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AmericasNovember 7 2005

In defence of unorthodox economic strategies

Barbados premier Owen Arthur tells James Eedes what lies behind his economic policies, which he continues to follow against the advice of the IMF.
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Owen Arthur, the prime minister of Barbados, has mounted a staunch defence of his government’s economic policies in the face of IMF concern and signs of waning political support at home.

In an interview, Mr Arthur says that unique circumstances demanded an “unorthodox” solution, taking into account external forces – such as trade liberalisation, mandated by the World Trade Organization (WTO), and regional economic integration – that are compelling the government to take a flexible and innovative approach.

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