Caribbean lost 70% of highly-skilled population – CDB rep

first_imgStudies on population trends have shown that the Caribbean region is losing a staggeringly high percentage of its skilled population.This is according to Director of the Economics Department at the Caribbean Development Bank (CDB), Dr Justin Ram. He was at the time addressing a regional stakeholder consultation session on the CARICOM Single Market and Economy (CSME) initiative that was held in Guyana last week.“When we look at the data, many of the countries [in the region] have lost as much as 70 per cent of labour force with more than 12 years of schooling. That is to say, 70 per cent of our population that we have schooled to tertiary education has left our shores,” Dr Ram clarified.Moreover, the CDB official noted that unemployment rates in the Caribbean remains extremely high.“In many of our member countries, it is as high as 25 per cent, and low as 4.3 per cent. I should add that youth unemployment is even higher, and in some of our member countries (it) is as high as 40 per cent,” he declared. Furthermore, Dr.Director of CDB’s Economic Department, Dr Justin RamRam posited that population trends show an expectation of many member countries experiencing a decline in population as the years go by.“Jamaica’s population is expected to decline by 50 per cent; Trinidad and Tobago’s by 28 per cent, St Vincent and the Grenadines by 29 per cent, and Grenada is actually expected to have less people than it had in 1950,” Dr Ram disclosed.The CDB official also went on to say that population dynamics are changing rapidly around the world, with the global continental ratio set for dramatic change by the year 2100.“North America currently has five per cent of the world’s population, and that will decrease to four per cent in 2100. Europe will go from 10 per cent to six per cent, and Asia will decline from 60 per cent to 43 per cent of global population. But the real figure I want you to pay attention to is Africa, (which) will actually rise from a current 17 per cent to 40 per cent of the global population.”A working paper published in June 2017 by the International Organisation for Migration details that, in 2007, the Caribbean emigration rate was four times higher than Latin America’s overall emigration rate.However, it noted that while the rate has slowed over the years, the region nevertheless remains an area of net emigration. Guyana has been named one of two countries showing the strongest emigration movements, with 9.65 per 1000 persons emigrating in 2013. It was cited in a previous study which stated that at least 40 per cent of the people in Guyana would migrate permanently if they get the opportunity.The 2017 working paper outlined that, from 1992 to the current period, Guyanese out-migration averaged about 10,000 people a year, with the CSME Treaty contributing to this steady outflow of people from Guyana.According to the World Bank, by 2013, Guyana had a total emigrant population of 463,000. Over half live in the United States, with another significant part living in Canada. The remainder of emigrants are found in the United Kingdom and in other Caribbean nations, as well as in nearby Venezuela.last_img read more

Powerful earthquake in Venezuela sends shockwaves to Trinidad and Tobago

first_imgBuildings in the Venezuelan capital of Caracas were evacuated on Tuesday after a powerful earthquake was recorded off the North-East coast of the country, sending shockwaves as far West as Bogotá, Colombia, and as far East as Trinidad and Tobago.The US Geological Survey (USGS) said a 7.3-magnitude quake struck 12 miles North-west of Yaguaraparo, Venezuela. The USGS recorded its depth to be 76 miles.The Pacific Tsunami Warning Centre said at 18:00h, there was no threat of aParts of a building collapsed on a parked car in Trinidadtsunami as a result of the earthquake, after a preliminary report that “hazardous tsunami waves are possible for coasts located within 300 km of the earthquake epicentre.”The earthquake was also felt strongly in Trinidad and Tobago, and much of the eastern Caribbean, including Grenada, Guyana, Barbados and as far North as St Lucia. There were no reports of damages in Grenada and Guyana, where people ran into the streets in pandemonium to see utility poles shaking. In Grenada, there was a report of a landslide.The University of the West Indies Seismic Research Centre reported that there were at least seven aftershocks from the earthquake, about one every three minutes.The Trinidad Express reported that the country was “stunned” by the quake as residents fled their homes.“That was so scary,” Vaughn Ramdeen, who lives in Arima, Trinidad, tweeted. “Couldn’t do anything but remain in one spot. Still trembling. The house was shaking like crazy. We ran out. Thankfully there are no power lines so didn’t have to worry about anything falling on us. It lasted about a minute.”Electricity and telephone outages were reported in some parts of Port-of-Spain, Trinidad and Tobago’s capital. Videos circulating on social media showedResidents stand outside their apartments as some look up at the Tower of David skyscraper following the earthquake on Tuesdaygroceries falling off store shelves, buildings with cracks, and a piece of a mountain in Chaguaramas along Trinidad’s North-west peninsula falling into the ocean.There were no immediate reports of casualties as the country waited to hear from disaster and preparedness workers who fanned out across the country to provide a report.The Associated Press reported that the earthquake briefly interrupted a pro-Government rally in Venezuela. State television captured the frantic moments after the quake when Diosadado Cabello, the head of Venezuela’s constitutional assembly, was giving a speech at theA road destroyed by the earthquake in Venezuelademonstration, the AP said.Attendees could be heard yelling as Cabello looked around. Footage taken by a journalist in Caracas and posted on Twitter showed residents rushing out of buildings and yelling in panic.Nestor Luis Reverol, the Interior Minister of Venezuela, also took to the social media platform and said that the Government was ready to handle “any emergency.” “We are calling on the entire country of Venezuela to remain calm,” he tweeted. (Miami Herald)last_img read more