Submitted by Looking Glass
We are about the only country in the world where Tertiary Education is free and the cost to the taxpayer is truly excessive not only in terms of finance but in terms of what is taught and how it is taught. This is especially true of the kind of economics we teach and has implications for successful social and economic development.
Countries are not identical. They differ in terms of size, natural resources, social resources, population etc. China population exceeds one million the USA about 275000. Economics is a social science not a physical science. All we have is land, sea, sun and no natural resources. To be truly effective for Barbados it requires knowledge and understanding of the local economy.
Econ growth and development require technological and other growth to increase productivity. It requires structural factors social, economic and political to increase output and efficiency of available resources and investment. The agricultural sector is vital. Much of economic development in Latin America is tied to the land and growth of products for consumption and export. Much of the population is involved in agriculture. They grow every thing from coffee and cocoa, work on the land and have enacted vigorous development policies. In Barbados we are still inclined to avoid working the land and linking it to Slavery.
Our High School and Tertiary Education economic system offer few outlets for training, employment and economic investment. The High Schools curricula remain substantially unchanged. Students leave Cave Hill knowing nothing the history or the economy. The poor training and professional environment limits full talent utilization and or investment. Correction requires an integrated educational system with appropriate curriculum to develop the attitudes and facilitate understanding.
Continuous economic development requires ongoing social, economic, political and technological progress. Things change as the population increases.
Economic development requires structural factors at the social, economic and political to increase output and efficiency of available resources and investment. The existence of many souls with low employment is not conducive to social or economic development. Much of the economic development in Latin America is tied to the land and the growth of products for consumption and export. Much of the population is involved in agriculture. . They grow every thing from coffee and cocoa and have enacted vigorous development policies. Much the same is true in Africa. In Barbados we are still inclined to avoid working the land and linking it to Slavery
Our education system offers few outlets for effective training and employment. High Schools curricula remain substantially unchanged. Economic growth requires technological growth and growth in other areas to increase productivity Continuous economic development requires ongoing social, economic, political and technological progress. Economic students leave Cave Hill knowing nothing about our history or the economy. The poor professional environment limits full talent utilization. It requires an integrated education system with appropriate curriculum to develop the attitudes and skills needed. Management opportunities result in underutilization of talent and are not conducive to econ development. Cave Hill needs to introduce students to the nature of the economy, introduce agricultural courses and become much more involved in Research which so far appears to be a bad word there.
Leave a Reply to millertheanunnakiCancel reply