Daily Archive for May 8th, 2008

Industrialization by Illusion: T&T Today

By Dr. Kwame Nantambu
May 08, 2008

Trini PeopleIn his 1972 article titled “The meaning of development”, Professor Dudley Sears argued that “a country which had doubled per capita income could not claim to have experienced development if poverty, inequality, (inflation/ spiraling high cost of living, food shortages, human safety/security, level of crimes) and unemployment had not been reduced.”

In lay man’s terms, this phenomenon can best be classified as “growth without development”; in other words, it represents a scenario wherein an inverse relationship exists between economic, financial and industrial expansion/growth and the Quality of Life (QOL) and Basic Human Needs (BHN) of the citizenry of the country. Today, Trinidad and Tobago resembles such a phenomenon/scenario.
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