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Reply to "GuySuCo estates grind to a halt over pay demands"

Originally Posted by BGurd_See:

The AFC or PNC in power would not improve the chafe of cane cutters. It is an economic decision based on inefficient running of Guysuco and loss of subsidies. The govt needs to get out of running any type of industry and let private sector and market forces determine which industry survives.  Govt job is to govern not to run business. 

Talking from the back seat is always easy driving.  Even the PPP realize some of the issues the PNC was confronted regarding Bauxite and Sugar are the same for them.  There are policy approaches which could help or make a difference within certain parameters however, many of the underlying issues remain.  For this reason, the PNC has been fairly muted on the Linden electricity subsidy issue.  They know it's a conflict they would have had to confront.

 

For these two industries, down-streaming coupled with modern and efficient production could keep them afloat.  The Sugar industry has made some attempts and seem to be moving down this path.  Bauxite is a lot more difficult given the type and size of investments needed.  Couple this with Lindeners bruk-up and bun-down mentality, it's a virtually impossible task.

 

I don't agree that the Govt should leave it to "survival of the fittest" as many industries will go under very quickly given they are playing in a global market.  I do agree the Govt should not be involved in running businesses however, the Govt should be involved in risk-sharing and other means which makes it more attractive for investors.  Govts, especially in small nations, does have a more direct role in the economy.

FM
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