Sunday, January 30, 2011

The Bahamas Government is determined to make a full frontal assault on firearm offences

New court to fight gun crime
By TANEKA THOMPSON
Tribune Staff Reporter
tthompson@tribunemedia.net



THE Government last night announced a "full frontal assault" on gun crime, promising to bring those charged with firearm offences to trial in a matter of weeks after they are arraigned.

As of Monday, one magistrate's court will be dedicated to hear firearms cases in an effort to expedite the trial process.

The policy is expected to reduce the number of persons accused of gun crimes out on bail as they await trial.

Officials expect this will lower the chance of these suspects becoming repeat offenders and creating havoc in the community.

"Government is determined to make a full frontal assault on firearm offences. We will do that by, in every case of firearm possession, isolating the gun possession offence and seeking to have the individual tried before court as quickly as possible," said Attorney General John Delaney at a press conference to announce the new policy.

"We believe that by isolating the possession offence we can have a very speedy trial, and that we can get the individual, if he's found guilty, convicted and put away so that he is not available to become a repeat offender, or is not on bail for a very long time and thereby has the potential to create other difficulties," added Mr Delaney, flanked by National Security Minister Tommy Turnquest, top officers of the RBPF and Director of Public Prosecutions Vinette Graham-Allen.

Of the 94 murders in the Bahamas last year, 66 of them were committed with the use of firearms, according to police. As it stands, a person accused of a gun crime is arraigned, then later granted bail and could roam free as they await trial for months, even years.

In many cases, those on bail have been accused of committing other violent crimes. Mr Delaney said the new initiative aims to reduce the gap between arraignment and trial, and curb repeat offences.

"The idea here is developing speed, getting to the point of trial and removing a convicted person off the street and reducing the opportunity for persons who would have been found guilty of an offence, removing the opportunity for them to be on bail and therefore the risk of further offences."

Mr Turnquest said: "When that firearm is recovered we'd like to see that case disposed of swiftly and that criminal death with."

Police prosecutors will handle these cases, said Mr Delaney as he expressed confidence in their expertise.

He said: "The summary trials for the firearm offences will be prosecuted by police prosecutors with the full resources, assistance they might require from the Department of Public Prosecutions within my office. There are good police prosecutors and they have expertise and there's no reason at this time to change that. But at any point of time if, as Attorney General, I thought it appropriate for somebody from the DPP to prosecute a particular offence, that can happen."

Four persons accused of gun crimes are expected to be arraigned in court on Monday. They were arrested under the police force's new operation, Rapid Strike.

January 29, 2011

tribune242

Saturday, January 29, 2011

The Bahamian people want change

Courage, Care and Capacity
The Bahama Journal Editorial




This Tuesday past, we did precisely what so very many other people around the world thought they had to do – this is to say, we tuned in as Barack Obama, president of the United States of America delivered his State of the Union address.

This address while nominally delivered to and on behalf of the American people is one that piques the interests of the entire world because the United States – despite the challenges it currently faces – remains number one in the world.

And for sure, it remains the one country upon which the Bahamas and its neighbors in the Americas and the Caribbean also rely.

As reported in the Washington Post, “…Mr. Obama said that one of the most important things he could do in his presidency was to “open up more markets to American goods around the world.” He struck an optimistic tone, even as he described the challenges the nation still faces in a difficult economy with unemployment above 9 percent.

“We’re living in a new and challenging time, in which technology has made competition easier and fiercer than ever before,” Mr. Obama said. “Countries around the world are upping their game and giving their workers and companies every advantage possible.”

“But that shouldn’t discourage us,” he continued. “Because I know we can win that competition. I know we can out-compete any other nation on earth. We just have to make sure we’re doing everything we can to unlock the productivity of American workers, unleash the ingenuity of American businesses and harness the dynamism of America’s economy.”

We wish Mr. Obama and his great nation all the best.

We also know that, this beloved land of ours is currently being challenged and tested by any number of forces arrayed against it is clearly evident.

As in the case of the United States where forces conducing to the good are currently contending with certain reactionary tendencies, so too in a Bahamas where so very many Bahamians are apparently sick and tired of things as they are.

