Baby Tamaraws close in on UAAP title

first_imgFar Eastern University-Diliman overcame a slow start escape defending champion National University, 66-65, and move closer to winning the championship Tuesday in the UAAP Season 79 juniors basketball tournament.The Baby Tamaraws heaved a sigh of relief as NU’s John Lloyd Clemente misfired on his game-tying at the buzzer after FEU slotman Kenji Roman bungled two free throws that could iced the game.ADVERTISEMENT MOST READ Roman finished with 12 points and eight rebounds while Xyrus Torres added 10 points and five boards for FEU.LJ Gonzales scored only seven points had 10 rebounds and 10 assists for the Baby Tamaraws.Clemente came through with 25 points, six rebounds and four assists to lead the Bullpups.Winderlich Coyuca added 11 points, three boards and two assists, while Amsali contributed 10 points, seven rebounds, two blocks, two steals and two assists for NU.The ScoresFEU 66 – Roman 12, Torres 10, Sapinit 9, Celzo 8, Abarrientos 8, Gonzales 7, Gabane 5, Jabel 2, Baclay 2, Bieren 2, Gloria 1, Mariano 0.NU 65 – Clemente 25, Coyoca 11, Amsali 10, Peñano 9, Sarip 5, Manalang 3, Malonzo 2, Atienza 0, Calleja 0, Fortea 0, Peralta 0, Tolentino 0.ADVERTISEMENT Quarters: 24-20, 43-34, 57-52, 66-65Sports Related Videospowered by AdSparcRead Next Prince Harry: ‘No other option’ but to cut royal ties Municipal councilor nabbed for indiscriminate firing in Leyte View comments Poe chides LTFRB exec over termination of motorcycle taxi pilot study Motorcycle taxis ‘illegal’ starting next week — LTFRB board member Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite FEU held on to the win after it squandered a 65-56 lead midway in the payoff period as the Bullpups rallied behind Clemente and Rhayyan Amsali.“We’re new to this championship atmosphere so we needed a little getting used to. I think they were overwhelmed at first. It was a good thing we were able to recover right away,” said FEU-Diliman coach Albano.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnThe finals first timers found themselves trailing 2-9, before settling down towards the end of the opening period and taking the momentum.Game 2 is scheduled on Friday also at San Juan Arena with the Baby Tamaraws eyeing to reclaim the crown they last held in 2012. Ginebra makes PH Cup Finals, beats Star in Game 7 Palace: Crisis over ABS-CBN franchise unlikely 98% of residents in Taal Volcano’s 14-kilometer danger zone evacuated – DILG 15 Taal towns now under total lockdown LATEST STORIES Motorcycle taxis ‘illegal’ starting next week — LTFRB board member Don’t miss out on the latest news and information. Marcos monument beside Aquino’s stirs Tarlac townlast_img read more

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Ronaldo landmark as Madrid wins, ends Bayern record run

