by Rick Lowe
As mentioned here… Lynden Nairn is attempting to pull off an economic summit in an effort to find ways to diversify the Bahamas economy.
Here's a brief outline from Mr. Nairn:
We hope to come away with clear, actionable and measurable national goals with specific strategies for attaining the same. I suspect that we will examine opportunities in agriculture (hydroponics mainly); animal husbandry; fishing (fish farming, managing marine resources for optimum result, deep sea fishing); energy (energy efficiency, LNG, solar industry); and Family Island tourism to name a few areas to be covered.
Very importantly, I believe we will lay out very clearly what individuals might do to lessen the effects of the recession.
These are all good ideas if they are going to be pursued by the private sector. If this becomes a moaning session for Government to do something it will be a waste of time and energy.
As Lawrence Reed pointed out here… in 2001 when discussing whether or not the president runs the US economy:
Let's wish Mr. Nairn luck.