Thursday, June 9, 2016

Economic and Social Sustainability of the Cayman Islands

The next four decades are going to be extremely challenging in many ways. They will be challenging not only economically and socially, these islands will also be challenged by a changing climate, exposing us to much higher levels of risk, as well as exposed politically to violent winds of change. There are also the issues of energy security and sea level rise that will have to be addressed .   The leadership of these islands have time and again proved themselves incapable of visualizing and planning for the future, and the concomitant issues that we are going to faced with in the medium and long-term. I often feel overwhelmed by complacency, given that the only forward thinking runs in four year cycles and is politically driven.  The Cayman Islands have never liked planning and as I often repeat "failing to plan is planning to fail".