first_imgDozens wounded as Iraqi protesters up pressure on government Griezmann scores from spot as Atletico beats Leicester On the edge of America, census begins in a tiny Alaska town Panelo: Duterte only wants to emulate strong political will of Marcos View comments Bayern forced several corners early on and the sixth finally paid off when Vidal headed home through Keylor Navas’ fingers.Madrid displayed none of the initiative shown by Bayern in the first half. While Arjen Robben, Franck Ribery, David Alaba and Thiago Alcantara were running and forcing the game, the visitors appeared static, waiting for chances to present themselves. They weren’t forthcoming.Bayern should have been 2-0 up at the break, but Vidal sent his penalty well over the bar after Dani Carvajal was adjudged to have handled the ball. The Madrid defender was booked though TV replays showed Ribery’s shot had hit his upper body.“It happens in football. It’s not the first time and it won’t be the last,” Ancelotti said of the missed penalty, calling it one of the “small details” which decided the game.Ronaldo scored two minutes after the break with one touch to Carvajal’s cross.ADVERTISEMENT Don’t miss out on the latest news and information. Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Canadian military mobilized to help Newfoundland dig out Sports Related Videospowered by AdSparcRead Next Palace: Crisis over ABC-CBN franchise unlikelycenter_img It ensured Madrid extended its Spanish record of scoring in 53 consecutive games.Zidane had evidently made good use of the interval as Madrid appeared a different side in the second half. Bayern was dealt a blow with a half-hour to play when Javi Martinez was sent off with two yellow cards within three minutes for fouls on Ronaldo.“The sending off was the turning point,” Bayern captain Philipp Lahm said.But Madrid had already forced the home side back. Navas had little to do and Manuel Neuer was by far the busier ‘keeper.“Their goalkeeper saved lots of chances. A lot,” Zidane said of Germany’s top ‘keeper.Marco Asensio’s introduction for Gareth Bale also invigorated the visitors.Neuer denied Karim Benzema, then Ronaldo from point blank, but he couldn’t stop the ball from squirming between his legs from Ronaldo’s shot after Asensio crossed in the 77th to give Madrid the clear advantage.It could have been worse for Bayern — Sergio Ramos had a goal ruled out late for offside. Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Marcos monument beside Aquino’s stirs Tarlac town Panelo: Duterte only wants to emulate strong political will of Marcos SpaceX launches, destroys rocket in astronaut escape test MOST READ LATEST STORIES Real Madrid’s Cristiano Ronaldo, front, celebrates after scoring his side’s 2nd goal during the Champions League quarterfinal first leg soccer match between FC Bayern Munich and Real Madrid, in Munich, Germany. APMUNICH — Cristiano Ronaldo scored twice for Real Madrid to beat Bayern Munich, 2-1, in the first leg of their Champions League quarterfinal on Wednesday (Thursday Manila time), ending the German side’s tournament record of 16 straight wins at home.Ronaldo’s second-half goals saw him become the first player to score 100 goals in European club competition. The Portuguese star ensured Madrid came from behind — after Arturo Vidal’s 25th-minute header for Bayern — to put the defending champions on course to reach the semifinals for a seventh successive year. The second leg takes place in Madrid on Tuesday.ADVERTISEMENT “We are still alive,” said Bayern coach Carlo Ancelotti after losing to his former side.Bayern was without club top-scorer Robert Lewandowski after he failed to recover from a knock to his right shoulder. But it had not been beaten at home in the competition since April 2014, when it lost 4-0 to Ancelotti’s Madrid in the semifinals. Madrid went on to win the title.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSBreak new groundSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnAncelotti’s successor at Madrid, Zinedine Zidane, is bidding to become the first coach to lead a side to back-to-back titles in the Champions League era.“We suffered here but all-in-all it’s not easy to play here. They have a great team and great players,” Zidane said. “We needed patience to decide the match. I think it’s a good result for us. The key was patience.”last_img read more

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Arellano stays alive for q’finals spot, grounds Mapua

first_imgEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend More Taal volcanic quakes recorded despite weaker eruptions After starting 0-4, Jerry Codiñera’s group has went on to win three straight and the Arellano head coach said they’ve been adjusting to the exit of former superstar Jio Jalalon who now plays in the PBA.“We’re the second-best team last year here in Filoil, and we’re still feeling the loss of Jio,” said Codiñera. “The team had an imbalance and we’re just hoping that the ones left behind can carry the team.”FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnSPORTSBreak new groundArellano shot poorly from the floor, 25-of-81, for a dismal 31 percent but the Chiefs had it covered grabbing 21 offensive rebounds.Kent Salado had 17 points and six rebounds to lead Arellano while Lervin Flores had a 10-point, 20-rebound double-double. China reports 17 new cases in viral pneumonia outbreak For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Read Next WATCH: Kobe Bryant trolls Jalen Rose in ESPN commercial Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite LATEST STORIES Don’t miss out on the latest news and information. Gerald: Just because I’ve been bashed doesn’t mean I’d stop working For Ina, portraying a zombie is like an ‘out-of-body experience’ Swing Out Sister back to PH this April Cedric Pelayo led Mapua with 13 points and nine rebounds. MOST READ Sports Related Videospowered by AdSparc Arellano University kept its playoff hopes alive in the Filoil Flying V Preseason Premier Cup after dealing Mapua its seventh straight loss, 68-58, Wednesday in the group stages at the tournament’s namesake arena in San Juan.The Chiefs improved to 3-4 in Group B putting them at sixth place while the Cardinals are yet to win a match with a miserable 0-7 record.ADVERTISEMENT Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Missile-capable frigate BRP Jose Rizal inches closer to entering PH Navy’s fleet Trump’s impeachment defense, prosecutors dig in View commentslast_img read more

