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FORMER finance minister Winston Dookeran says Trinidad and Tobago's economy has found itself in a disequilibrium trap. He said this is something which government needs to address when it presents the 2025/2026 budget in Parliament later this month.

Dookeran made this and other observations in a paper published by UWI's Institute of International Relations, dated October 1.

"At the heart of growth theory lies the Harrod-Domar model, which underscores a fundamental relationship- the nexus between a nation’s savings rate and its capital-output ratio."