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Saturday, March 30, 2013
Export-led Growth: Who will lead? Part 2
4 comments:
Anonymous
said...
How short-sighted these so-called leaders in the Caribbean are! If export-led growth is an option, as it should never be the only option, why is the EU the only target market? Have our stupid thought leaders never heard of diversification?
Most of our thought leaders are quick to jump on the bandwagon, but show no appreciation for the fundamentals of export-led growth.
You must have a market. Fine. But before you get growth, you must have something of value to trade for the exchange to happen.
Hasn't the WTO killed preferential, protected and protectionist markets? Do our writers fully understand the implications of this, regarding creating value, value-added and then extracting or capturing value in exchange or in the subsequent exchanges?
Some blokes are paid good money to talk thoughtlessly and all over their faces.
Export-led growth is not what other countries do for you. It is what mechanisms you put in place throughout the entire economy to sustain a social culture of innovation and creativity: first in the education infrastructure, and in the political infrastructure, in the business infrastructure, and in the tax and fiscal incentives infrastructure, to continuously position the entire country to take advantage of unseen and formerly unexplored opportunities, in both the internal/local and in the external GLOBAL environments.
Export-led growth is not simply wishing for it. It must be systemically, systematically and continuously pursued.
It is must be part and parcel of the social infrastructure; it must be people-led.
No amount of idle talk and futile jawboning will EVER get us there.
If talkers like the goodly ambassador show absolute ignorance of what made the Asian Tigers and Japan masters in export-led growth, it is easy to see why he is shooting the bull with such earnest profundity in that article up there.
4 comments:
How short-sighted these so-called leaders in the Caribbean are! If export-led growth is an option, as it should never be the only option, why is the EU the only target market? Have our stupid thought leaders never heard of diversification?
Most of our thought leaders are quick to jump on the bandwagon, but show no appreciation for the fundamentals of export-led growth.
You must have a market. Fine. But before you get growth, you must have something of value to trade for the exchange to happen.
Hasn't the WTO killed preferential, protected and protectionist markets? Do our writers fully understand the implications of this, regarding creating value, value-added and then extracting or capturing value in exchange or in the subsequent exchanges?
Some blokes are paid good money to talk thoughtlessly and all over their faces.
Export-led growth is not what other countries do for you. It is what mechanisms you put in place throughout the entire economy to sustain a social culture of innovation and creativity: first in the education infrastructure, and in the political infrastructure, in the business infrastructure, and in the tax and fiscal incentives infrastructure, to continuously position the entire country to take advantage of unseen and formerly unexplored opportunities, in both the internal/local and in the external GLOBAL environments.
Export-led growth is not simply wishing for it. It must be systemically, systematically and continuously pursued.
It is must be part and parcel of the social infrastructure; it must be people-led.
No amount of idle talk and futile jawboning will EVER get us there.
The so called leaders are too easily satisfied,too selfengrossed while the people continue to suffer!
If talkers like the goodly ambassador show absolute ignorance of what made the Asian Tigers and Japan masters in export-led growth, it is easy to see why he is shooting the bull with such earnest profundity in that article up there.
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