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#11 Oct 11, 2019 6:11 pm

Real Distwalker
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Re: Before globalization was another failed policy: import substitution

The bigger the better.  The whole world should be one, single trading bloc.

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#12 Oct 12, 2019 8:59 am

Slice
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Re: Before globalization was another failed policy: import substitution

The main problem with the Caribbean, is that they are too damn corrupt.   and have nothing in place get some kinda business from the rich world. As cheap as Grenadian labour is doh tell me they cant compete with China.  The cost of shipping alone from China to the big world should be ah big disadvantage.

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#13 Oct 12, 2019 12:08 pm

New Historian
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Re: Before globalization was another failed policy: import substitution

Slice wrote:

The main problem with the Caribbean, is that they are too damn corrupt.   and have nothing in place get some kinda business from the rich world. As cheap as Grenadian labour is doh tell me they cant compete with China.  The cost of shipping alone from China to the big world should be ah big disadvantage.

You would be surprised how low they can go. Chinese contractors fly their workers to Africa and the Caribbean, house them while they do the work, fly them back to China (well, some of them lol!), and they are STILL cheaper than local contractors using local labour! Some people say they're prisoners, who knows?

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