The Tribune

The real impact of Rosewood Exuma - an economist’s view

As keen observers of the economic activities of the country, we tend to pay special attention to developing trends, carefully analyse stated economic opportunities and seek to understand potential longer term economic ramifications of whatever is being discussed or assessed. Often some of the conversations around developments are abstract and narrowly focused without ultimately taking into consideration the need for new means of scaling for economic growth and the impacts thereof on the lives of the people from a financial, social and standard of living perspective. Beyond the immediacy of jobs and revenue there should always be an overarching question as to whether the decisions being taken are advancing the growth potential of the country. The development of the Bahamian economy demands consistent holistic consideration of the pros and cons at play and an intellectually honest and balanced assessment of the tradeoffs necessary to achieve those ends.

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• December 24, 2024