Dookeran: Economy in disequilibrium trap - Trinidad and Tobago Newsday

Dookeran: Economy in disequilibrium trap - Trinidad and Tobago Newsday

FORMER finance minister Winston Dookeran says Trinidad and Tobago's economy has found itself in a disequilibrium trap. He said this is something which government needs to address when it presents the 2025/2026 budget in Parliament later this month. Dookeran made this and other observations in a paper published by UWI's Institute of International Relations, dated October 1. "At the heart of growth theory lies the Harrod-Domar model, which undersc…