Third World Economics
Belize is a typical Third World country, with all of its
problems and potential. Here are links to my thoughts over the past eight
years, as I lived here and there, and thought about what's right and (maybe)
wrong. If you disagree with my thoughts, please write
the IMF. The International Monetary Fund is the
source of loans & financial counseling for ailing countries. This
section of its website contains a lot of interesting information about Belize,
as well as its most recent assessment of Belize's debt and other economic
factors. New. Here
is the summer 2006 report from the IMF.
Newer. Here is the October
report. It is more complete and is an excellent analysis and presentation
of GOB budget figures.. It is a .PDF
and the EIU. New
(July 2005) The Economic Intelligence Unit collects and sells economic
information on all countries, including "little ol' Belize."
This report is illuminating, and more up-to-date than some of my other
Current US Economy vs. Belize
(Feb 2007) My take on the
current economic situation in the US and Mexico, and how it relates to
Bank. Here's an interesting overview of the economic indicators for
Belize. It's only current to 2006, but it's useful to show some of Belize'
strengths and weaknesses. New.
the World Bank compares doing business in Belize with other Central American
page is a spreadsheet which compares other countries to Belize. The
figures are taken from the CIA
World Fact Book, an invaluable resource. (Figures, altho dated, are
good as of Oct 2003) New
(Oct 2004) A newer, more comprehensive Spreadsheet can be found here:
the "Marketing Mix" (the 4 P's) and how they are used to plan.
Why does Belize have its own currency? Here
are my thoughts on the subject. I invite your feedback, of course. New
is an excellent article on money and banking in Belize by Lan Sluder.
Doing Business in Belize.
There are some very good reasons for English-speakers
to do business in Belize. I list these here.
Gold vs. Currency.
Someone on the web is always asserting that paper money is
worthless and you should buy gold. These people are usually gold salesmen
(SURPRISE.) Here's a discussion of the value of money.
Economic Links. A
page of links to other sites which have shaped my economic thinking.
Of course, the essays contain my opinions. If you disagree, please
me. (I have gotten nasty notes that simply tell
me that I'm full of sh*t. No details. That doesn't help me, or you, huh?)
The Bottom Line: "The problem is, of
course, that not only is economics bankrupt but it has always been nothing
more than politics in disguise ... economics is a form of brain
-- Hazel Henderson
(For a lesson in what's real, read Jay