by Rick Lowe
Back on August 25, 2008, Dr. Bethel posted this blog over at Blogworld.
It's curious that she would support Derek Walcott, Nobel Laureate in Literature 1992, when he says "the regions governments are prostituting themselves to foreign investors..."
The quote from Walcott at the recent Carifesta event is:
“The prostitution is a thing we call development,” he said in stinging remarks delivered during an impromptu presentation at the grand opening of the CARIFESTA X Symposia, at the National Convention Centre. He warned: “Don’t let this continue, [because] something serious is going to happen.”
Now I'm no poet or Nobel Laureate, but I sure know, this comment makes no economic sense.
I'm all for plays and poetry and music too, but foreign direct investment (FDI) is one way to help with the economic growth of the countries in our region.
This might be sacrilege as far as Dr. Bethel is concerned, but writing poetry does not an economist make.
