cleviston haynes : the right mix of solutions to our challenges is within our reach welcome address by mr cleviston haynes, governor of the central bank of barbados, at the 33rd adlith brown memorial lecture, bridgetown, 8 november 2018. * * * it is my honour and pleasure on behalf of the management and staff of the central bank of barbados to welcome all of you this evening to this 33rd adlith brown memorial lecture, which is being held during the 50th anniversary of the annual monetary studies conference. dr. adlith brown, in whose name this series of lectures is dedicated, began her academic journey in 1968, the same year the regional programme of monetary studies was established. dr. browne would eventually become the fourth coordinator of this programme from 1980 – 1984. i did not know her personally, but there is an image in my memory of a slender, active lady at my first conference back in 1981. many complimentary remarks about her contribution to the profession and to this conference have been made by those who truly knew her. as this year marks the golden anniversary of the annual monetary studies conference, i am sure that all of you will agree that she would have been justly proud of this momentous achievement. tonight ’ s lecture will be delivered by the noted caribbean economist dr. arnold mcintyre. dr. mcintyre has built - up over three decades of regional experience in macroeconomic policy and economic research in small open economies, international trade policy and development and regional integration, as well as working with the regional institutions, namely the caribbean development bank, the organisation of the eastern caribbean states secretariat, the caribbean export development agency, the caribbean regional negotiating machinery ( now the office of trade negotiations, caricom secretariat ) and the caribbean regional technical assistance centre ( cartac ). his current post is deputy division chief, caribbean division 1, western hemisphere department, international monetary fund. his training, exposure and academic acuity renders him more than adequately qualified to speak authoritatively on caribbean economies. although, knowing arnold as i do, he may have been tempted to speak on our shared passion – west indies cricket. in several of our conversations about economic developments, he often says, “ ok. let ’ s now discuss what is truly important. ” tonight, however, it is caribbean economies that take centre stage. the focus of tonight ’ s lecture will be on the critical issues and challenges of strengthening economic growth and resilience in the caribbean. this topic is relevant and

movements in overseas markets will be required. these are some of the challenges and opportunities i see facing the services sector and especially the financial corporate sector as it attempts to grow. this first decade of the 21st century promises therefore to be an exciting one for the caribbean provided if we are willing to grasp the many opportunities presented and provided we are not side tracked from our goal of keeping up with the front runners. we cannot afford to fall behind. i trust that over the rest of this conference our deliberations will help to confirm our resolve. thank you.