Private or Public Sector Development – Who Does It Best in the Caribbean?

David Jessop at the Jamaica Gleaner has some interesting views on private vs. public sector development and how we got where we are now…

In the Anglophone Caribbean most political parties, trade unions and the public sector grew up against this background, taking as its model the beliefs prevalent at that time in the United Kingdom.”

“The result, when mixed with complex and strongly held views relating to class, ethnicity and a belief that independence meant an end to foreign ownership, was the emergence of the view that the economic role of the state and public sector is superior to the role played by the private sector…”

Spot on regarding class and ethnicity impacting economies, Mr. Jessop.

Race shouldn’t matter at all – but it does, and not in the way some people might imagine. More on racial issues soon in Barbados Free Press. We have been amazed at some of the letters we have received from our readers.

Read the rest of Mr. Jessop’s article in the Jamaican Gleaner.

Comments Off on Private or Public Sector Development – Who Does It Best in the Caribbean?

Filed under Barbados, Business, Culture & Race Issues, Island Life

Comments are closed.