These people want change; and for sure, the kind of change they yearn for has to do with the grounding of a new kind of Bahamian – namely that kind of person who can comprehend that true nation-building must have love at its foundation.

In addition, there must also be in place leadership that has vision sufficient to take the Bahamas to that sweet place where each Bahamian sees himself as custodian of this nation’s patrimony.

But surely, there are some matters prerequisite to change that must be put in place – and here sooner rather than later – if this dream of real change - is to be translated into purposeful action.

Three such now come to mind; with these being: courage, care and capacity.

Courage plays its part when those who lead do what they must; care comes when they realize that, they can and should human beings with the greatest of respect – and for, the best of intentions are always for naught where and when capacity is either missing or some how or the other lacking.

And evidently, engaged and enthusiastic leadership has a crucially important part to play in this process.

Indeed, when we make any sustained reference for better and more committed leadership; in truth we are putting the case for leadership that has requisite depth and power to get the job done.

And so, whether the job in question has to do with health, education, security – or ongoing investment in the nation’s sustained growth and development, there will always be a need for the generation of that cadre of leaders who have the moxie to get on with the job at hand.

In such a renewed Bahamas, leadership would truly lead.

Put simply, while we have a pressing need to get out from under our current set of problems; there is commensurately, a crying need for the Bahamian people to become more engaged in this process of change.

There is also a need for the forging of a truly national consensus on a number of issues that now beg for both resolve resolution.

Here crime comes to mind; so does the matter involving undocumented migrants living and working in the Bahamas – and their relatives who routinely brave the high seas in order to join up with earlier migrant-pioneers.

Evidently, therefore, the time is surely now for both the governing party and its parliamentary opposition, and other interested parties in civil society to – once and for all – hammer out a consensus on this matter involving Haitians and other such people that best serves the national interests of the Bahamas.

Evidently, "things as they are" is just not the way to go.

In the ultimate analysis, the best leadership that a people can ever have is comprised of men and women seized with will, vision and demonstrated capacity to be up and doing with their assigned jobs.

January 28th, 2011

The Bahama Journal Editorial

Friday, January 28, 2011

...this is the right time for Bahamians to do better

Resolving to Do Better
The Bahama Journal Editorial



As this opens on a truly bloody note, some of our people yet stand, pray and hope for the coming of a better day; and for sure, some of these people have made it their sworn resolve to do their part in making this a reality.

We so swear.

Sadly, some others can be expected to do as they always have; which is that they will carry on as if there was no tomorrow. And so, barring some miracle, there will remain that primordial struggle between good and evil.

For our part, we would like to have a situation where more Bahamians could come to see the wisdom in so comporting themselves - that they – quite literally - love their neighbors as they love themselves.

Were they to move in this direction – that is of forging a greater sense of community- they would see to it that this great little nation that is ours would love and care for all its children; take care of their elders and otherwise work to make this place safer and healthier.

Evidently, things are today tending in the direction of disaster.

This trend can and should be reversed.

Yet again, this requires purposeful action.

And so we would dare suggest that Bahamians should – as Booker T. Washington once suggested – put their buckets down wherever they happen to be.

As a consequence, then, when it comes to schooling, we would like to see a situation where schools are put on a path where they can act in place of the parent; thus gearing themselves to really being and becoming places of respite and civility – incubators of a new and better Bahamas; this instead of the brutal spaces that some have become in these hard times.

Indeed, when we reference how Bahamians might wish to become more introspective, attentive should also be put on the way we worship, how we serve and the witness we bring – as believers- to the challenge of living in a time and in a place where sin and crime abound.

And for sure, here we must reference the stark contrast between the adornment of certain places of worship and the social degradation that is to be found on some of our nation’s main thoroughfares –some of them places where the hungry, the demented and the homeless wander about as so much human riff-raff.

This is an abomination.

Indeed, we would also mention – in the same vein- that there are circumstances and situations where wealth and poverty obscenely cavort; with the rich and the powerful very often oblivious to the sad situation facing some of their countrymen.

