Thursday, September 2, 2010

‘Dilemmas of Development’ News

BELIZE’S TRADE POLICY AND SERVICE PROVIDERS AT ODDS

Friday, August 27, 2010 8:15

Over the past few weeks the tourism sector and more specifically the tour operators have been in a raucous over a company Chukka – Bakka Bush and their place in the market.  It is important in accessing the current relationship of this firm with Carnival Caribbean cruise line and the ...

SUGAR NOT AS SWEET AS IT USE TO BE

Friday, August 6, 2010 8:11

The sugar industry in Belize is one of the oldest industries that make a significant contribution to the economy, as one of the major export commodities.  This industry has been the major pillar of economic activity in the northern districts of Corozal and Orange Walk that engages over 5,000 farmers ...

GIVE BELIZE BUSINESSES A CHANCE

Friday, July 23, 2010 11:29

Belize’s trade and investment policy over the years has been grounded in a legal framework that hinges on her participation in fostering regional integration within the Caribbean Community (CARICOM).  Since becoming a contracting part to the General Agreement on Trade and Tariffs (GATT) and subsequently the World Trade Organization (WTO), ...

NO CHANGE IN BELIZEAN LIVES

NO CHANGE IN BELIZEAN LIVES

Friday, July 16, 2010 8:56

Last week Government through the Statistical Institute of Belize released Gross Domestic Product (GDP) data for 1st quarter of 2010.  At mid-point in the year the public is only now being provided with this data, which seem rather coincidental in light of the International Monetary Fund (IMF) recent Article IV ...

BELIZE’S ECONOMIC RECOVERY NOT IN CLEAR VIEW

Friday, July 9, 2010 2:33

On July 1, 2010 the International Monetary Fund (IMF) completed its annual Article IV consultations in Belize.  During their meetings in country they met with the Prime Minister, government officials, private sector and civil society representatives.  The IMF team conducted an assessment on Belize’s economic performance for 2009 and provides ...

MITIGATION PLANS SUPPORTING DEVELOPMENT

Thursday, July 1, 2010 23:11

Last week Belizeans were awakened for the opening of the hurricane season with tropical storm Alex rushing to her shores unexpectedly.  However, the response from the National Emergency Management Organization (NEMO) was noteworthy.  The voluntary evacuation by people in the cayes demonstrated a clear appreciation of the vulnerability that those ...

PLAN RESTORE BELIZE NOT A NATIONAL SOLUTION – PART II

Friday, June 11, 2010 8:39

In last week’s edition of this column this writer assessed Government’s response to crime by way of its recent proposal Restore Belize and the accompanying cabinet changes.  It was noted that the labyrinth institutional structure that was proposed is an augmentation and duplication of some aspects of the existing Crime ...

PLAN RESTORE BELIZE NOT A NATIONAL SOLUTION

Thursday, June 3, 2010 23:31

Over the last two years the social fabric of the Belizean society has been severely challenged by the global financial and economic crisis that spawned from the industrialized nations and its lasting effects being felt in the developing world.  Fueled by dismal economic activity, crime and criminal activity have soured ...

INTEREST RATES NOT FALLING FAST ENOUGH

Thursday, May 27, 2010 23:08

In the first quarter of 2010 Government, in response to the clamor for reduction of interest rates in the banking sector, sought to intervene in the market by making amendments to several pieces of legislation, namely the Treasury Bill Act, Central Bank of Belize Act and the Bank and Financial ...

THE CARIBBEAN COURT OF JUSTICE AND REGIONAL ECONOMIC INTEGRATION

Thursday, May 20, 2010 22:26

In late 2008 the People’s United Party government of that day sought to introduce the required legislative amendment to have Belize replace the Privy Council with the Caribbean Court of Justice (CCJ) as her court of last appeal.  From early 2001 the former Prime Minster Honourable Said Musa signed the ...