I would take the most debated example – that of the PTCL – as an illustration of the general point I am making about the economic rationale for privatizing profit making public sector enterprises. The most oft pronounced arguments against privatization of profit making enterprises are (a) why fix it when it ain’t broke?
Over the years, it has played an important role in building a body of outstanding Caribbean economics scholarship through on-going collaboration, primarily among the CARICOM central banks, the University of the West Indies, the private sector and civil society organisations.