Dr. Delisle Worrell

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – December 2019 newsletter: In an informed front page editorial on November 25, the Barbados Advocate had this to say about the power outage crisis in Barbados: “[Emera, the Canadian parent of the Barbados Light and…

Read More DeLisle Worrell: A Practical, Consistent Strategy for Renewables is Urgently Needed

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – November 2019 newsletter: The International Banking Seminar held on October 20, following the conclusion of the Annual Meetings of the IMF and World Bank, was an occasion to reflect on the main concerns of the…

Read More DeLisle Worrell: Investment, Inequality and Coordination Between Governments and Central Banks

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – October 2019 newsletter: One often hears the comment that there are hundreds of millions of dollars of idle funds at commercial banks that ought to be directed to investment projects to create employment and grow…

Read More DeLisle Worrell: You Need US Dollars, not Barbados Dollar Savings, in Order to Invest

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – September 2019 newsletter: Wind and solar power offer an exciting prospect of rapid growth and energy independence to a sunny island like Barbados, set out in the Atlantic in the path of the dependable trade…

Read More DeLisle Worrell: Barbados Needs A Road Map And Action Plan For Renewables

Reproduced with permission, the full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – August 2019 newsletter: The main reason that Barbados slipped from Number 46 in the global competitiveness rankings to Number 72 in the most recent Global Competitiveness Report is the poor performance of our public sector.…

Read More DeLisle Worrell: Public Sector Reform Begins With the Timely Publication of Annual Reports

My Year in Review 2018 The Economic Letter This year my monthly Economic Letter became a widely-anticipated source of information and analysis of the Barbadian economy, written for ordinary citizens. In my January Letter I explained that even though the outlook for the year was dire, my pamphlet The Barbados economy: the road to prosperity offered a…

Read More DeLisle Worrell Year In Review 2018

Full text of Dr. Delisle Worrell – former Governor of the Central Bank of Barbados – December 2018 newsletter: The Threat of Barbados Dollar Devaluation Remains Prime Minister Mottley’s unprecedented achievement in securing financial support from the IMF, the Interamerican Development Bank and the Caribbean Development Bank, has averted an imminent threat of devaluation. However,…

Read More DeLisle Worrell: The Threat of Barbados Dollar Devaluation Remains