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Jamwest crash decision imminent – Gibbs

first_imgJamaica Race Drivers’ Club (JRDC) president Monique Gibbs has said that investigations into the crash between Doug Gore and David Summerbell Jr at the Jamwest Motor Speedway in Westmoreland last Sunday are ongoing and a decision will be made soon.The crash had taken place in the final event of the day, in the Caribbean Motor Racing Championship moments after the race’s rolling start.Gibbs said that the investigation is being conducted by officials independent of the JRDC.”The decision is actually being made by the stewards,” she said. “They are concurrently doing their checks and they will keep us abreast as to the outcome. They are from the Jamaica Millennium Motoring Club.”Gibbs had previously said that there are certain possible causes for the crash being explored, in order for a ruling and sanctions to be passed down. However she would not be drawn on whether starting the race at a lower point on the track would have prevented the crash, as was previously suggested by Summerbell Jr.”It is a craft of things. If the start wasn’t done properly; if the race should have been restarted or regridded; if someone picks the start, they are pushed back in terms of position, but because the race had not yet started, we have to do the requisite checks before we can apply any penalties,” she said.”We expect the decision to be made within a few days.”The incident saw Gore being hospitalised but he was released a day later and said that it was the worst crash he had experienced in over 20 years in the sport.Gore, the defending CMRC champion, also went on to say that his season is essentially over, as his Audi TT DTM race car had been written off.last_img read more

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Afghanistan seal Test status

first_imgLONDON (CMC):Just two weeks after shocking West Indies for their first win over a major Test-playing side, minnows Afghanistan have been granted Test status by the International Cricket Council (ICC).They, along with Ireland, were adopted as full members following a unanimous vote at the ICC Full Council meeting at the Oval yesterday.”For a nation like Afghanistan, it is a huge and remarkable achievement. The entire nation will be celebrating across all five regions and different provinces. It is the perfect Eid (Muslim festival) gift,” Afghanistan Cricket Board chief executive Shafiq Stanikzai said.”Everyone has waited for this news and has been so keen to hear this news. Afghanistan Cricket has gone from strength to strength and we dared to dream that this would happen, and today, it has become a reality.”Afghanistan, coached by discarded West Indies head coach Phil Simmons, has made waves over the last year with victory in the Intercontinental Cup over Ireland in March, and one-day wins over the Irish, Zimbabwe and Scotland.They snatched the headlines earlier this month when they stunned two-time former World Cup champions West Indies by 63 runs in the first One-Day International of the three-match series at the Darren Sammy Cricket Ground in St Lucia.They then forced the Windies to labour in pursuit of 136 for victory in the second match, before the hosts got home by four wickets in the 40th over.Afghanistan and Ireland will become the 11th and 12th Test playing nations, joining Australia, India, England, South Africa, Sri Lanka, Bangladesh, Pakistan, New Zealand, Zimbabwe and West Indies.last_img read more

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Riley wins BCA presidency in landslide

first_imgBRIDGETOWN, Barbados (CMC): Cricket West Indies director Conde Riley won a landslide victory here, Thursday night to become the new Barbados Cricket Association president. The veteran administrator garnered 284 votes to easily beat out challenges from former Director of Sports Erskine King, who collected 85 votes, and former BCA acting president Deighton Smith, who picked up 80 votes. Riley, an outspoken retired banker who has served in various capacities both at the BCA and Cricket West Indies, replaces legendary former West Indies fast bowler Joel Garner, who is now the senior Windies team manager. “I am very surprised at the number of people who voted for me. I have served on the board of the BCA with my two opponents, and I know their ability,” Riley was quoted as saying afterwards. He said that one of his first priorities would be seeking an end to a dispute that has marred the Everton Weekes Under-13 Championship. Lawyer Calvin Hope was also elected as vice president after picking up 170 votes to defeat former England Test batsman Roland Butcher (118), Maurice Gaskin (107), and Kamal Springer (37). Another lawyer, Gregory Nicholls, has returned as board secretary after winning the race with 172 votes, with Anthea Ishmael (142) and Winston Stafford (112) failing to gain sufficient favour with the BCA membership.last_img read more

