Pro-Vice-Chancellor of Global Affairs at the University of the West Indies, Ambassador Dr. Richard Bernal, is predicting a pushback against globalisation in the Caribbean due to the COVID19 Pandemic.
Ambassador Bernal says with the fallout from COVID19 the availability of cheap imports can no longer be the only consideration.
Ambassador Bernal was speaking yesterday at a digital symposium on COVID19 hosted by the University of the West Indies.
Globalisation whereas the means of production are integrated on a worldwide scale has come under intense scrutiny for its shortcomings in recent decades.
Those drawbacks have been brought into sharp focus due to the COVID19 Pandemic which originated in the Chinese city of Wuhan and has now swept across hundreds of countries worldwide.
Ambassador Bernal says the Pandemic provides the opportunity to rethink the reliance on foreign imports and bring back more domestic production.
He says the pandemic also provides an avenue for increased innovation and creativity which could drive further entrepreneurship.
Ambassador Richard Bernal, Pro-Vice-Chancellor of Global Affairs at the University of the West Indies.