Monday, September 5, 2011

Youths On The Economic Scrap Heap

Vernon Harris

A cold economic freeze has taken control of the economies of the Caribbean countries as the recession has tightened its hold on the economies of Western Europe, the USA and North America. Several European Nations are struggling for economic and social survival as their economies flounder on the brink of disaster. The Caribbean economies are small with a narrow or non-existent manufacturing base. Most, like St. Kitts and Nevis are overly dependent on a fickle industry called tourism. The tourism industry has been declining in this Federation since 2004. The negative impact was felt from 2008 to the present. Unemployment in that sector has increased and there is no visible end in sight.

The Nation must prepare itself for several years of NEGATIVE growth with the accompanying increase in crime and criminal activities which are the result of poor economic and financial planning. The Government has no fiscal space and no viable economic ideas are being fostered for debate and analysis. The active participation of the private sector in all aspects of economic and financial policy making is vital if this Nation is to survive the impending economic disaster. Gangs have not materialized out of thin air. They are social groupings which are the results of depravation, poor education, hunger and the knowledge that this Nation has nothing to offer the young people.

1 comment:

  1. crime and gangs in good times aswell and among the rich. many poor here and there and they still don't do crime. for crime the problem isn't from without and circumstances but from within and a heart. it's the gov's fault, didn't give us a future? so lets force the gov to fix it...and we end up with even more stifling and a worse situation then before. hope in the world and gov and science and tech will disappoint


Everyone is encouraged to participate with civilized comments.