for choosing that).

Amongst the many things that seem clear to me is that Barbados is not short of people with ideas. But, there is a problem in turning ideas into action. That is a problem of a broader scale which is starting to show up more clearly as a sort of 'implementation paralysis'. In the case of the economy, part of that lack of action has arisen because of the health issues of the Prime Minister/Minister of Finance. But, one of the important tests of organisations, including government, is how well they can function in the absence of particular persons. I would have to say that Barbados is really struggling to function during the past months. Putting the constraints imposed by the Prime Minister's health concerns into a separate category, I see another problem. Many who have opinions and ideas are not directly involved in making decisions about policies, so depend on those who are to listen and decide if the ideas floated can be taken further. So, the simple question I have is whether policy makers seek to really listen to those who have ideas or have they closed their ears? If they are listening would they indicate why the many ideas that seem workable and beneficial do not see the light of day as policy actions?

I am not going to comment much on the wave of views that have been expressed recently about the current state of the economy, though if one looks at column inches or time discussed on the radio, it would seem that this topic is now fully in the centre of many people's concerns. I would merely suggest reading some of the weekend's commentary and thinking about what some of them said. In particular, I was struck by Hartley Henry's piece in Sunday's Advocate, that seemed to take solace in saying that an IMF programme or devaluation were not being discussed as options for Barbados. My take on that is simply that the government in various forms has said that neither option is for consideration. So, having closed the door to them, why would people keep them on the burner publicly as options? But, having summarily dismissed them, the question is still there of how the government will try to right the economic ship and get it to steer a good course.

Tuesday, July 13, 2010

Starving To Death

I bristle a lot when I read the newspapers in Barbados. Let me limit my spikiness today to matters on the economy. I am not surprised that people do not have a good grasp of certain realities of the economic problems facing this small island. That is, in part, because those who are charged with reporting and discussing them seem unable, or unwilling, to give information that can help that understanding. Let me call that 'context' and 'analysis'. I do not expect that of politicians, because they have a range of agendas that dictate the massaging of information, and misunderstanding by the public. So, the media has to hold politicians and others to a high degree of scrutiny. That is what is so severely lacking. There does not need to be much 'context' and 'analysis', but without it, most people have no idea where to turn and surely cannot draw any conclusion other than that stated on the printed page. Let me focus on some very recent reports.

When I opened Monday's papers, I saw the front page headline of Barbados Advocate Business Monday, 'Minister: Barbados Tourism Rebounding'. The piece noted that Minister Sealy said visitor arrivals from the UK registered an increase during May, but that "we are still down overall in the UK market" (though the US and Canadian markets were "climbing nicely"). The piece was almost all about what the Minister said. Not one word was written about what the Minister said could mean if one looked at other information: nothing about the UK, Canadian, or US economic situation; nothing about what is happening to travel from those countries and what that may imply for tourist destinations like Barbados; nothing else of relevance for context and analysis. If the press or parts of it are accused of being merely a mouthpiece for government or some political party, then it is rightly because of reports such as this.

Many can, and will, take issue with statistics, or facts, or information, but do not let that stop the press from feeding them to us. So, let me just throw in a few salient pieces. On the same day as we read about 'tourism rebounding', the UK Guardian flags how UK travellers are shunning foreign holidays, with visits abroad in 2009 declining by 15%, the greatest decline on record (since they began in the 1970s). That is at least context. We can all analyse what it may mean for any expected rebound. Since the new British government took office, concern has been expressed about how its efforts to address deep budgetary problems could tip the UK back into recession. Last week, I was taken aback to read a New York Times editorial that criticized that UK's recent (June) budget under the headline Britain's Budget Pain, with comments such as 'the needlessly draconian emergency budget', 'the misguided nature of this budget', and 'the coalition’s budget aims to cut too much too soon, in pursuit of a pointless structural budget surplus by 2015'. That, at least, would tell you that some see the UK as headed into a further economic tail spin and would make you ask how this may affect Barbados. Top it off with remarks from Mr. Adam Posen, a member of the Bank of England Monetary Policy Committee, saying that he sees a risk of renewed recession in the UK, in part because of looming fiscal austerity and problems in the euro zone, and your rosy glow should have dimmed.