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Follow the Trace | The Butler did it!

first_img Butler’s faith, vision and perseverance amidst the condemnation and criticisms of many detractors, and a myriad of adversities, has been rewarded with that breakthrough deal for his premier player, Leon Bailey. With the experience garnered, and contacts made along that storied journey, Craig Butler’s experience and expertise must be of some value to Jamaica’s football going forward. Amid all the ego-driven and testosterone-fuelled quagmire, the Bayer Leverkusen forward Bailey is yet to make his debut for Jamaica and that is a pity. What would be an even bigger pity is if this current situation continues to be mismanaged and Jamaica ends up losing out on the services of Leon Bailey. In the wider scheme of things, an invitation to the national team to Kyle Butler is a small price to pay for securing the international future of Leon Bailey. Kyle Butler, the biological son of Craig is a young creative midfielder playing professionally in the little known premier league in Malta. In a context where even schoolboys have gotten call ups to the national squad, even without the Leon Bailey attachment, there is no good reason why Kyle Butler could or should not get even an invite. National coach Theodore Whitmore himself has admitted the need to find creative players to complement the core he is currently moulding. It would be a travesty of justice if young Kyle was refused an opportunity to make an impression for his country because of the utterances and actions of his father. Whitmore should simply invite the younger Butler and have a look at him, if he is not good enough, he says ‘thank you very much’ and we move on. Let us try to do what’s best for Jamaica by focusing more on the message and try as best we can to ignore the messenger. Craig Butler is who he is: a creature of circumstances and a man who did what he did and did it his way. Let us not waste another precious opportunity because of personal feelings and pettiness. The focus must be on sorting out this mess and get Leon ‘Chippy’ Bailey donning the colours of the Reggae Boyz sooner rather than later. So what if THE BUTLER DID IT? Sparks continue to fly from yet another high- profile round of controversy ignited by enigmatic football personality Craig Butler, who’s reported suggestion or request for his son Kyle to be invited to the national senior team, along with prize player Leon Bailey, is causing the stir. Butler has insisted it was not a demand but merely questions and suggestions. Nevertheless, resentment to the Phoenix Academy boss has intensified as the accusations continue to spiral about these and other alleged demands made of the Jamaica Football Federation (JFF) and the national coach. If Craig Butler asked some questions and made some suggestions regarding player selection and team philosophy, what is so wrong with that? He can suggest and recommend all he wants, the final say remains with the JFF and the national coach. What’s the fuss about? Butler is, after all, the agent and guardian for both of these young Jamaican players and has evidently attempted this strategy before, but just like we suspect, that KRC Genk did in Belgium, and we assume Bayer Leverkusen did in Germany, the Butler ‘combo’ was rejected. Similarly, Jamaica should or should not reject Butler’s request depending on what the technical staff thinks of the quality of Kyle Butler. For things to have escalated into an insult-trading war of words, points to a total mismanagement of a very manageable situation. Craig Butler has his many and major flaws like all of us, but let us, for the sake of football-resist the temptation to throw out the proverbial baby with the bath water. Butler’s methods might be unconventional and unorthodox; he is certainly not the most politically correct in his utterances, but his belief in, and conviction to, the development of young Jamaican players is unquestionable, and this is quite refreshing in a climate where the Jamaican football leadership had long been heading in the completely opposite direction of running to England to beg and beseech second-rate players with questionable commitment to come and represent Jamaica. Faith and visionlast_img read more

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JCA matriculates young coaches to elite level