Yet again, there can and should be some resolve for those who have eyes to see, to do just that: open their eyes to the poverty and distress around them.

As true too is the fact that some of our fellow-Bahamians are today ill as a result of choices they have made. But chosen or not, these people still need assistance. And for sure, there can and should be some resolve in the coming year for them to get the help they need so that they could keep body and soul together.

Here take note that even as we note that people should take some major part in their own struggles, we note also that – as social animals - human beings must rely on others – whether these others happen to be family, neighbors or friends.

And just as true happens to be the fact that once an administration is sworn in, it is obliged – under the law – to govern in a true and good manner on behalf of all the people.

With this as guiding principle, then, there should be in the year that is ahead some resolve on the part of those who would lead to go beyond what seems to be a built in tendency towards tribalism and a winner-take all mentality in how we run things.

Such a resolve should imply that matters that are social in nature –like crime - should not be so treated that they become political footballs; with name-calling and finger pointing thrown in for good measure.

And yet again – as far as resolutions go- some major effort must be undertaken to so overhaul the nation’s criminal justice system that when people are charged for them to be brought to justice sooner rather than later.

Evidently, here resolve must be matched by requisite action. And for sure, if there are costs that must be made, Bahamians must resolve – as a people- to pay for whatever they get.

In the absence of such a commitment, they would be doing little more than wishing and hoping on a dream.

In truth, this is the right time for Bahamians to do better.

They should and they can.

January 27, 2011

The Bahama Journal Editorial

Wednesday, January 26, 2011

Poaching by commercial fishermen from the Dominican Republic is the greatest single threat to Bahamian seafood resources

'Greatest single threat' to Bahamas seafood resources
By LARRY SMITH



A RECENT report by a leading University of Miami marine scientist has confirmed that poaching by commercial fishermen from the Dominican Republic is the greatest single threat to Bahamian seafood resources.

The report on illegal, unreported and unregulated (IUU) fishing was produced for the Bahamas Lobster Fisheries Improvement Project. This initiative is sponsored by local seafood processors in a bid to win endorsement for Bahamian crawfish exports under the European Union's new Catch Certification programme.

Without this endorsement, which is aimed at reducing the over-exploitation of global fishery resources, Bahamian lobsters will be banned from the EU. And this lucrative market takes about 40 per cent of the 12.5 million lobsters we legally export every year (based on a four-year average), a catch valued at more than $87 million.

EU certification requires that lobsters are received only from licensed vessels using legal methods - meaning that only crawfish of legal size and condition are harvested. All fishery products must be properly documented upon landing, with guarantees that exports are not derived from IUU fishing.

Ironically, this is one of the main difficulties in dealing with illegal fishing in Bahamian waters. The Dominican Republic has a population of 9.6 million (compared to only 353,000 Bahamians), and it receives more than four million air/hotel visitors annually. So that country does not need to export seafood products and is immune to pressures from EU regulations.

Along the northern Dominican Republic coast are three major ports and several huge resort centres, one of which - Punta Cana - has more hotel rooms than the entire Bahamas. The size of the Dominican tourism industry presents an almost unlimited demand for luxury seafood. And Punta Cana hotels have lobster on the menu for US$16, about half the price of a typical lobster tail dinner in Nassau.

As well, American statistics show that 89,000 pounds of lobster tails were legally imported from the Dominican Republic in the past year, but according to international conservation organizations, there are no commercially viable stocks of spiny lobsters in Dominican Republic waters. In these circumstances, it is obvious where the lobsters for Dominican resorts and exporters are coming from.

From the Dominican Republic's northern coast, it takes less than three days to reach the Great Bahama Bank in a fishing vessel making 10-12 knots. These vessels are typically 65 feet long, and each is attended by a number of smaller skiffs. Fishermen operate from the skiffs using hookahs and spears, at depths well below 60 feet. And divers fish to depths of over 200 feet, reaching deep reef resources not legally fished by Bahamians, according to the IUU report.

"The potential for large illegal lobster landings in the Dominican Republic is huge. The implications in terms of lost jobs, lost revenue to the government, and lost fisheries resources is in the tens of millions of dollars," the IUU report warned. "This is a serious threat to national security and economic growth."