On page 3 of the same Barbados Advocate Business Monday, I also saw comments attributed to fellow economist, Anthony Johnson, under the headline 'Recovery of pound sterling should bode well for Barbados'. The article talked about sterling's 'rally' to now trade at close to B$3 (following its move to just over the US$1.50 mark). The article flagged that Barbados depends heavily on British long-stay tourists (40% of overall), and also for exports and imports. But my concern was to read nothing about how the exchange rate--the central point of the article--had changed. Were the readers supposed to have all of the recent historical context in their heads? Were they supposed to have recalled that the pound fell from a high of US$ 2.1o (B$ 4.20) in November 2007 to a low of about US$ 1.35 (B$ 2.70) in January 2009--a fall of some 35-35%? Were they supposed to recall that sterling rallied well (up 25%) from that 2009 low to US$1.70 (B$3.40) in the middle of 2009, before falling again to the US$1.40-1.50 area that is being cited as a rally? To me, sterling is now not far from the recent lows, and I would not say that that bodes well for Barbados. But what do I know?

Barbados is supposed to have a highly literate and well-educated population. If that is the case, why is it not fed a diet of material that would put all of that literacy and education to good use?

Sunday, July 11, 2010

Unity Bar Lunchtime Lecture

The next lecture in the series will be delivered on Friday, July 16, 2010, by the Hon. Ronald Jones MP, Minister of Education and Human Resource Development, at the "Errol Barrow Gallery", DLP Headquarters, 'Kennington', George Street, Belleville, St. Michael; his topic will be "Challenges to Formal Education in the Era of Technology - Dilemma and Survival". As usual lunch will be served from 12.30 pm and the lecture will start at 1.00 pm.

Still Not Getting It

I spent the first 9 days of July in the USA, and strangely, did not have a lot of access to either computer or Internet. So, I am back in Barbados and trying to do a bit of catching up on issues and ideas. So, what do I find in just the Sunday papers?

First, I have to wonder (again) about what the newspaper editors do. The front page of the Sunday Sun celebrates 'golden girls', two sisters who have passed 100 years of life. They are described as 'from a family of long livers'. Now, I have mentioned before that my wife has a keen eye. "What does the size of the liver have to do with how long you live?" she asked me. I am no doctor, so I do not know. Maybe the Editor can elaborate tomorrow, and perhaps explain if what was meant was that the ladies came from a family of long lifers. That said, let me pass on my congratulations to the two ladies and wish them many more happy years of life.

I had seen the announcement on July 1 that the Prime Minister was going to take two months' leave from his duties as prime minister, and that the time would be spent outside Barbados (see Nation report). I was puzzled by the associated statement that Mr. Freundel Stuart (already Deputy Prime Minister) was going to hold the reins of government and the PM 'was devolving on him the authority to make whatever decisions he deemed necessary “to keep the social and economic ship of state on even keel”': I thought that was already a given. A news report later passed my eyes that Barbados had a new Attorney General (Adriel Brathwaite, MP for St. Philip South), and that this was not an 'acting' position but substantively taking over the ministerial portfolio up to then held by Mr. Stuart. I was confused, but accepted that from a distance I might not have grasped the right impression, yet wondered if a similar change would soon come regarding the portfolio of Finance Minister (held by the PM). However, Ezra Alleyne put better than I could several constitutional issues in his Focus column today, 'Constitution and power of the PM'. He may not be correct but he poses what, I think, are some valid questions about what is the real constitutional situation underlying the various changes resulting from the PM's leave from duties. While those matters are pondered, however, I would like to add my good wishes to the PM and hope that his time abroad will help resolve his medical problems.

Lastly, I read The Barbados Advocate front page 'No letting up on lobby against APD'. My question from a long time ago has been why the Caribbean Tourism Organization finds the UK's airline passenger duty (APD) contentious but does not seem to find as contentious the seemingly high passenger duties levied by regional countries on intra-regional air travel. I recall a detailed article on these levies written by Adrian Loveridge, where he pointed to the stunningly high level of these taxes but also that they were far higher than taxes levied on cruise travel.

