Implication for Caribbean Financial Development
by The work draws notice to looming adversity of the Caribbean region due to the event of 9/11.
What transpired at the world trade center and the Pentagon on September 11 will undoubtedly impact the lives of the people in the Caribbean in more ways than one for many years to come.
The sociological implications
Having looked at just a few of the possible negative impacts that September 11 will have on the region, it would be remiss of us if we did not take a look on some of the sociological probabilities that are likely to follow.
In the ensuing months, as capital dries up around the region, as people are displaced from their jobs, and as the gloom looms over the region, the possibility exist that people will become more restive and frustrated; if the theory is true that “every generated energy must find and out let. ”Will we see the children of the region become more exposed to the hostility of angry parents? Will frustrated husbands turn on their wives in? Will the law abiding citizens of the region come to experience the cruelty and savagery of heartless persons?
To compound the social tension in the region, many more deportees will be sent back within the short and long term. Many of theses deportees do not have any social connecting roots here, to survive it is almost certain that some will gravitate to devious means of living, such as drugs trafficking, unscrupulous business practices and probably, merciless killings.
Jamaica alone had over 4,690 deportees from Britain and the United States in years 1998 and 2001. Officials throughout the region have blamed deportees for the increase of criminal activities in the region, while it cannot be generalize that all crimes are the doings of deportees, but there seems to be enough evidence that the presence of some deportees are rocking the boat of the region.
The event of September 11 will definitely change our whole socioeconomic way of living in the Caribbean in some small or large ways. It is therefore, incumbent upon all governments of the region to look beyond their own narrow shore line of independence and look to the broader horizon of regional integration, so that the Hon. P. J. Patterson’s statement at the university’s annual gala in New York on Wednesday night January 23rd, will become a regional reality.
“Wherever we have been born, we are from one region, with one future that is indivisible.”
It is only when there is such an unified approach in trying to blow away the dust and the smoke of gloom from the region that we as a people will be able to see the sun ray of the future and the generation that is to come will rise up and call us blessed.
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