Publication

This note briefly reviews the crisis of political and economic governance which has affected the Turks and Caicos Islands since 2008, leading to the imposition of direct rule, the launching of anti-corruption investigations and, the exceptional introduction by the British Government of a rescue package in the form of a loan guarantee. Significant sections of the local population strongly resented direct rule. With trials now underway and a range of other measures enacted to improve governance, fresh elections were held in November 2012, bringing to an end the period of direct rule. The note concludes that only time will tell on what course the Turks and Caicos Islands are now.