A shift in tone, policy and behaviour by all members of the community is required in order to secure Bermuda’s future economic stability.That is the view of think tank BermudaFirst, comprised of industry and Government leaders, who said that many of the issues and conclusions raised by former Premier Sir John Swan in his overview on the state of the Island’s economy released last week were entirely consistent with that of its own call that Bermuda must show the world it is ‘open for business’.BermudaFirst said in statement released yesterday that international business needed to be embraced as the key contributor to the Island’s economy and that a review and more importantly relevant changes should be carried out to policies relating to work permits, residency, landholding, tourism and foreign investment in light of the current facts and circumstances.“Notwithstanding the accomplishments of the past year regarding Bermuda’s international standing through the signing of multiple TIEAs (tax information exchange agreements), and legislative and regulatory reform; in order to secure Bermuda’s future economic stability, there must be a shift in tone, policy and behaviour by all members of this community,” said BermudaFirst in the statement.“Many ideas put forth by Sir John, we ourselves have placed focus. We are pleased that several are, in fact, currently under active review by Government including Bermuda’s land policy, residency and work permits, and the 60/40 policy. We believe these and others are worthy of review and future discussion, and certainly reiterate the sense of urgency in his call to action.“If all Bermudians are to return to the standard of living to which we had previously become so accustomed, we must make it easier, more welcoming and efficient to conduct business in Bermuda.”The think tank concluded that no one individual had all of the answers and so, in addition to tightening its collective belts, Bermuda’s people must also be willing to open their minds in understanding that the creation of new jobs in major infrastructure projects would require the country to warmly invite investors and their capital to the Island.“Every Bermudian must be a part of creating that experience, from the moment someone steps off of an airplane and moves through our immigration and customs clearance process until they depart from the Island,” it said.“BermudaFirst believes that open public debate and dialogue is critical. It should happen not only in the Boardroom, but at every dinner table as well if we are to effect the paradigm shift that is required to recalibrate our expectations, reshape our attitudes and most importantly our actions. We congratulate Sir John on his effort and encourage others to come forth and actively engage in the future of our country.”