Monday, July 05, 2010

Welcome To The Pleasure Dome

The Barbados Economics Society has decided to dip its toes into the waters of blogging (see http://barbadoseconomicsociety.blogspot.com). In addition, one of their first posts is a recent address by the central bank governor, Dr. Delisle Worrell, who takes issue with several aspects of modern economics and modern economists. I recommend reading his address. It's a good challenge on many fronts. It's good to air some issues for debate in economics, and doing so in Barbados is also refreshing, or could be if it generated a discourse within the profession there.

For my part, in reading the governor's remarks, I disagree with his comparison of exchange rates with physical distance, in defence of fixed exchange rates. Even if you want to say that exchange rates are not prices, they do not measure a fixed relationship, but rather a relative relationship, between countries/economies, so the notion of their being flexible is not so strange. The same logic applies to a composite measure of relative standing, such as the human development index (HDI), which he argues to be a more 'reliable indicator of the quality of life in any society' than GDP. Whether or not exchange rates are realistic or good relative measures would be a different debate.

Let the jousting begin.

Wednesday, June 30, 2010

What To Do WIth A Sorry Bunch Of Overpaid Sportsmen

I do not favour politicians getting involved in sports, either in their clear political roles or as benefactors who happen to be politicians. The wielding of power is corrupting. However, I have seen in several recent instances that governments and politicians have decided that some sporting activity at the national level has become so bad--read 'embarrassing'--that they have felt compelled to intervene. The latest such keeling back in horror comes during the current FIFA World Cup 2010, being held in South Africa. Nigeria did not play well and the team did not pass the group stage and have headed home. No starry welcome, I'm afraid, after the team lost to Argentina and Greece, but salvaged a point against South Korea. The economist side of me laughed heartily when I saw this group, which could have been labelled the 'group of economic crises past and present'. But newly appointed Nigerian president, Goodluck Jonathan, has seen nothing funny and (see Guardian report) and banned the national team from international events for two years 'to enable Nigeria to reorganise its football'. Not for them the rumoured working in coal mines that await the North Korean team.

FIFA, not the most enlightened of organizations, has a thing about political interference--it does not abide it--and will be reviewing this matter carefully. FIFA's president, Sepp Blatter, is already putting his beady eyes on the French government's investigation into France's first-round exit from the World Cup. But Nigeria risks being banned by FIFA from all international football because of the government action. I know, that sounds like what the president has done. But, when FIFA does it, it means it really is not politically motivated but for the integrity of football. Like when it suspends referees who seemed to have been slacking on the job. Do not ask if FIFA's decision, when taken, will be reviewed in camera. We know it wont be reviewed on camera, and no replays will be available on screen.

We poor suffering souls in the Caribbean, may want to take a leaf from our cousins in west Africa, and get our governments to slap a ban from international competition on the West Indies team after their string of woeful performances. Limbo like me, is the team motto: how low can you go? Some would suggest that they be sent to North Korean and do a bit of soul searching while hunting for lumps of coal.

Sunday, June 27, 2010

Another Duh Moment

I do not know what the experience was during the previous World Cup, but I would have thought that serious second thoughts would and should have been given to mounting a major international sporting event in the midst of the World Cup finals. Now, Wimbledon is a bit different and has its annual and substantial following in England and world wide--it's even more ironic to see in the papers a picture of former Test great, Brian Lara, taking the applause in the crowd at Wimbledon. But Test cricket in the Caribbean? I must admit that I was not at all surprised to see the pictures in today's papers showing empty or near-empty stands (see Nation report). Choice: pay money (reported average B$50) to watch a day of Saturday Test cricket between West Indies and South Africa (which meant the unlikely prospect of seeing any result), or watch international football from South Africa, especially the prospects of major break through by Ghana (our African cousins) or the US (with whom Caribbean people have a love-hate relationship)? I thought that the football was going to win; I had placed my bet and was in front of a screen screaming for Ghana to do it. I read that the Kensington Oval in Barbados barely mustered 1000 fans.

Much criticism has already been heaped on the organization and administration of West Indies cricket. I suggest that this episode be added to a litany of lamentable decision-making.

