Qualified Opportunity Zones Are a New Tool to Spur Investment
November 16, 2018 – Jonathan Adams
Qualified Opportunity Zones (QOZs) provide a refreshing approach to economic development. Created as part of the 2017 changes to the U.S. tax code, QOZs attract new investments through the deferral of federal income taxes on recently realized gains as long as they are reinvested in a QOZ. Further, taxes on additional gains from these new…
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Community Leadership and Making the Most of Changing Times
July 1, 2018 – Christopher Visentin
The more things change, the more they stay the same—a familiar saying, but it is hard not to feel that small communities today are facing new threats that will fundamentally change their futures due to global economic change. A unique symptom of that change is the movement of industries, jobs, and people away from small…
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Successful Economic Development Requires a Young, Motivated and Task Oriented Workforce
March 27, 2018 – Justin Moorhead
Essential to economic growth is reversing our migration. We must make our Virgin Islands a realistic location of choice for those completing university training or leaving military service and attract other talented millennials to be part of our community. Our community is aging and our workforce shrinking. Neither is advantageous to economic expansion. Economic growth…
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Remembering Sir Arthur Lewis
March 27, 2018 – Under The Markets Admin
Trinidad and Tobago Guardian Hamid Ghany Published: Sunday, January 21, 2018 On Tuesday January 23 instant, The University of the West Indies will honour the memory of its first vice chancellor, Sir Arthur Lewis, who also won the Nobel Prize for Economics in 1979. At the St Augustine campus, there will be a memorial symposium from…
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At least Puerto Rico has a plan, why not us?
March 10, 2018 – Justin Moorhead
A recent conversation on our coming 2018 election raised the question of whether the candidates (incumbents and challengers) truly understand the breadth of the problem facing the Virgin Islands and are thinking beyond winning to the issues of governance. Tangentially related, a recent published critique of Puerto Rico’s new fiscal plan of recovery, conflated my…
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