Barbados Private Sector Lacks leadership and Vision
One Caribbean Nation. by William Skinner Our private sector has never been the engine of growth. It has never indicated any earnest desire to accept such a role. Since independence, it would be very difficult, to identify, a period where our private sector, both traditional and current, drove the growth engine. Ever since the decline of the plantocracy, successive governments, have been the true engineers of economic development. A glaring example of the private sector’s deviancy was the housing sector boom of the post-independence period, when the traditional private sector refused, to engage in any broad-based effort, in public housing for lower income groups. Agriculture, tourism, manufacturing and to some degree construction, were systematically underperforming because the sector, was mainly concerned with maintaining low wages and engaging in protracted battles with the powerful Barbados Workers Union (BWU). It can be safely argued that the sector was also very relu...