Tuesday, June 22, 2010

Unity Bar Lecture: June 25, 2010: Robert Verdun discussses "15 Ways to Improve our Number One Industry without Expending a New Penny"

The next lecture in the series will be delivered on Friday, June 25, 2010, by Mr. J. Robert (Bob) Verdun, Specialist in Social & Environmental Responsibility, Hotelier and Columnist, at the "Errol Barrow Gallery", DLP Headquarters, 'Kennington', George Street, Belleville, St. Michael; his/her topic will be "15 Ways to Improve our Number One Industry without Expending a New Penny". As usual lunch will be served from 12.30 pm and the lecture will start at 1.00 pm.

Saturday, June 19, 2010

DIABETES: THE SUGAR MYTH, CULTURAL AND TRADITIONAL BELIEFS AND THE TRUTH

Susan Haynes-Elcock is friend, who is a writer, housewife, avid gardener and volunteer with the National Trust in Britain. Diagnosed with Type 1 diabetes in October 2008, she has carried out much research to understand the long-term condition for which there is no cure. Shocking facts revealed that the Black African-Caribbean communities are one of the highest risk groups in the world for contracting diabetes – mainly, type 2.

Diabetes is a killer if not caught and managed carefully. Susan should know, hers went undiagnosed and she went into a coma as a result. Once she got over the experience of nearly dying, through her writing and other projects, she is now hoping to help educate those with and without the condition about the myths and reality of diabetes.

However, it doesn’t stop her living life to the fullest. She is developing a website, so keep an eye out. She is also workingjavascript:void(0) on becoming a culinary coach, and creating a range of ‘diabetically-friendly/everybody who loves food’ products. She promises more to come on that. As a part of a National Trust project, she has written ‘The Wightwick Manor, Caribbean Herbal’ - a book about many of our Caribbean herbs and their culinary and healing properties. Her article below was published recently in The Voice.
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DIABETES: THE SUGAR MYTH, CULTURAL AND TRADITIONAL BELIEFS AND THE TRUTH

By Susan K Haynes-Elcock


Diabetes: This silent stalker, common chronic lifestyle condition, is cloaked in myths. The most common of these - ‘the sugar myth’, unlike most myths, at least has a modicum of truth attached to it. Research shows that it is a universally accepted ‘truth’ that ‘if you eat too much sugar you get diabetes’ and ‘if you have diabetes you can’t eat sweets or chocolates.’

I laugh when I think of this particular myth, as I was once a member of the ‘sugar myth club’. When diagnosed with diabetes back in 2008, my first and only thought was ‘OMG, no more sugar.’ The simple truth is that the ‘sugar myth’ is just that – a myth. My diabetes was triggered by medication.

To make sense of how this myth has been accepted as fact at a global level, we need to go right back to the beginning to what is known about diabetes. Historical evidence shows that in approximately 1550 BC, an Egyptian papyrus mentions a rare disease ‘that causes the patient to lose weight rapidly and urinate frequently’. This is thought to be the first reference to the disease.

However, it wasn’t until around the 1st Century AD that it was named by the Greek Physician Aretaeus. He described a condition with symptoms of ‘constant thirst, loss of weight and excessive urination’. He called it diabetes meaning ‘siphon’ or ‘flowing through’ in Greek.

Around the 19th century, methods of testing to identify the disease included official ‘water tasters’ and some physicians actually tasting the patient’s urine. As it had a sweetish taste the name ‘mellitus’, which means ‘honey or sweet’ in Latin was added. Hence the name Diabetes Mellitus. Even more interesting though, is the actual makeup of the condition which gives a clear link to sugar and the disease.

Diabetes, a serious life-long condition is caused by a build up of glucose (sugar) in the bloodstream. The body breaks down food into glucose which moves through the bloodstream to provide cells with the fuel needed by the body to produce energy – similar to petrol in a car. To do its job, glucose needs the help of the hormone insulin which is produced by the pancreas. Diabetes occurs when the pancreas can no longer produce insulin, the insulin produced is not enough, or the body cannot use the insulin produced (insulin resistance), thereby causing a build up of glucose (sugar) in the bloodstream.

