Nation News<\/a>)<\/p>\n<\/blockquote>\nThose of us who monitor the state of the economy across the Caribbean can attest that most countries have been and continue to experience marginal economic growth at best. In the majority of instances, and among other things, the countries are drowning in debt, are generating insufficient revenue to meet their recurring expenditure, cannot finance capital projects, and high unemployment continues to a pressing issue. With respect to citizens, and again among other things, the cost of living continues to increase, but salaries are not increasing at the same rate, which is affecting their purchasing power and their ability to afford products they had been able to purchase in the past.<\/p>\n
When the current state of the region is considered, it is evident that our countries, and more specifically our governments, do not have the resources to drive the economic growth and development directly. Instead, they could seek to find other ways and means to foster that development and growth they envisage.<\/p>\n
Should Governments dictate have private businesses operate?<\/h3>\n
Although this article has highlighted Senator Boyce\u2019s statement, he is not alone, as a politician and policymaker, in calling on local telecoms firms to make a country more attractive, more competitive, more affordable\u2026 and the list goes on. Politicians across the region have at one time or another urged telecoms firms to change their posture to benefit their respective countries. Further, we, as consumers, have not been innocent bystanders, as we tend to support those calls, especially those that could benefit us. However, should Governments dictate have private businesses operate?<\/p>\n
The short answer to that question is no. Whilst we might not have a difficulty when it happens to telecoms companies, many of which are large and privately owned, we might not feel the same way if that attention was focussed on us as owners or supporters of micro, small and medium enterprises that operate in the tech space, and even in other sectors.<\/p>\n
The business owners who are solely responsible for driving realisation of their vision for their businesses and bearing the risks (along with their investors and supporters), it seems highly inappropriate for anyone to ask (or even demand) that whatever approach that has been implemented to be changed to suit his\/her own interests. While it is not lost on the writer that many of those statements from policymakers can be deemed \u2018political utterings\u2019, that really have no meaning and are just being said to express an opinion, it is disconcerting nonetheless.<\/p>\n
Implement measures to produce the desired behaviour<\/h3>\n
In a nutshell, and referring back to our telecoms\/ICT space, it appears that we \u2013 as countries \u2013 have fully ceded control of that space and its impact on our lives to the telecoms firms. Further, all we believe we can do is sit on the side-lines and give armchair advice. However, we have more power than we think.<\/p>\n
Our governments can influence the behaviour of the commercial sector through the enabling environment they create, that is through the policies, laws and regulations adopted, to name a few. In essence, governments can seek to elicit the behaviour or activity they desire by the inducements and deterrents they establish \u2013 within a coherent framework.<\/p>\n
Further, consumer behaviour can also influence both how governments and service providers act, regardless of industry. Customer dissatisfaction communicated by complaining through the established channels, by changing providers (if possible), and\/or by complaining directly to the portfolioed minister, can be effective.<\/p>\n
In summary, if a government is serious, it is not enough for it to just urge private firms to change their business to suit the needs or desires of a country. To the business, it has to make commercial sense to do so. Hence with regard to telecoms and ICT, should Caribbean countries wish to become world leaders, then our governments have a crucial role to play facilitating the viability of the affected businesses, along with consumers\u2019 ability to access the results.<\/p>\n
<\/p>\n
Image credit: \u00a0Brad K<\/a> (flickr)<\/em><\/p>\n_____________<\/p>\n","protected":false},"excerpt":{"rendered":"
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