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Unemployment and Social Sector Issues in the Caribbean: A Generation after Lewis. Ralph Henry and Melissa Felician October 9, 2008. Labour and Unemployment. Lewis and the Caribbean Challenge – solutions at the mid 20 th century Lewis and the Letter to the Moyne Commission
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Unemployment and Social Sector Issues in the Caribbean: A Generation after Lewis Ralph Henry and Melissa Felician October 9, 2008
Labour and Unemployment • Lewis and the Caribbean Challenge – solutions at the mid 20th century • Lewis and the Letter to the Moyne Commission • Labour in the West Indies • Industrialisation of the British West Indies • Economic Development with Unlimited Supplies of Labour • Theory of Economic Growth • Economic Planning
Rejection of Lewis • Various Schools in Caribbean, but unanimity in rejecting Lewis • Rites of passage
Farrell …on Unemployment • Meso, Micro, Meso contexts of the various pieces • Disaggregation of causes leading to identification of measures
The Grenada Revolution • Unemployment in Grenada • Getting an economy going • Adult Literacy • Labour intensive production • Diversification strategy with resources at hand, non-traditional agriculture – George Sammy and Food Processing • Size and changing the terms of engagement with the international economy
The Turbulent Eighties • The Jamaican Experience • The Grenada Debacle • Trinidad and Tobago - Active Engagement in Structural Adjustment with a difference • Holding off the Washington Consensus
Major Lessons • Approach to Science and Technology – Technology Policy Studies Project • Education and Training – beyond rote learning……running the head • Trade, Development, and Productive Flexibility • Finance • Economic Planning Methodology and Golden Calf • Management Sciences • Socio-Psychological Engagement of Leadership and Population - the Intangibles
Passion for the South • World View • Possibility Consciousness • Responsibility to the People and the Place
Current Challenges • Unemployment and Underemployment • Poverty • Lack of sustainability
Current Challenges Cont’d • The veil in T&T • Golden Calf • Underground economy, Oil and Gas Economy, Other Tradeables • Government, and other Non-tradeable Sectors • Migration
Unemployment Rate Trinidad and Tobago 2005-Current Source: CSO
Current Challenges cont’d • Wider Caribbean • Tourism, Services, Agriculture, Remittances • Differentiating Caribbean products and services • Policy Making, Negotiation Skills, and Technocracy – Two Story Ignorance Abounds • Leadership
Unemployment and Social Sector Issues • Outward visible signs • Fundamentally about the Development Crisis in the Caribbean in a changing Global Economy • Intellectual Leadership in the Present Generation in defining it and providing solutions • Farrell and responsible scholarship