Dealing with some ‘realities’ facing CARICOM

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May 21, 2013

BRIDGETOWN, Barbados - CITIZENS OF our Caribbean Community who keep hope alive, against the odds, for this region’s economic progress and social stability would undoubtedly find encouragement in a just-released World Bank Global Development Report.
According to this report, the World Bank projects the quite optimistic forecast of the Caribbean being among developing nations having “the largest bloc of savings and investment by 2030”. That’s 17 years from now to help influence the perennial doubting “Thomases” to share optimism for the future, considering that reports from the World Bank and agencies of the United Nations reference some depressing data on social and economic challenges the Caribbean continues to face.
Among these would be structural poverty and slow growth amid high levels of unemployment and endemic criminality involving a significant percentage of our youth population.

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