The report was produced by Dr Kathleen Sullivan Sealey, of the University of Miami's highly respected Rosenstiel School of Marine Science. She has decades of experience working in marine conservation in the Bahamas and was formerly Dean of the College of the Bahamas science division.

Crawfish are the most important marine resource we have, so we need to take care of it. In addition to export earnings, this fishery provides jobs, economic diversity and is an important tourist attraction. Aside from recreational fishing by visitors, lobster meals are one of the highlights of visiting The Bahamas, and interviews confirm that diners would like to enjoy a guilt-free meal. Bahamians also eat lobster, and expect this seafood to remain affordable for the general population.

But in order to protect this resource, we need accurate information, and little or none has been available on the scale or intensity of illegal fishing or for legal, non-commercial fishing in the Bahamas. This undermines fishery management efforts and places the resource at greater risk of over-exploitation. The IUU report is an attempt to address this deficiency by looking at consumption by restaurants, recreational fishers and commercial fishers, including poachers.

Illegal fishing is the harvesting of lobster by any means in violation of the existing laws and regulations, including poaching, taking undersized lobsters, taking lobsters out of season or using destructive methods such as bleach. Unreported fishing includes lobsters that are caught, sold and consumed locally by Bahamians and visitors, or legally exported under the sportfishing regulations.

Sullivan Sealey surveyed restaurants and resorts; interviewed yachters, tourists, Defence Force officers and local fishermen; examined data from seafood processors, and looked at the lobster market in the Dominican Republic. The main conclusions from this research are that restaurants may account for 570,000 illegal lobsters a year - about 5 per cent of the current export quantity; while the unreported catch could be some 1.5 million lobsters -- about 12 per cent of known export landings.

By far the biggest drain on the resource is illegal fishing by foreign vessels, mostly from the Dominican Republic. US law prohibits the import of fishery products that have been illegally taken, possessed, transported or sold. This includes the shipment of lobster from The Bahamas without export permits, or taken by foreign nationals in excess of the sportfishing limits (currently six lobsters per person). The Cuban fishing industry is state controlled, and since the 1980 sinking of HMBS Flamingo by the Cuban Air Force, there have been few reports of poaching by Cuban vessels.

Nevertheless, "Foreign fishing vessels operate across the southern Bahamas, venturing further north and across the Great Bahamas Banks during the summer when the lobster fishery is closed to Bahamians," Sullivan Sealey said. "There are no accessible records of sightings of foreign fishing vessels, but anecdotal information puts the number at about six per month. Reports of illegal immigrants from Honduras and the Dominican Republic working on Bahamian fishing vessels have also been verified."

Her report says it could be concluded from the interviews with Defence Force officers that the interdiction of poachers is not a priority for the patrol vessels. "The RBDF is itself a significant fishing entity, with both shipboard and island-based personnel engaging in recreational fishing as a way to supplement incomes."

Sullivan Sealey estimated the number of lobsters taken out of Bahamian waters by poachers based on 30 vessels making six trips a year, with a catch of 10,000 pounds per trip. "This conservative estimate of illegal landings is a staggering 35 per cent (or 4.3 million) of the known export of 12.5 million lobsters from the Bahamas."

However, she pointed out that as many as 65 fishing vessels could be operating from northern Dominican Republic ports, and lobsters are not their only target. Conch, grouper and other finfish are also taken, as all are highly marketable in the Dominican Republic. And each vessel could land over 70,000 pounds of catch per trip.

"The key to reducing the illegal fishing loss is to prevent illegal fishers from entering Bahamian waters," the report said. "The process of seizures and prosecutions, along with the cost associated with holding the vessels, crew and catch is largely ineffective. There are charges of corruption, and clearly a strong motivation with the amount of money involved in the sale of lobsters."

Diplomatic efforts to address the problem are likely to be more effective, the report said. along with identifying the vessels involved and pursuing their financiers. National Security Minister Tommy Turnquest told me that the government was already pursuing this option and a spokesperson for the Ministry of Foreign Affairs said a Bahamian ambassador to the Dominican Republic would soon be appointed to take matters further.