Diabetes is classified mainly as type 1 or type 2. Type 1 diabetes is caused by genetics, viruses, medication, stress and unknown factors. Type 2 diabetes is linked to genetics, lifestyle, obesity and age. Eating excessive amounts of foods high in sugar like sweets, pastries or drinks, can certainly lead to weight gain and an increase in the risk of developing diabetes, especially if there is a history of diabetes in the family.

The charity Diabetes UK describes myths as ‘old-fashioned untruths’ and state, “From misinformation around what food to eat, to incorrect causes of developing the condition, these old fashioned untruths cause various problems around living with, treating or even talking about diabetes.”

Diabetes is serious. If left untreated it can lead to heart attacks, blindness, nerve damage, kidney disease, and other life-threatening complications. So much damage can be done by these myths that during Diabetes Week 2010, Diabetes UK have launched a campaign aiming to dispel the myths about diabetes.

The sugar myth and other myths might be dispelled over time, but the real worry globally are the cultural and traditional beliefs of a community. Unfortunately, it would seem that the people most at risk include the ethnic minority communities of the North American Indian, Asian, African and Caribbean peoples. In the Afro-Caribbean community the belief was that for a female to be attractive, she had to have ‘some meat on her bones’. Other deep-seated beliefs are that diabetes is caused because of sin or evil spirits which only a spiritual healing or ‘bush bath’ will cure. Added to these are the beliefs that herbal healing and traditional medicines will ‘cure’ diabetes. Presently, there is no cure for diabetes.

The problem is that cultural and traditional beliefs are an integral part of a people’s heritage. Often no one knows where they originated but eventually they become ‘truth’ and accepted. Additional problems occur due to the inability or refusal of some professional care providers to acknowledge, respect or give credence to these cultural and traditional beliefs. As a result, ‘underground pockets of self-healers’ develop.

Researchers in the USA believe that unless care providers change their attitudes, they will continue to have little chance of being successful with the treatment and lifestyle changes they recommend. In spite of whatever education they provide or the arsenal of drugs, the communities that need it most will not fully benefit.

The belief amongst communities that herbal remedies such as garlic, ‘ganja’ tea, cerasee, lignum vitae leaf, and cinnamon lower blood glucose or even ‘cure’ diabetes is real. Forward-thinking Diabetes UK says, “Using herbal remedies and plant derivatives to help in the treatment of diabetes should certainly not be discounted’, with a caution that thorough research and consultation with experts is necessary (www.diabetes.org.uk) I personally have found using ordinary herbal remedies along with my insulin very beneficial in maintaining my blood glucose ‘sugar’ levels.

2010 Diabetes UK figures show globally 285 million people have been diagnosed with diabetes of which 2.6 million are in the UK. The question is, what more can be done to dispel diabetic myths? How helpful would it be at global and national level to include a formal structure that accepts and encourages the use of cultural and traditional beliefs in conjunction with modern diabetes treatments.

The truth is even though diabetes is a ‘killer’ disease, it has been proven that with careful management, dispelling the myths and avoiding ‘chocolate meltdown’, people with diabetes can have long and successful lives.

©2010 Susan K Haynes-Elcock

Monday, June 14, 2010

Whatever Moves You

I have no idea what the probability is that I arrive at another Caribbean island for the first time--Grenada--and one of the first people I meet is someone who is the son of Grenadian migrants who grew up in the same town as I did in west London, England. Someone who also played football in that same area; he was much better than me because he now plays in the English Premier League. But to add to the irony, he now plays for a northern England club in a town that I also know very well and used to visit often. I then go on to meet someone else from this island who also went to this same town in west London as an immigrant, where he raised his son, who has now gone back to their home island to help his father run their restaurant business.

But, so it was this weekend in the Spice Isle. All the things that went through my mind during the brief meetings go a long way along the road of the migrant experience in England. (I had thought about how Caribbean offspring may be about to make more political waves with Diane Abbott putting her hat into the Labour leadership race. I had also thought about how Ivorian, Tidjiane Thiam, who is the CEO of the Prudential Group, can stand up as a black man and not have his mistakes fall on matters of race, rather than competence.)

