However, the probability of success of new initiatives, based on past experience, is quite low, so we must avoid overblown expectations, and we must be prepared to recognize and abandon things that clearly have no future.
The day-to-day role of Government, and of the Central Bank, is to provide information on the performance of the international markets which are of principal interest to Barbadians, and the potential implications for Barbados. In addition, government may provide support for the private sector in strategic areas and activities.