Those are among the conclusions of Policy and Resources president Senator Frank Walker in an article published today in the Jersey Finance Industry Review, a Jersey Evening Post publication distributed with today’s edition of the newspaper.
Although Senator Walker concedes that global market conditions must have a major impact on Jersey’s prosperity, the tone of the article is extremely optimistic.
The Senator writes that only three years ago he would have had to admit that the Island was facing significant threats from the OECD’s Harmful Tax Practices process and the European Union’s Code of Conduct on Business Taxation.
Now, however, he is confident that these and other challenges have been overcome and that the path is clear for a new phase of growth – which, the latest figures suggest, may already have begun.
