The costs and benefits of Bermuda’s Term Limits policy are, like many things in life, a matter of perspective. If you are a blue-collar worker, you have likely seen expat workers come and go with minimal disruption to work flow. For example, if an expat electrician, plumber or mason is scheduled to leave a company, [...]READ MORE »
Posts in category International Business
The new OBA Government must now decide the best way to stimulate Bermuda’s struggling economy. This is obviously an important issue because if they can get it right, they will create new jobs while decreasing the national debt; but if they get it wrong, they may cause Bermuda to continue its downward spiral into economic depression.
The problem is not unique to Bermuda. Many economists, businessmen and political leaders around the world are trying to decide the best way to stimulate their respective economies. Some argue that government spending is best; others believe tax cuts are the way to go.
Because there are merits to both sides of this economic debate, it is difficult for these countries to decide which road is best for them.
Fortunately, in Bermuda, the appropriate choice is much less difficult because Bermuda’s economic structure is fundamentally different than that of most other countries.READ MORE »
There are a number of things that Government got right in its recently announced policy to grant Permanent Residency to international business executives who have a proven track record of creating jobs for Bermudians. Unfortunately, in trying to balance the needs of various parties, Government struck a compromise that makes the policy ineffective. On the [...]READ MORE »