CONTACT Magazine (Vol.18 No.1 – April 2018)
The first issue of the rebranded CONTACT Magazine — with a brand new editorial and design direction — produced by MEP Publishers for the Trinidad & Tobago Chamber of Industry & Commerce
The first issue of the rebranded CONTACT Magazine — with a brand new editorial and design direction — produced by MEP Publishers for the Trinidad & Tobago Chamber of Industry & Commerce
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Policy to a National Environment Policy.<br />
There is even a Green Government<br />
Policy.<br />
The Economic Development<br />
Advisory Board (EDAB) that was set up<br />
after the 2015 election has produced a<br />
lot of material on these very issues. If the<br />
electorate is less than familiar with the<br />
intricacies of national transformation,<br />
it is not for lack of reading material.<br />
But that painful fact points to<br />
another difficult hurdle. It is very hard<br />
to imagine a Trinidad and Tobago<br />
transformed in the way the official<br />
literature urges, with its people<br />
enthusiastically adopting a new<br />
mindset and a new culture. What is<br />
economically sane and sensible is sure<br />
to be politically toxic. One commentator<br />
(wisely claiming anonymity) told<br />
Contact: “What we all want is high<br />
living with low productivity.”<br />
So there is the vision of<br />
transformation on<br />
one hand, while<br />
on the other is<br />
the way<br />
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things actually work in Trinidad and<br />
Tobago. Real change would threaten<br />
and trample on a vast web of entrenched<br />
interactions, systems, and processes.<br />
So much is invested in the status quo,<br />
both political and commercial, that it<br />
is hard to believe there is any scope for<br />
genuine change.<br />
Still, it must be done. The world is<br />
changing around us and is not waiting<br />
for Trinidad and Tobago to get its<br />
house in order. Even with a return to<br />
growth in <strong>2018</strong>, even with a pickup in<br />
the energy sector, the end is in sight for<br />
fossil fuels; their terminal decline may<br />
well be only a couple of decades away.<br />
Dodging the issue now simply means<br />
kicking the can down the road for a<br />
new generation to pick up.<br />
Private sector leadership<br />
In the face of these challenges, the<br />
Trinidad and Tobago Chamber of<br />
Industry and Commerce has<br />
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an unavoidable role to<br />
play in providing<br />
inspirational<br />
leadership.<br />
Which is<br />
to<br />
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What<br />
is economically sane<br />
and sensible is sure to be<br />
politically toxic<br />
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say, it has to entice the business<br />
community to go the whole length of<br />
the road. It cannot leave leadership to<br />
the government alone.<br />
The private sector will have to<br />
divest itself of business models and<br />
processes which no longer work to<br />
the national good. It will have to<br />
prioritise products and services which<br />
save or earn foreign exchange. It must<br />
innovate and diversify. It must develop<br />
a greater sense of global markets, and<br />
the external demand which Trinidad<br />
and Tobago can supply.<br />
Even so, without partnership and<br />
mutual support from the government<br />
and labour, the road leads straight into<br />
the desert. Somehow, the visions of<br />
the three partners in transformation<br />
must find a way to mesh. To have them<br />
pulling in different directions in pursuit<br />
of separate goals is a recipe for national<br />
deadlock and stagnation.<br />
All this is going to hurt. People<br />
are going to bawl. At every level of<br />
society, people will have to climb out<br />
of their comfort zones. We’ll need<br />
mutual support and encouragement<br />
to keep cheerful and optimistic. But<br />
we don’t really have a choice. There is<br />
too much work to do. We have been<br />
hanging around too long waiting for<br />
Godot to appear. We’ll be better off<br />
remembering the Calypso Monarch’s<br />
warning about what will happen<br />
“if change doesn’t start with<br />
you.”<br />
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2004<br />
2005<br />
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2008<br />
2009<br />
2010<br />
2011<br />
2012<br />
2013<br />
2014<br />
2015<br />
2016<br />
2017<br />
www.chamber.org.tt/contact-magazine 21<br />
Trinidad and Tobago Chamber<br />
of Industry and Commerce