For example the 2011 “Doing Business Report” (published by the World Bank and IFC) ranks 183 countries in terms of their business facilitation environment. Among all countries, Jamaica and Trinidad and Tobago – the two largest CARICOM members – were ranked 81st and 97th, respectively. Suriname was ranked 161st.
The key here is education, which includes life-long learning and retraining, potentially bolstered by schemes to facilitate re-allocation of workers across sectors. Breaking down the barriers that create duality in the labour market will enable the unemployed youth of today to become the highskilled older workers of the future.