In the Global Competitiveness Report previously alluded to, the inefficiency of our Government bureaucracy is identified as the most damaging factor for doing business in Barbados. Each and every public servant should resolve to play their part in improving that statistic. BIS central bankers’ speeches  1  Ultimately, we are in a good place.
In that respect, I was pleased to see the debate on the future of monetary union gain renewed traction last year. In a speech he gave in September, the French President Emmanuel Macron proposed, for instance, communitising more policy areas such as defence, immigration and climate protection. In other words, he advocates taking joint decisions in these policy areas and financing them jointly.