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HOW CAN BARBADIANS BOOST THE COUNTRY’S COMPETIVENESS? SOME IDEAS IN A NEW TELEVISION SERIES
Barbadians can and must bolster the country’s competitiveness.
This is the principal message in a 15-part television series titled Sharpening our Competitive Edge: Moving from Good to Great, produced by Central Bank of Barbados and the National Productivity Council.
While Barbados outperforms its Caribbean neighbours in competitiveness, ranking 47th among 148 countries in the World Economic Forum’s Global Competitiveness Index 2013-2014, the Bank and the Council will examine ways, and provide examples to improve the country’s rating, with the help of experts in the field, employers and employees.
“In this new series we break out the elements of the challenge of moving from good to great, from showing occasional flashes of brilliance to delivering excellence as a daily habit,"" Governor of the Central Bank of Barbados, Dr. DeLisle Worrell previewed.
""Barbados is already widely admired and respected in the Caribbean and beyond for the transformation of our economy and for the enviable quality of our lives. We are poised to take our performance to the next level, where we create incomparable experiences for our visitors, and establish our reputation as a byword for efficiency in services. We already have examples to guide us on the way forward. This series will highlight these beacons of our future to inspire us to address the remaining challenges and to prevail.”
The series will also look at each of the Forum's 12 indices for measuring a country's competitiveness: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation, and examine ways to improve these areas locally, as well as discuss the factors that influence investors.
Captains of industry, in-house experts from both the Central Bank of Barbados and the Productivity Council and ordinary Barbadians will all weigh in on a range of topics including, productivity, innovation, accessing financing, and improving service delivery in both the private and public sector when ""Sharpening our Competitive Edge: Moving from Good to Great"", airs on CBC TV 8, on Wednesdays at 7:55 p.m., commencing on September 3, 2014. They will also be accessible on the Bank’s website www.centralbank.org.bb.
August 29, 2014
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