Search Result for: paul hay capital projects

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Paul Hay: CARICOM and Caribbean Economic Development

By Paul Hay CJ Contributor In 1963, the Centre for Developing-Area Studies (CDAS) was established at the McGill University in Canada. William G. Demas – then Head of the Economic Planning Division of the Government of Trinidad and Tobago, served […]

Paul Hay: What History Means for Jamaica’s Logistics Hub

By Paul Hay CJ Contributor IN MY Op-Ed, “The Logistics Hub Project and Jamaica’s Development,” I indicated that Jamaica’s Logistics Hub initiative intends to make use of the island’s strategic geographic location to attract larger ships that will be able […]

Doing Business in the Caribbean 2016

By Paul Hay CJ Contributor Doing Business 2016: Measuring Regulatory Quality and Efficiency is the 13th in the long-standing series of co-publications by the World Bank and International Financial Corporation (IFC). This annual report on the ease in doing business […]

Making Caribbean Business Better

By Paul Hay CJ Contributor “With the widening of the Panama Canal and construction of a second canal in Nicaragua, a significant increase in trade and investment can be expected in the Caribbean Basin. So, improving competitiveness of local firms […]

Why Caribbean Business Needs Reform

By Paul Hay CJ Contributor Doing Business 2015: Going Beyond Efficiency is the 12th in the series of long-standing co-publications of the World Bank and International Financial Corporation which ranks the global competitiveness of nations annually. In this publication, 189 […]

Singapore’s Lesson for Jamaica

By Paul Hay CJ Contributor Singapore is an island city-state in Southeast Asia. It was founded by Britain as a trading colony in 1819. Lee Kuan Yew became its first Prime Minister in 1959. Four years later, Singapore joined the […]

Medical Tourism in the Caribbean

By Paul Hay CJ Contributor The fifth “Global Ministerial Summit” was held in Washington, DC on Sept. 21. Ministers of health, tourism and economic development, trade commissioners, and health attachés from 25 nations gathered to discuss medical tourism challenges and […]

Healthcare in the Caribbean

By Paul Hay CJ Contributor The World Health Organization (WHO) published a ranking of global healthcare systems in their World Health Report 2000. According to an article in the June 29, 2012 edition of the Business Insider entitled “These are […]

Diversifying Jamaica’s Energy Mix

By Paul Hay CJ Contributor In an article in Jamaica’s Sunday Gleaner dated 21 April 2013 titled: “More Lessons from the Past – Missed Energy Opportunities”, William Saunders, Energy Consultant, outlined Jamaica’s failure to act upon initiates to diversify its […]

Doing Business in the Caribbean: CARIFORUM Needs Reform

By Paul Hay CJ Contributor THE RECENT report, Doing Business 2014: Understanding Regulations for Small and Medium-Sized Enterprises, is one of a long-standing series of co-publications of the World Bank and International Financial Corporation, which records the global competitiveness of […]

Political Independence and Economic Development in the Caribbean

By Paul Hay CJ Contributor In 2003, Alvin G. Wint – former head of the Department of Management Studies at the University of West Indies, Mona Campus – noted in his book, “Competitiveness in Small Developing Economies: Insights from the […]

A New Way For Trinidad and Jamaica to Work Together

By Paul Hay CJ Contributor William Demas, former Head of the Economic and Planning Division of the Government of Trinidad and Tobago, compared the five-year national plans of Jamaica and Trinidad and Tobago (T&T) in his book The Economics of […]

Is China’s Plan a Game-Changer For Jamaica’s Logistics Hub?

By Paul Hay Op-Ed Contributor To date, I have written three articles about different aspects of Jamaica’s Logistics Hub. This makes my fourth. Frequent readers of the Caribbean Journal may only be aware of three, counting this one. The first, […]

Doing Business in the Caribbean: Lessons From Singapore

By Paul Hay Op-Ed Contributor In the “Competitiveness of Small Nations: What matters?”, Densil Williams and Beverly Morgan analyze the competitive performance of Singapore, Barbados, Jamaica, Trinidad and Tobago under the “Global Competitiveness Report” over a period spanning 2004/5 to […]

Op-Ed: The Logistics Hub Project and Jamaica’s Development

By Paul Hay Op-Ed Contributor ONE LINE of the Jamaican National Anthem reads: “Give us vision lest we perish.” Vision 2030 Jamaica provides a national development plan for making “Jamaica, the place of choice to live, work, raise families, and […]

Op-Ed: Solar Energy and the Caribbean’s Economic Future

By Paul Hay Op-Ed Contributor According to the Energy Policy and Sector Analysis in the Caribbean (2010 – 2011), the “Caribbean islands have the potential to lead the world to a new energy future.” Research on this paper was the […]

Op-Ed: Energy Generation in the Caribbean Needs to Change, Part 2

By Paul Hay Op-Ed Contributor In part 1, I made the point that Caribbean states cannot depend on monopoly power providers to implement their renewable energy policies. But, a strategy needs to be effected that enables operation of independent power […]

Op-Ed: Energy Generation Needs to Change in the Caribbean

By Paul Hay Op-Ed Contributor The Bahamas’ only privately-owned power provider – Grand Bahama Power Company – recently commissioned an additional 52-megawatt power plant. Speaking on the occasion, Minister of Grand Bahama – Dr Michael Darville – urged the owners […]

Op-Ed: Jamaica’s Construction Industry

By Paul Hay Op-Ed Contributor In 2008, Dean Burrowes recorded his analysis of the global recession in “The Jamaican Construction and Real Estate Industry and the Impact of the Global Economic Crisis.” He noted that the bankruptcy of major US […]

Expedia: St Thomas Tops Summer Destinations