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Wednesday, March 07, 2007 

A Tale of Rising Inflation and High Food Prices in Barbados
When for example excessive increases in food prices constitute a quagmire for decision-makers and elected officials to sort-out, we can honestly say that we are gradually falling into a theatrical demonstration of blame-making.
And on the other end of the spectrum such distortions in the economy bring serious questions in regards to the negative impacts of these shocks as experienced at personal and household levels, and the capacity of (poor households) to purchase goods, or obtain adequate food or housing among
Of course, it goes without saying that to try to assess the economic standard of living of families, and individuals under such duress is no short call, given the need to understand (or rather) to integrate household economy within the span of local development strategies.

I guess that these perspectives can be put in parallel with the current dilemmas hovering in Barbados re the latest surge in inflation, and what policies could be better suited to attack Price Controls and Income Distribution. More >>>


It is not superisinf of the igh food prices. Have you ever looked at the types of imports (basis food imports ) into Barbados? Most of the fruits and vegetables are imported from extra-regional sources nece the high CET rate on the items which when importers add n their profits and retailers put theirs on , prices ought to be hog. Can we import from the CARICOM region duty free tropical fruits and vegetables. After all tourists come to the region to have a Caribbean experience in toal including the food.

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