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Showing posts with the label economics

COVID 19's Impact on Emerging Markets and Developing Economies.

St Peters Sint Martin: By Wade A Bailey I cite the World Bank 2020 report listed below under the Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) http://creativecommons. org/licenses/by/3.0/ igo. Under the Creative Commons Attribution license . World Bank. 2020. Global Economic Prospects, June 2020. Washington, DC: World Bank. DOI: 10.1596/978-1-4648-1553-9. License: Creative Commons Attribution CC BY 3.0 IGO. ISSN: 1014-8906 ISBN (paper): 978-1-4648-1553-9 ISBN (electronic): 978-1-4648-1580-5 DOI: 10.1596/978-1-4648-1553-9 What follows are various citations and highlights from the report listed previously, the report is used in documenting pertinent facts, that will highlight the dire looming possible economic crisis, that could engulf the global economy. The dire economic scenario presented previously, proves the unsustainability of the ‘ one pillar ’ economic model used, in the past by regional governments including Sint Martin, its inability to sust...

IS EMIL LEE LIVING ON PLANET EARTH? IN THE AGE OF CATACLYSMIC GLOBAL CHANGES, TERRORISM, MASS MIGRATION, MARIJUANA LEGALISATION ET AL CAN TOURISM BE DEPENDED ON TO SUSTAIN CARIBBEAN ECONOMIES?

“Cuba catalyst for sustainable regional marketing campaign!”. The above headline jumped out at me in the Friday issue of July 17 th , 2015 in the Today Newspaper. Caribbean Hotel & Tourism Association (CHTA) President Emil Lee is the brainchild of the above quote. His statements were in reference to CHTA’s so called “Cuba White Paper”. The paper called Cuba: The Great Disruption for the Good of the Caribbean. The article claims that the paper has generated, a “huge” amount of interest in newspapers and trade journals in the US, without referencing even one instance of such, or providing a quote from one of the mediums, that has supposedly shown interest in Lee’s claims. On the heel of Carnival Cruises announcing that it had received permission from the US government, to begin cruises between the US and Cuba. The CHTA claims that, the cruise lines Cuba plans will adversely affect some current cruise destinations. Lee claims that: “ tourism presents the fastest opportunity ...