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Economy & Business - March 2020

CARIBBEAN: Seeking to address the brain drain

Over the last 25 years, Caribbean heads of state have made concerted efforts to innovate and reform their educational systems. In 1997, a regional policy agreement aimed to raise tertiary enrolment from 6% to 15% by 2005 to support national and regional development and diversify economies away from a reliance on trade. However, an unwelcome trend is thwarting the Caribbean’s ability to capitalise on this educational investment. In 2018, policymakers gathered at the Caribbean Community (Caricom) Single Market and Economy (CSME) regional stakeholder consultation session in Guyana, where the pressing issue was brought to the forefront of debate: how does the Caribbean reverse the chronic exodus of its high-skilled nationals?

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