The purpose of this study was to consider the relevance of CARICOM's existence to the Virgin Islands (BVI). Its relevance becomes more significant to the BVI and the Caribbean, by extension, when the globalization ...The purpose of this study was to consider the relevance of CARICOM's existence to the Virgin Islands (BVI). Its relevance becomes more significant to the BVI and the Caribbean, by extension, when the globalization phenomenon is applied; a phenomenon that has been in existence for centuries. Overall, the study concluded that even though the BVI remains only an associate member of CARICOM and not of CSME, it still has an interest in the progress of the regional grouping and its trade initiatives. Over the years, CARICOM has been struggling with its identity as a unified grouping. Nonetheless, it was found that in an effort to combat the trade liberalization process, the grouping must find that inner connection to advance its agenda on the global stage. Accordingly, it has been suggested that CARICOM begin to focus on its strengths and opportunities in order for economic development across the region to occur. It has also been recommended that more serious considerations be taken towards the development of a comprehensive regional market for the trading of goods and services, that is, the Caribbean Single Market and Economy (CSME). To substantiate its findings, the paper used the qualitative research approach, combined with a situation (SWOT) analysis.展开更多
This paper examines Guyana's technical and vocational education and training(TVET)system in relation to diversifying the country's economy away from natural resource exports.The innovation systems approach is ...This paper examines Guyana's technical and vocational education and training(TVET)system in relation to diversifying the country's economy away from natural resource exports.The innovation systems approach is used to examine the effectiveness of TVET as a means of building capabilities in Guyana's key industries,gold and sugar,providing a snapshot of the state of the system in early,2016.Ten interviewees across several areas of expertise were consulted in Georgetown,Guyana.The analysis of primary and secondary research finds TVET's effectiveness to be limited by a lack of labor market information and funding,energy costs,a“brain drain”,and insufficient information communication technology skills and infrastructure.Recommended remedies include increasing the frequency of labor market surveys,attracting the Guyanese diaspora back to share knowledge,reducing the cost of energy by taking advantage of domestic renewable energy potential,and setting up a Sovereign Wealth Fund.展开更多
文摘The purpose of this study was to consider the relevance of CARICOM's existence to the Virgin Islands (BVI). Its relevance becomes more significant to the BVI and the Caribbean, by extension, when the globalization phenomenon is applied; a phenomenon that has been in existence for centuries. Overall, the study concluded that even though the BVI remains only an associate member of CARICOM and not of CSME, it still has an interest in the progress of the regional grouping and its trade initiatives. Over the years, CARICOM has been struggling with its identity as a unified grouping. Nonetheless, it was found that in an effort to combat the trade liberalization process, the grouping must find that inner connection to advance its agenda on the global stage. Accordingly, it has been suggested that CARICOM begin to focus on its strengths and opportunities in order for economic development across the region to occur. It has also been recommended that more serious considerations be taken towards the development of a comprehensive regional market for the trading of goods and services, that is, the Caribbean Single Market and Economy (CSME). To substantiate its findings, the paper used the qualitative research approach, combined with a situation (SWOT) analysis.
文摘This paper examines Guyana's technical and vocational education and training(TVET)system in relation to diversifying the country's economy away from natural resource exports.The innovation systems approach is used to examine the effectiveness of TVET as a means of building capabilities in Guyana's key industries,gold and sugar,providing a snapshot of the state of the system in early,2016.Ten interviewees across several areas of expertise were consulted in Georgetown,Guyana.The analysis of primary and secondary research finds TVET's effectiveness to be limited by a lack of labor market information and funding,energy costs,a“brain drain”,and insufficient information communication technology skills and infrastructure.Recommended remedies include increasing the frequency of labor market surveys,attracting the Guyanese diaspora back to share knowledge,reducing the cost of energy by taking advantage of domestic renewable energy potential,and setting up a Sovereign Wealth Fund.