Arthur to examine the EPA and the region
Former Prime Minister Owen Arthur will deliver a lecture entitled “The EPA and the Building of a Post-colonial Economy in the Caribbean.” It will be held in the Errol Barrow Centre for Creative Imagination, next Tuesday, starting at 7:30 p.m.
Arthur, an economist who served as Barbados’s prime minister from 1994 to 2008, and held lead responsibility for the implementation of the Caricom Single Market when he relinquished office in January, has argued that the region should benefit from special and differential treatment in its international trade arrangements.
He has long maintained that the Caribbean depends more in absolute and relative terms, on a favourable and appropriate international trading system than any other grouping of societies.
The former prime minister has proffered that as the world’s smallest and the most vulnerable economic region, the small states of the Caribbean are faced with the prospect of carrying out massive adjustments to their production sectors, their fiscal systems and their corporate systems in order to operate in a liberalized world, but with no reasonable probability of a successful outcome.
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