Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Dr. Claude Anderson - Powernomics A Vision Beyond The Dream

The Destruction of the Haitian Economy before the Earthquake (Full Documentary)

United States Foreign Policy in Haiti: A Study in Failure Ulric S. Haynes, Jr. United States Ambassador to Algeria, 1977-1981 American "Operation Restore Democracy" in Haiti has failed. The blame for failure must be shared both by Haiti and the United States (US). For Haiti's part, a popularly elected President, Jean-Bertrand Aristide, whose return to power as the country's legitimate chief of state we engineered, is now encouraging techniques of political assassination, terrorism, and election tampering to ensure his return to power. All independent observers of the May 21, 2000, legislative elections agree that the process was flawed, resulting in an overwhelming victory for ex-President Aristide's Lavalas Party. In the next round of elections on November 26, 2000, Haitians are scheduled to vote for the President and a number of additional seats in the legislature. However, because of the flawed election process in May, the major parties in opposition to Lavalas have decided to boycott the November elections. This virtually guarantees that Aristide will be re-elected and the legislature will be dominated by his Lavalas Party. In this connection, Leon Manus, president of Haiti's independent election commission, fled to the United States after receiving death threats for refusing to validate the May election results. After the May elections, Haiti's present President, Rene Preval, dissolved the legislature and has ruled by decree. Preval is generally accepted as being a puppet for Aristide. For our part, these tainted elections have cost the United States about $23 million to print ballots, set up polling places, and train election workers.

Jamaica & The World Bank (IMF)

Prior to the arrival of Columbus in 1494, Jamaica was inhabited by Arawaks, living in simple communities based on fishing, hunting, and small scale cultivation of cassava. The impact of the contact with the Spanish was traumatic, and these communities disappeared in 70-80 years. Plunder, disruption of economic activities, new diseases, and migration decimated the indigenous population. Only a few artifacts-facts, examples of which are on display at the small museum at White Marl, and a few Spanish corruptions of place names (such as Ocho Rios) remain from this period. Otherwise, there is no Arawak influence on the subsequent development of life on the island. II. The Spanish Occupation, 1494-1655 Disappointed by the absence of gold on the island, the Spanish used Jamaica as a base for supporting the conquest of the Americas, particularly Mexico with its treasures of gold and silver. The population of the Spanish settlement, including their slaves, was never large. It was administered from the Town of Santiago de la Vega, now called Spanish Town, and much of the architecture of the original buildings is still evident today in the town square. Economic activity consisted primarily of production for domestic consumption, and to a lesser extent the supply of Spanish ships. In 1655, it was captured by the British expedition led by Admirals Penn and Venables, following their unsuccessful invasion of Hispaniola. By this time, the island was of little significance to the Spanish crown, and accordingly, very little was done to defend it against the British. As with the previous period, the influence of the Spanish settlement on the subsequent social, economic and political life of the island was marginal. Apart from remnants of buildings with the distinct Spanish colonial architectural styles, and names of places, there is very little visible evidence of the Spanish occupation. III. The Slave Economy, 1655-1838 After a brief period of experimenting with indentured European labor, the British turned to large scale importation of Africans to be used as slaves on the sugar plantations. In its hey-day, Jamaica was one of "the jewels in the English crown" because of the fabulous prosperity it brought to the English plantation owners directly, and indirectly to those cities, such as Liverpool and Bristol, which serviced the trade with Jamaica and the rest of the British Caribbean (West Indies). Plantation slavery was based on the Triangular trade among England (manufactured goods), Africa (slaves), and the Caribbean (sugar), which itself was the basis for what later emerged as the international economy. International trade was so important to the Jamaican economy that when the American war of independence disrupted trade between what was then the "North American colonies" and the Caribbean, 15,000 thousands of slaves died of starvation in Jamaica alone. The plantation dominated economic life in every sense. It occupied the best lands, the laws supported the slave system, and in general all commercial and other economic activity depended on the rhythm of activity of the plantation. Some slaves inevitably ran away from the estates to live in small bands in the mountains as Maroons. In recognition of her leadership in the Maroon wars against the British, Nanny was eventually named a national hero. Except for the Maroons, all agricultural activity took place on the plantations. The towns served as the commercial sites for the export of sugar and the importation of the inputs for production. The political system consisted of a governor and his executive council, and an assembly of representatives elected on a limited franchise determined by property ownership. The politics of this period was characterized by an uneasy alliance between the governor as the representative of the crown, and the Assembly of planters, against the slaves. Frequently, the alliance broke down, invariably over taxation of the plantations. By the close of the 18th century, sugar was losing its economic preeminence because of competition from beet sugar as well as rising production costs. In 1838, the slaves were Emancipated and the plantations had to begin paying wages to its workers. One of Jamaica's national heroes, Rev.Sam Sharpe, after whom Montego Bay's city square is named, is celebrated for his leadership role in the famous Christmas rebellion of slaves in 1831, a few years before Emancipation.