Sunday, May 9, 2010

Economist Provides Solution For Raising Investor Confidence

Thinking Outside the Box.

Weeks after coming under fire for only highlighting problems without providing any solutions, Fiji’s leading economist, Dr. Biman Prasad has released a solution to counter Fiji’s declining economy while speaking at the launch of the Economic and Social Survey of Asia and the Pacific 2010 report.

According to Dr. Biman Prasad, the leading cause of problem is a lack of investor confidence into Fiji’s economy.

“After weeks of careful analysis I have concluded that the Fiji government should recruit teen idols and pop singers Justin Bieber and Ashley Tisdale to endorse the Fiji economy. Basically these idols will vouch for the coolness of the Fiji’s economy. My research has indicated that everyone nowadays rushes for anything that these two young kids endorse. “

“This is what we call thinking outside the box,” Dr. Prasad proudly stated.

However according to Dr. Marie Stephens, an economist based with the Asian Development Bank, Dr. Biman Prasad’s solution would be a double edged sword.

“Once Justin Bieber endorses Fiji’s economy, there would be a surge in the number of investors rushing to Fiji. It’s correct that investment in Fiji would increase dramatically but at the same time, the other countries in the region would suffer. We sincerely hope that the Government of Fiji is wise enough to think about the rest of the region and turn away some of the investors,” Dr. Marie Stephens stated

Meanwhile, the Australian Foreign Ministry released a statement that recruiting Justin Bieber to endorse Fiji’s economy would set a bad precedent.

The statement further read, “Any endorsement by Mr. Justin Beiber of Fiji’s economy would set a bad precedent for the other Pacific Island countries who would possibly use Mr. Bieber to endorse their own unscrupulous agenda and we urge the Fiji government to not pursue Dr. Biman Prasad’s solution.”

In other news, the new Permanent Secretary for the Ministry of Information, Sharon Smith has announced that the giant funnel used by B.P to control the oil leak in the Gulf of Mexico would be acquired by her Ministry to control all information leaks.

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