News
A productive Virgin Islands
Dickson C. Igwe
Productivity is the increase in economic growth resulting from deliberate social and economic policy. Productivity in the British Virgin Islands means driving the economy towards an increase in economic growth that further leads to a better quality of life for all residents.
BVICCHA hosts regional networking reception
ROAD TOWN, Tortola, VI- The BVI Chamber of Commerce and Hotel Association (BVICCHA) hosted 40+ businesses from Guadeloupe, Martinique, Saint Martin, St Lucia, French Guyana, Metropolitan France, and Barbados in a networking session with local businesses.
State of internet service hampering economic growth- Premier Fahie
ROAD TOWN, Tortola, VI- The state of internet service in the Territory has been described as a “technological crisis” by Premier and Minister of Finance Honourable Andrew A. Fahie (R1), who says he intends to urgently summon heads of the various telecommunications companies to address the issues.
‘Public Registers’ danger demand greater focus & investment in VI Tourism—Wheatley
NEW YORK, NY, USA – There are serious economic and financial implications for the Virgin Islands (VI), as a consequence of the United Kingdom's (UK) decision, to impose public registers of beneficial ownership on the Overseas Territories (OTs), and in order to compensate, Tourism will have to take on a much more prominent role as a driver of economic growth in the medium and longer term.
Jack’s small business test!
BY Dickson Igwe
The small business is the pulse and heart beat of the national and global economy. The health of the small business, including the sole proprietor, or one man business, is used as the benchmark for successful economies.
Wealth inequality, popular capitalism, and economic growth
By Dickson Igwe
There is increasing evidence that great wealth inequality is bad for economic growth. There is also an argument that the lack of a well regulated stock, commodity, and currency exchange in developing countries limits the access of the working and middle class to wealth and capital. That barrier to investment by the masses, further limits economic growth.
Taming the High Inflation Beast
By Dickson Igwe
Annual inflation is considered normal for a growing economy. High inflation is something else. High inflation will push the best planned economy over the proverbial precipice.
Mr. Big Spender and Frugal Miser
By: Dickson Igwe
Virgin Islands General Election 2016 is gearing up to be a contest based on economics. Specifically, the debate will center upon which political party possesses the economic philosophy, savvy, know how, and public confidence, to generate strong economic growth.
Free markets & the economics of see & saw
By Dickson Igwe
The following article looks at the free market as a panacea for economic growth, but from two differing perspectives.
Economics - never an exact science 1
By Dickson Igwe
The following narrative is part of a series of articles on issues affecting the global economy, relevant to the Virgin Islands. It uses the contemporary US economic model as analogy. It argues that economics and politics are in a symbiotic relationship. They are joined at the hip.
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