"The government is also providing increased resources to the RBDF to better equip them to deal with this problem," Turnquest said. "This includes the decentralization of the Defence Force with boats stationed to respond quickly. A base is being developed at Gun Point, Ragged Island, which is close to the Great Bahama Bank, our main fishing grounds."

According to Dr Patricia Rodgers of the Ministry of Foreign Affairs, one of the problems is that poachers have been receiving fairly light penalties and are then released. "It is my understanding that the relevant Ministries are now seeking to ensure that persons or entities who poach in our waters are charged to the full extent of the law and the resultant sentences are also to be published."

Director of Marine Resources Michael Braynen told me his department was "extremely concerned about IUU fishing in terms of its impact on fishermen, on government revenues, and even more significantly on our fishery resources themselves." He said British fisheries consultant Paul Medley has been working on a stock assessment for the seafood processors, which won't be released until after a series of peer reviews by other scientists later this year.

Meanwhile, Sullivan Sealey reports that anecdotal evidence of migrating lobsters, the abundance of lobsters in nearshore habitats, and the success rate of lobster condos in fisheries landings, all suggest that crawfish numbers are declining. Although Medley's preliminary appraisal indicates that the fishery is still in fairly good shape, a staggering number of lobsters are being removed from Bahamian waters each year -- more than 18 million, according to Sullivan Sealey's estimates.

She also pointed to the historical damage to lobster habitat throughout the Bahamas. Even on islands with relatively small human populations, she has documented damage at more than 60 per cent of coastal survey sites she has worked on due to the use of bleach and explosives, and through destruction of coastal wetlands and mangrove creeks that provide juvenile lobster habitat.

Braynen also acknowledged that poaching appears to be increasing year on year, although it is difficult to say by how much.

The only indicator he could offer was that the standard of the Dominican boats being apprehended in Bahamian waters is much improved lately, a sign that greater investments are being justified by the illicit returns.

"The greatest number of lobsters caught and removed from the ecosystem is likely through illegal foreign fishing in Bahamian waters," Sullivan Sealey concluded. And she confirmed the existence of a large domestic market for lobster in the Dominican Republic, with a fishing fleet capable of accessing Bahamian waters.

"Clearly, the most effort should be put into the documentation and monitoring of illegal fisheries landings in the Dominican Republic," she told me. "It is important for the Bahamas to make formal complaints to the Dominican Republic, and ultimately, you have to deal with who is funding this - better boats, more fuel, travelling further - there has to be a lot of money involved."

What do you think?

Send comments to

larry@tribunemedia.net

Or visit www.bahamapundit.com

January 26, 2011

tribune242

Tuesday, January 25, 2011

The culture of the Attorney General’s office needs to change

Standing with the commissioner
thenassauguardian editorial



The Bahamas has a crime problem. No reasonable person would question this statement.

There have been three homicide records in four years. This month the killings have continued at the same record pace as in 2010. The Bahamas has one of the highest murder rates in the region.

Whenever there is a crime problem, Bahamians look to the commissioner of police. He is expected to bring things under control and stop the bad guys. This view is overly simplistic.

On the response side, there are four divisions of the state that are critical regarding the crime fight. Police, the Office of the Attorney General, the court and prison must all function well if a society is to have a functional response to crime. No one of these divisions can fix a crime problem alone.

Others must step forward as public faces in this fight along with the commissioner. Here we will address one of the other three agencies: the AG’s office.

Prosecutors are as important as police in ensuring that criminals are dealt with. Police arrest those responsible for committing violent crimes. Police then marshal evidence and prosecutors lead cases in the Supreme Court.

If the prosecutors are incompetent, then there is little consequence to committing violent crime. As we have said before, the AG’s office is too detached.

The police commissioner speaks regularly. He is also criticized regularly. Police release crime statistics regularly. The police commissioner is mandated to release a policing plan annually. The director of public prosecutions and the AG’s office, however, are not held to the same standard.

