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Caribbean not fully benefitting from cultural industries, says Worrell

 
Former Governor of the Central Bank of Barbados, Dr. DeLisle Worrell, says Caribbean cultural industries have great economic value, but stressed that countries in the region are only seeing marginal economic benefits from these industries.
 
Dr. Worrell said, the cultural industries provide livelihoods for a stream of talented athletes, writers, designers, sports persons, commentators, promoters and communication technology specialists.
 
He however pointed out that Caribbean countries are too small to attract a constant stream of international events that would make cultural tourism a major contributor to GDP. 
 
Dr. Worrell argued that, while West Indies Cricket may never have the financial muscle to develop and field a competitive international West Indies team, it must recognise and celebrate the employment opportunities which world markets have opened up for Caribbean cricketers, including the lucrative Indian Premier League.


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