Arnhim Eustace
Encyclopedia
Arnhim Ulric Eustace is a Vincentian
Saint Vincent and the Grenadines
Saint Vincent and the Grenadines is an island country in the Lesser Antilles chain, namely in the southern portion of the Windward Islands, which lie at the southern end of the eastern border of the Caribbean Sea where the latter meets the Atlantic Ocean....

 politician and economist
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, who was the third Prime Minister
Prime minister
A prime minister is the most senior minister of cabinet in the executive branch of government in a parliamentary system. In many systems, the prime minister selects and may dismiss other members of the cabinet, and allocates posts to members within the government. In most systems, the prime...

 of Saint Vincent and the Grenadines, and is the current leader of the New Democratic Party
New Democratic Party (Saint Vincent)
The New Democratic Party is a conservative political party in Saint Vincent and the Grenadines. The party is led by Arnhim Eustace, and is currently the official opposition in the House of Assembly.-History:...

 (NDP).

Eustace is currently the Member of Parliament
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...

 (MP) for the constituency
Electoral district
An electoral district is a distinct territorial subdivision for holding a separate election for one or more seats in a legislative body...

 of East Kingstown and the Leader of the Opposition
Opposition (parliamentary)
Parliamentary opposition is a form of political opposition to a designated government, particularly in a Westminster-based parliamentary system. Note that this article uses the term government as it is used in Parliamentary systems, i.e. meaning the administration or the cabinet rather than the state...

 in the House of Assembly of Saint Vincent and the Grenadines
House of Assembly of Saint Vincent and the Grenadines
The House of Assembly of Saint Vincent and the Grenadines is a unicameral legislature that serves as the legislative body for Saint Vincent and the Grenadines....

.

On 27 October 2000, Eustace succeeded James Fitz-Allen Mitchell
James Fitz-Allen Mitchell
Sir James Fitz-Allen Mitchell was the second Prime Minister of Saint Vincent and the Grenadines and the founder of the New Democratic Party . He also served as Premier of the then colony from 1972 to 1974.-Life and career:...

 as the leader of the NDP. Eustace's NDP was defeated in the 2001 general election in which the party was reduced to 3 seats, producing a majority government for the Unity Labour Party
Unity Labour Party
The Unity Labour Party is a democratic socialist political party in Saint Vincent and the Grenadines. Currently the governing party, it is led by Prime Minister Ralph Gonsalves.-History:...

.

In the 2005 general election, Eustace's NDP also won 3 seats. In the 2010 general election
Saint Vincent and the Grenadines general election, 2010
Parliamentary elections were held in Saint Vincent and the Grenadines on 13 December 2010. The date of these elections was announced at the Calliaqua Playing Field by Prime Minister Ralph Gonsalves on 14 November 2010. It was also announced that parliament would be dissolved on 15 November and...

, Eustace's NDP saw an increase in the popular vote to 48.67%, winning 7 seats in a close election. The number required to form a majority in the House of Assembly of Saint Vincent and the Grenadines
House of Assembly of Saint Vincent and the Grenadines
The House of Assembly of Saint Vincent and the Grenadines is a unicameral legislature that serves as the legislative body for Saint Vincent and the Grenadines....

 is 8, and the NDP did not form government.

Education and career

Eustace attended St Vincent Boys' Grammar School. He attended Sir George William University
Concordia University
Concordia University is a comprehensive Canadian public university located in Montreal, Quebec, one of the two universities in the city where English is the primary language of instruction...

 in Montreal
Montreal
Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

, Quebec
Quebec
Quebec or is a province in east-central Canada. It is the only Canadian province with a predominantly French-speaking population and the only one whose sole official language is French at the provincial level....

, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, where he earned a bachelor's degree in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

.
In 1977, Eustace joined the Caribbean Development Bank
Caribbean Development Bank
The Caribbean Development Bank is a financial institution which assists Caribbean nations in financing social and economic programs in its member countries...

in Barbados. He rose from Administrative Officer through the ranks of the institution, ultimately becoming Director of Projects before repatriating to St. Vincent in 1993.

In 1985 Eustace was for 18 months seconded by the CDB to the United Nations Development Programme (UNDP) which assigned him to the Government of St. Vincent and the Grenadines to review and implement changes to the public finance system and to manage government finances as Director General of Finance and Planning.

Upon his 1993 return to St. Vincent, Eustace was appointed Fiscal Adviser to the Government of St. Viincent and the Grenadines.

In 1998, he resigned from the public service and ran for political office, winning the East Kingstown parliamentary seat (which he has won for the past 4 consecutive elections by increasing margins of victory). Following the 1998 general election, he was appointed Minister of Finance, Planning and the Public Service. Later that year he was offered the post of Deputy Secretary General of the Commonwealth Secretariat, which he declined.

From 1993 to 1998 Eustace was chairman of WIBDECO as well as the Joint Venture Holding Companies in the UK. He headed the Windward Islands negotiating team for the acquisition of GEEST Bananas in a joint venture with Fyffes of Ireland. Eustace was chairman of the National Insurance Scheme (NIS).He was also the Government Director on the board of the East Caribbean Group of Companies.

In 2000, Eustace was elected leader of the New Democratic Party and upon the October 2000 retirement of Sir James Mitchell, became prime minister of St. Vincent and the Grenadines until the NDP's loss at the March 2001 General Elections.

Eustace remains president of The New Democratic Party and Leader of the Opposition. In the three general elections his party has contested since he took the helm, the NDP has risen from 3-12 to 7-8, within narrow reach of forming government.
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