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Austerity in the midst of financial abundance
Dickson Igwe
Physical and economic recovery for the Virgin Islands, post the natural disasters of September 2017, requires a fitting of the country’s economic restorative models into the molds of the twin western economic cultures of stimulus and austerity.
The Deflation Beast
Dickson Igwe
Austerity is an option in long term economic planning. However, history has given austerity a “bad rap.” Austerity ideas present solutions for a long term economic plan for the [British] Virgin Islands.
Economic planning in an austere culture
Dickson Igwe
Effective long term strategic economic planning, specific to a country’s customs, traditions, and culture, is great for everyone: national stakeholders, citizens, employees, employers, businessmen, investors, and governments. However, any type of economic planning for the [British] Virgin Islands must take into account the various nuances, arguments, and discussions, of contemporary western economics.
Defeating the Deflation Beast
DICKSON IGWE
The return of John Maynard Keynes to the global economic conversation after his intervention in the 2008 financial recession is highlighted in the fact that Global deflation is a powerful and destructive beast. It is a monster that remains untamed. However, it is a monster that is proving the indestructibility of Keynesian ideas and his consumer driven economics model.
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