Small-minded 'wisdom' from UWI academic
THE EDITOR, Sir:
I really get angry when the naysayers among us are given precious print space in the Financial Gleaner. I really think we should avoid academic dunces.
The article quoting Dr Densil Williams, head of the Mona School of Business and Management ('Jamaica too small to generate real wealth, says UWI academic', Friday, July 8), smacks of insult to every hard-working and ambitious Jamaican. He says because of Jamaica's size, we will never be wealthy. That is equivalent to telling the average Jamaican that no matter how you work hard, get an education, create a service that's in demand, start a business, you will never be able to create wealth simply because you live in Jamaica.
Jamaica is too small
Simply put, for him, Jamaica is too small. Really, Dr Williams? And they let people like Dr Williams lecture to our young people at the University of the West Indies (UWI). What do you tell them? That after getting their degrees, they should pack up and go?
So, Dr Williams, how did countries like Singapore, The Cayman Islands, Switzerland, Kuwait, etc. become wealthy? These countries managed their resources more efficiently while capitalising on opportunities. The size and resources of any country have nothing to do with the acquisition of wealth. Just look at a country like Nigeria. This country has some of the world's most valuable resources: oil, gold, etc. Nigeria has a large population and yet it is still a poor country. Just look at Venezuela.
From the 1970s, Jamaica has mismanaged its resources and squandered opportunities. That's the reason we are not one of the richest countries in the world today. People like Dr Williams, who lecture at the UWI and write such articles, should be ashamed of themselves.
Old Harbour, St Catherine