Where is the DPP’s prosecution plan for 2011? Has the office prepared one? Shouldn’t Vinette Graham-Allen have to present such a plan to the public and defend it in front of the media just as Police Commissioner Ellison Greenslade has to?

Why do the AG’s office and its Department of Public Prosecutions not regularly release data about its work? They must keep records. Does the office think it is above scrutiny? Or is it that the performance of the office is so poor that it does not want the public to know the depths of the failure?

Recently, the AG’s office released its annual report for 2010. This is a good thing. Annual reporting is a part of the accountability process. The AG’s office now has a website. This is also a good development. However, the annual report had no data included in it regarding the work of the Department of Public Prosecutions.

If the level of violent crime is to be reduced in The Bahamas, citizens and the political ruling class must demand more from our prosecutors. The office must be subjected to greater public scrutiny. It should be mandated by law that the AG’s office and police release quarterly statistics. It should be mandated by law that an annual plan is released by the chief prosecutor just as such a standard is mandated of the police commissioner. And the politicians should mandate that the chief prosecutors hold regular news conference to inform the public of the work of the department.

If the prime minister can subject himself to questions from the media, then surely the DPP can do the same.

This commentary is not a criticism of Graham-Allen. The culture of the AG’s office needs to change. Greenslade subjects himself to scrutiny and take the blows that result. In the process the democracy is strengthened. The DPP must be made to do the same.

1/24/2011

thenassauguardian editorial

Monday, January 24, 2011

Great frustration expressed at the Bahamian Government's delay in implementing reforms to The Bahamas' gaming regulations

Atlantis: Get a move on with gaming reforms
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net



Branding announcements that Jamaica is set to grant three casino licenses this year as "a big problem" for Bahamian tourism, Kerzner International (Bahamas) top executive has expressed great frustration at the Government's delay in implementing reforms to this nation's gaming regulations.

Speaking to Tribune Business about the wait for the Government to move ahead with reforms proposed by the Bahamas Hotel Association and the Casino Association, George Markantonis, the company's managing director and president, told Tribune Business he finds the entire situation "very frustrating" and warned of the implications for Bahamian tourism.

"It's been over a year. It's very frustrating. This isn't, to me, that difficult. You're only talking about two major casinos and, frankly, every day we are losing ground in the gaming world. We just have some regulations that are annoying to the consumer. It's way easier to go and gamble elsewhere," said Mr Markantonis.

He noted that many of the recommendations "were procedural (and) not sensitive", providing all the more reason why their consideration and implementation could have moved ahead more swiftly.

Meanwhile, Vincent Vanderpool-Wallace, minister of tourism and aviation, told Tribune Business he was now in possession of the final recommendations for reform of the Bahamas' gaming laws and regulations, and hoped to present them to the industry next month.

In an e-mailed response to this newspaper, he said: "I had the final review of the recommendations from the Gaming group with me, and hope to present it for consideration next month. I am not sure how long it will take to change regulations to effect whatever is agreed, but we will advance it as quickly as possible."

Mr Markantonis and other industry chiefs say the changes are necessary to keep the Bahamas competitive as a destination for gamblers.

Mr Markantonis' comments come after Jamaica's minister of tourism, Edmund Bartlett, spoke to the world's media at the recent Caribbean Marketplace tourism trade show, which took place in Montego Bay last week, about his government's "casino dream".

He revealed that Jamaica intends to grant three casino licenses this year and is taking applications for others, with the expectation that each casino could bring in $40 million in revenue to the Government annually.

Mr Markantonis said he sees this development as a "big problem" for the Bahamas, and a "bigger issue" than the fact that the Jamaican government has also just opened a state-of-the-art convention centre - the Caribbean's largest - in Montego Bay in the hopes of gaining a greater share of this lucrative tourism market that the Bahamas, and Atlantis especially, has traditionally benefited from.

"I do think that will be a problem for us - I am not going to hide it. If they do approve all these mega-resort casino licenses there, it's just more casinos coming right on our doorstep.

