Caribbean Journal -- It may be time to create economic “clusters” to spur growth in Jamaica, according to Densil Williams, Professor of International Business and Executive Director of the Mona School of Business Management at the University of the West Indies. Williams, who was addressing the Western Jamaica Economic Forum this week, said creating such clusters would bring “immense benefits to the business sector and ultimately the country.”
“Those of us who follow the development debates and see where economic developments are going, what we would have recognized is that the developmental trajectory has moved from this broad based broad brush approach and what they are now focusing on are what they call economic zones,” he said. “These zones are helping countries to become more vibrant players in the wider global sphere.”