first_img – Jimmy Adams – Junior Bennett – David Bernard Jr – Andre Coley – Terrence Corke – Robert Haynes – Andrew Richardson – Robert Samuels – Phillip Service – Cleon Smith – Robert Turner – Courtney Walsh – Gibbs Williams JCA’s elite level coaches: Succession planning is the name of the game at the Jamaica Cricket Association (JCA). Since 2016, the JCA has seen an increase in the number of coaches with Level 3 qualification or better move from three to thirteen, with ten coaches matriculating to the elite level in two years . Of note is that the average age of elite coaches is now 51 years and two months, down from 53 years and nine months. The face of local elite-level coaching is looking younger; there are seven elite-level coaches who are aged 50 or under, among them David Bernard Jr and Andrew Richardson – both 37 years old. “I never gave much thought to the average age of the elite-level coaches. I’m just happy to continue working among such an impressive group of gentlemen who are extremely passionate about cricket and 100 per cent committed to seeing that every player who represents the Jamaica Scorpions at every age level has excellent techniques, as well as the necessary mental toughness to be successful and dominant,” said Richardson. Bernard Jnr said: “As the youngest of the elite coaches, we look forward to continuing our journey of learning. There are some things which only years of experience can teach, and every day spent among our coaching peers delivers new lessons. It’s a good look for the coaching of cricket in the island; it suggests that we will be able to continue the development of talent seamlessly as we grow, and others ahead of us [will] move on to pursue other life goals when they are so inclined to do.” Meanwhile, national senior coach Junior Bennett says he’s always happy to see more youth within the coaching ranks. Bennett, who has been a cricket coach since 1980, noted that his journey of coaching certification started some 23 years ago and has not ceased. “It’s all about continuous learning, and that happens when you love the sport and have the willingness to always improve. Our coaches have that in abundance. It’s great that we have 13 elite-level coaches. We are spread across the national landscape – in age-level and senior teams, as well as in franchises. We will not sit on our certificates; they will be put to proper use and deliver results,” said an enthused Bennett. The JCA also has plans to get the over 30 existing Level 2 coaches trained and certified at Level 3. CEO Courtney Francis said, “The JCA’s focus on youth development is not limited to players but includes personnel off the field, to include scorers and coaches, among other functions. We’re looking to at least double the number of elite-level coaches in the system over the next year; we will have a great blend of youth and experience. “We’re going to put them to work as well, in the club system across all competitions, in our schools and communities. As the governing body for the sport in the island, we are ensuring that when children are exposed to cricket, they are taught the right things from the start while making it fun.”last_img read more

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Death and taxes…

first_img…conflate in GuyanaThe saying goes… “death and taxes are two of the certainties of this life.” Well, in Guyana, seems the PNC-led Coalition Government wants to change this to “death THROUGH taxes is now a certainty here”. Listening to their Finance Minister deliver his third budget speech in 18 months, even his colleagues on the government benches were thrown into deep shock.All they heard was a litany of gloom and doom. Back in the days of the first PNC regime, the populace used to glue their ears to the radio to hear what new taxes or “bannings” would be introduced to make their life even more miserable. It’s clear this government takes its vow to cleave to the ideas of their Founder Leader Burnham very seriously. During the PPP’s 23 years, they managed to introduce a new mantra – no new taxes!!But all of that’s gone and the old (not so happy days) are here again: taxes and more taxes will fall on the middle class and even the “used tyres” they can afford is banned. And we can start right there to deconstruct this budget to show that this government in general and this Minister in particular don’t know their a55 from their elbow when it comes to handling the economics of running a country.Even though the PPP was able to pull up our per capita GDP so we now qualify as a “medium income level” country – and not the Highly Indebted Poor Country tag we inherited from the PNC – we’re still a pretty poor country – still barely above Haiti in the rankings. Even Suriname next door has twice our per capital GDP. So why ban used tyres? These are affordable to our “middle class” who can also only afford used cars that are brought from Japan.Wouldn’t it be better to impose a minimum tire thread depth? Frankly, the “new tyres” that’ll be brought from China will be worse than most of the used ones imported from, for instance, the USA! Why? Well, one dealer told your Eyewitness when he goes to China to purchase tyres, the first question is “How much you want to pay?” Meaning you’ll get “new garbage tyres” if that’s all the dealer’s willing to pay. And in the Guyanese market, that’s all he can sell so that’s all he’ll buy.And we don’t have to elaborate on the elaborate hoax pulled by this government on their promise to “lower VAT”. By lowering it down by 2%, but now applying the 14% VAT on electricity and water, they’ve put in a thump and pulled out a plum – for themselves.The poor will now be further strangulated by taxes!…with no benefitsThe Minister didn’t mince any words on the sugar industry and its 17,000 workers supporting 70,000 persons directly and 150,000 persons overall. Subsidising the industry while it is reorganised to stand on its own two feet (management and workers) is now dubbed as “money wasted”!! Forget about its $52M CoI that recommended subsidising GuySuCo for three years while a buyer is sought.And rice? They’re on their own. No reduction of taxes on the inputs that farmers use to produce paddy. So what if rice farmers support almost 100,000 Guyanese? Death through taxes is certain, no? What about the working poor in the Public Service? “Later” for them too! Not even the Christmas Bonus the PPP used to give out.So, exactly what is this budget doing for the ordinary people? Zilch! Nada! Nyet! But maybe there’s a method to the madness. Probably expecting more persons to use their US visas, the Government’s increased the departure tax! They’ll make a bundle.Just so they can pay for their perks and 50% salary increases!…and sin taxesPity the youth men who may want to drown their sorrows in the imported beer they prefer. It’s an equal opportunity “sufferation” budget.So taxes been raised to the sky!last_img read more

