Duncan Advises OECS To Embark On Alternative Development Path
- Published on Friday, 08 November 2013 05:58
- Written by Ken Richards
- Hits: 1833
St. Kitts and Nevis (WINN): The OECS sub-region has been urged to focus on an alternative development path. The advice was delivered by UWI professor emeritus, Neville Duncan, as he gave this year’s Sir Arthur Lewis Memorial Lecture at the Eastern Caribbean Central Bank. Dr Duncan made the appeal while pointing to a new economic revolution he insisted was already underway. “The OECS should not back away from such recognition of the implications of pursuing an alternative economic development path,” Dr Duncan said.
He wants the sub-region to look at a new economic paradigm “and assist those who engage in productive activities in the OECS to shift from dead end situations into dynamic opportunities provided by new global openings”. He cited the case of the Europeans trying to assist the region persevere with marketing its bananas.
“Bananas are good for personal and healthy use. But in terms of an international market that will feed and house and clothe the population, it’s a dead end locked in situation, we have to break out of these things,” the former UWI lecturer advised.
Arguing that government response to economic development was often inappropriate, Dr Duncan advocated the deepening of national commitment and the openness to implement new ideas. He also indicated that he expected the OECS sub-region to continue to play a meaningful leadership role in the region.
“And I have every expectation that the OECS will continue to lead the rest of the Caribbean in innovative activities that lead us into a fuller and better integration into this new industrial revolution, and that the rest of us might follow you quickly,” he concluded. Dr Duncan is well known for his commentaries on a wide range of Caribbean matters.
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