As for my chance meeting, we were none of us products of areas where migrants traditionally settled, ending up in some of the sleepier suburbs on the edge of London, and not getting lost in a bad educational experience. That the people I met had decided that for part or all of their time going forward they would go back to their native islands and try to start some venture is also interesting. I did not get into the issues enough to get a true feeling but even after a short time working in the Caribbean the full-time businessman and his son were talking about how hard it is to get used to how people do business, and their 'lack of professionalism'. Put nicely, they felt that making things work well would be 'a challenge'.

But, that said, there was something special about their being back in the Caribbean and working in what seems like a place that really values community and personal relations. Those are good and bad attributes. I do not know how long the father and son team will stick it out: the son was honest to say that his brother could not settle and was keen to head back to England. The father is set to stay, but he's been back less than 10 years. The professional footballer struck me as someone who has a head for other things and I would not be surprised to see him turn his interest and ideas into political leanings.

There is nothing simple about returning to the Caribbean and making things work. It's a hard fit. But, those who are trying it need more than applause and support, because two very different mind sets are now having to work together. I had a feeling about two years ago that recession in Europe and north America would lead to more of a flow of returnees to the Caribbean. I still hold that view, and I wonder how it will work out. The phase of outward migration from this region was extremely difficult for those who left and those left behind. I suspect--and know from some personal experiences--that the reverse movement will also be difficult. The diaspora has not been well nurtured over the years--exploited in the basest ways rather than used creatively, is my impression. But the region needs to change how it seems all its people that reflow back to the Caribbean need to happen so that all of its resources can be harnessed better for development.

Thursday, June 10, 2010

Why? Because I Say So.

Several days ago someone asked me about my lessened involvement on the radio call-in programs in Barbados. I explained that for a variety of reasons I had not been very audible for several weeks. Some of the reasons were that I needed to focus on what I do as work, and financial markets were very nervous and turbulent: I have found that I cannot concentrate on what is going on there for my benefit, and also have an ear and voice tuned to the issues coming across on the radio. Multitasking usually means that something or someone is getting short shrift, so I made a decision to limit certain distractions. I also explained that, while I may have a view on lots of things and some expertise in certain areas, one of my motivations was to encourage people who had views to express them, not to take up the airwaves with my own views and thoughts. I listened a lot to the discussions and formed ideas in my head, but did not feel the urge to express those on the air.

One thing that struck me was the repeated recurrence of particular topics and points of view and wondered how it was that this was still going on. Why do people need to use the call-in to let the water authority know that pipes have been leaking for days/weeks? Why cannot the electricity company address the issues of disputed meter readings? Why are those involved in West Indies cricket so seemingly out of touch with what the public wants of the team and its administration? Why are parliamentarians acting as if they are not being televised and broadcast live and stop what most people see as a set of boorish and uncivil behaviour, supposedly doing the people's business? Why can't a company representative give a simple answer to a simple question? Why is so much action promised and so little delivered? Why is it that things seem to get little or no action until a crisis appears? And the list goes on in my head.

In a sense, the various complaints and criticisms had not found a good ear on those who had the power to address them. What I also heard was a very distinct tone of defensiveness from decision makers. Whenever someone was being asked to take responsibility or give an explanation for why no action had been taken, up came the 'wall' of 'when the time is right, all will be explained' (or words to that effect). By and large, I find that approach very unacceptable, but I cannot speak for the general population, and if they find this 'wait awhile' style fulfilling. The other aspect that comes with that approach is a clear paternalism, that says 'we', the decision makers, know best when to tell you things that are important to your lives that we have done but not yet shared with you.

When I heard fellow economist, Tennyson Beckles, speak recently about the need for transparency in public decision making, his points seemed so obvious. Yet, here was a situation where information about a substantial addition to the public burden seemed to have been kept very close the chests of a select few. It does not matter how good or necessary the decision was/is--in this case, how to finance the rebuilding of prison destroyed by fire--the thinking seemed to be that people could not handle the nasty news that taxpayers would be on the hook for a lot more money over several years to come. That suggests that, had the public been informed, they might have said 'No, don't do it that way.'

Subjecting public decisions to public scrutiny is still not part of the Caribbean reflex. I'm not sure if that comes from centuries of having been subjected to bossiness of one sort or another. People seem to know how to ram decisions down people's throats, but not how to take people into their confidence or negotiate their way to a solution.