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GDP is no longer an accurate measure of economic progress

first_imgIn this author’s previous two columns, readers would recall that a thorough dissection and analysis of Guyana’s GDP outturn for 2018 was conducted. Those articles looked at the GDP growth rate achieved for 2018 and established that this was not reflective of any real substantive growth of the economy. Rather, it was — more or less — reflective of growth in terms of massive increases in Government expenditure, and not real expansive growth of the economy.Consistent with this contention put forward by this analyst, a World Economic Forum article echoed the same concerns, which shall be summarised in today’s article as a consideration for policymakers in Guyana, going forward.According to the article, the forum contended that “it is critically important we monitor societal progress and design responsive policies to 21st century challenges, such as climate change, the marginalisation of more than a billion people, resource depletion, and emerging pollution-driven health crises.”Accordingly, this necessitates the need for reliable metrics, to know how we are performing on the yardsticks of our economy, sustainability, and social harmony. Unfortunately, the radar used to track progress is far from satisfactory, to such an extent that countries still use a 20th century metric to measure wellbeing other than Gross Domestic Product, or GDP.It is understandable — that growing international interest in a tool that still captures financial and produced capital, but also the skills in our workforce (human capital), the cohesion in our society (social capital), and the value of our environment (natural capital), given that GDP functions as a good measurement of output, income, and expenditure. These are needed to understand and devise fiscal and monetary policies, but this measure flatly fails when it comes to wellbeing.Its founder, Simon Kuznets, cautioned half a century ago that it is useful mainly in tracking income. More recently, other economists have suggested that knowing change in per capita wealth of all types is key to monitoring sustainability.Work has advanced on some of these elements. The UN Environment Programme-led Inclusive Wealth Index shows the aggregation through accounting and shadow pricing of produced capital, natural capital, and human capital for 140 countries. The global growth rate of wealth tracked by this index is much lower than growth in GDP. In fact, the 2018 data suggests that natural capital declined for 140 countries for the period of 1992 to 2014 (World Economic Forum).Interestingly, many countries record GDP growth while they lose natural capital. One can see the trade-off among various types of capital, but the report clearly conveys that mixing income with wealth is bad economics, and is dangerous for sustainability measurement.The findings of the Index include strong recommendations to help reach global sustainability targets, including the UN Sustainable Development Goals. Closely tracking countries’ productive bases is key, as a declining asset base implies a non-sustainable trajectory. Many of the assets critical for maintaining productive bases are either not priced, or are priced at much lower levels than they should be. This is especially true for natural capital and human capital assets. Natural capital assets, such as forests and water bodies, have only been valued for the products they provide for the market, such as timber and fish. However, these ecosystems offer a much larger suite of services, such as water purification, water regulation, and habitat provisioning for species, among many other things. (World Economic Forum).Introduction of the Inclusive Wealth Index helps policy-makers prepare to negotiate for reductions in greenhouse gases, as well as for compensations accruing from climate change. Further, past reports have shown conclusively how countries can become unsustainable in absolute terms when population growth is factored into the computation. Understanding the impact population growth has on productive bases is a critical variable that leaders should factor into policy-making. Hence analytic progress has been made, but there is still need to bring all five elements of prosperity — financial, produced, natural, human and social capital — into one framework (World Economic Forum).last_img read more

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