Great points. Some of the major challenges to progress are the unwillingness of governments to have a realistic strategic plan and take the necessary steps to pass the legislations to enable e-Commerce and make bold steps to ensure ICT entrepreneurship. Also the lack of reluctance of financial companies to support e-commerce and e-Business, namely the large banking institutions who do not seriously support e-anything in order to promote their interests. There’s also the lack of strategic and more so long term vision by key decision makers.
In some Caribbean islands the ICT sector and especially provision of services is still not open enough. As a result, the available speeds and cost for broadband compared to other islands is poor. Unfortunately, the fault lies with previous governments and present governments which didn’t see the importance of having cable and other providers to enter the broadcasting /telecoms market. Now they are playing catchup as far as higher broadband speeds and afford-ability (not talking DSL speeds here). See this link to show how backward thinking some of our “leaders”in the Caribbean are:
http://bajanreporter.com/why-a-cellphone-tax-would-allow-all-of-barbados-to-access-free-internet-ex-deputy-pm-offers-advice-to-local-entrepreneurs/
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