October 12, 2003
Rich Country, Poor Government
There is an abundance of evidence that the government is not only poor in financial resources, but gives poor service to local and foreign investors who are willing to contribute meaningfully in the Bahamian economy. The country's economic growth seems stunted by a vicious circle - a slow bureaucracy and an ever-growing economic and cultural dependence on the outside world.
With powerful changes swirling around us and demanding ever quicker responses, the failure by policy makers to respond effectively would result in the country and its people be left behind in economic despair.
Read the Commentary from The Bahama Journal
Posted by admin at October 12, 2003 11:58 PM