THE MAN who helped steer Ireland out of its economic and financial crisis is warning Barbados and other Caribbean states against opting to wait out the slowdown.
Rather, the former governor of the Central Bank of Ireland, Dr Patrick Honohan, said early action and a clear, coherent plan would be key to navigating any economic and banking crisis, and staving off further hikes in interest on rising debt.
While the Distinguished Visiting Fellow told the 4th Caribbean Economic Forum hosted by the Central Bank of Barbados on Thursday that the task would not be easy, he was adamant that politicians have a duty to properly communicate their plan of action to citizens. (WILLCOMM)
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