News
Economies 'built on sand' - Part B
Dickson Igwe
Countries that depend upon a single product and a single market for their economic existence put all their eggs into a single basket. When that basket takes a hit, deep recession and depression are the results.
Economies ‘built on sand’- Part A
Dickson Igwe
Countries that depend upon a single product and a single market for their economic existence put all their eggs into a single basket. When that basket takes a hit “all hell breaks loose.”
Prospect Reef & a grand vision for the Virgin Islands
Dickson Igwe
Simple location and geography state that Prospect Reef, a Hurricanes Irma and Maria devastated marina and resort, sitting on a spectacular and picturesque shoreline of Road Town, Capital of Tortola, [British] Virgin Islands, is one of the best locations in the Caribbean, to build a Nautical and Ocean Sciences College.
There is no dream, without learning
Dickson Igwe
What type of learning culture is required to take the Virgin Islands into the next epoch in its history and development?
Economic vision, post public register of beneficial ownership
Dickson Igwe
OK, a very savvy mind, who over the decades has been a major player in the Virgin Islands offshore finance industry, told this writer that he was not overly concerned about the UK government’s decision to impose a public register of beneficial ownership on offshore companies of overseas territories of Great Britain. He stated over lunch, that the industry had already factored in the decision into its working culture.
A vision for the Virgin Islands post Irma- Part 2
Dickson Igwe
OK. There can be no real economic recovery for the Virgin Islands without a clear vision, mission, and plan for a Post Irma future. And post Irma, in a highly competitive, predatory, scientifically driven, global economy, VISION and strategic economic planning alone, will rescue the Virgin Islands from permanent underdevelopment.
Virgin Islands Political Wild Cards 2
Dickson Igwe
OK. Political commentary is controversial. Undoubtedly! But why is this so? Because it discusses power! And in the game of power the stakes are always high.
Borrow for boom or bust?
Dickson Igwe
The recent ten to two vote in the Virgin Islands Legislature allowing for the establishment of the Disaster Recover Agency, is a vote for transparent, accountable, equitable, measured and well audited governance.
Borrow from home or abroad?
Dickson Igwe
Governments, even micro administrations of tiny jurisdictions, have the ability to raise finance, to an exponentially greater degree than individuals and small businesses.
Barbarians at the gates of Rome
Dickson Igwe
The Virgin Islands economy composed of the financial services industry, ecotourism and maritime, and the domestic market economy, is the core tool for the empowerment of Virgin Islanders and citizens.