"We have to keep working on the gaming regulations we have here, make sure they are friendly to the casinos we have here and, at the same time, we have to work on our marketing programs like anything else. You can't just roll over; you learn how to compete in a tougher market," said Mr Markantonis.

Casinos in the Bahamas have suffered significant year-over-year declines in revenue in recent times. Atlantis reported an 8 per cent decline in 2010, while Crystal Palace saw an 18.5 per cent drop. While this is in part because of sluggish tourism levels overall, industry stakeholders have consistently pointed to out-dated gaming regulations as a contributing factor in a narrowing of this nation's competitive advantage.

In March 2009, Robert Sands, then Bahamas Hotel Association president, told this newspaper he believed "radical change" would be needed to gaming regulations if the Bahamas is to maintain a competitive edge against other popular destinations.

When Mr Vanderpool-Wallace last spoke to Tribune Business in October 2010 on the subject of the reforms proposed by the hotel and gaming industry to the sector's regulatory framework, he suggested the proposals were "in front of (him) right now" and under active consideration.

The Minister suggested the Government is looking to marry its own recommendations that it believes will be "even more beneficial" to Bahamian casino gaming with those proposed by the private sector, as it moves to "enhance and hold on to the significant competitive advantages" this nation has.

January 24, 2011

tribune242

Sunday, January 23, 2011

The Bahamas' economy ranked 46th in a listing of the world's freest economies

Bahamas: 46th in list of world's freest economies
tribune242



A "poor trade regime" and "intrusive" bureaucracy prevented the Bahamas from ranking higher on this year's Index of Economic Freedom.

The Bahamas' economy ranked 46th in a listing of the world's freest economies according to the Heritage Foundation's 2011 Index of Economic Freedom.

The Bahamas also ranked eighth out of 29 countries in the South and Central America/Caribbean region with its overall score, coming in higher than the regional and world averages, said the website.

The country's overall score - or economic freedom - came in at 68 "due primarily to higher scores in fiscal freedom, government spending, and monetary freedom", according to data collected by the research and educational institution.

However a "poor trade regime remains one of the most cumbersome challenges," said the think tank.

The report added that "an abundance of tariff and non-tariff barriers continues to create a costly trade burden."

"Intrusively bureaucratic approval processes hinder investment freedom and undermine development of a more vibrant private sector," the organisation said.

The Bahamas scored 55 in freedom from corruption due to ongoing software, music and movie piracy, and reports that drug trafficking and money laundering involve police, coast guard, and other government employees.

"Violent crime has escalated sharply. Even though internet gambling is illegal, many online gambling sites are reportedly based in the Bahamas, sometimes using internet cafés as fronts. The Bahamas has neither signed nor ratified the UN Convention Against Corruption," noted the survey.

Business freedom was ranked at 72.5 out of 100, and while the report said that the Bahamas' regulatory environment is advantageous to private-sector development, "the process for obtaining a business licence is not always transparent and straightforward, and officials have considerable discretionary power". Government recently passed a new Business Licence Act - which came into force on January 1 - aimed at streamlining the process for applying for a business licence and removing the red tape involved.

Trade freedom and investment freedom scored the lowest coming in at 42.2 and 30 respectively.

"High tariffs and a stamp tax on most imports, high duties that protect a few agricultural items and consumer goods, occasional import bans, and some import licencing and permits add to the cost of trade," noted the report. "Ten points were deducted from the Bahamas' trade freedom score to account for non-tariff barriers."

Investment freedom got the lowest scoring due to the many areas of business reserved solely for Bahamians and the barriers for international investors.

The Heritage Foundation is a think-tank based in Washington, DC which defines economic freedom as "the fundamental right of every human to control his or her own labor and property".

The Foundation measures ten components of economic freedom - business freedom, trade freedom, fiscal freedom, government spending, monetary freedom, investment freedom, financial freedom, property rights, freedom from corruption, and labour freedom - using a scale from 0 to 100, where 100 represents the maximum freedom.

These scores are then averaged to give an overall economic freedom score for each country.

Hong Kong, Singapore and Australia were the top three countries respectively, while the United States placed ninth with an overall score of 77.8.

January 22, 2011

tribune242