{"id":348893,"date":"2025-09-18T14:27:54","date_gmt":"2025-09-18T18:27:54","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=348893"},"modified":"2025-09-18T20:57:26","modified_gmt":"2025-09-19T00:57:26","slug":"population-crisis-threatens-dominicas-economic-future-economist-warns-at-business-forum","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/population-crisis-threatens-dominicas-economic-future-economist-warns-at-business-forum\/","title":{"rendered":"Population crisis threatens Dominica\u2019s economic future, economist warns at business forum"},"content":{"rendered":"
\"\"
Daryl Bobb, McCarthy Marie<\/figcaption><\/figure>\n

Economist McCarthy Marie has strongly reiterated his long-standing concerns about Dominica\u2019s demographic trajectory and its implications for trade and economic sustainability. Speaking at a recent public discussion hosted by the Dominica Business Forum (DBF), on the theme \u201cComplexity of Trade, and Doing Business in Dominica,\u201d Marie stressed that the country\u2019s shrinking and aging population poses a fundamental threat to its economic viability.<\/p>\n

For over two decades, Marie has been steadfast in calling for national focus on population decline, warning that it poses a serious threat to Dominica\u2019s long-term development.<\/p>\n

\u201cNo children and no youth. We have a fundamental problem,\u201d Marie declared, citing 2022 statistics that showed 777 deaths and only 658 births\u2014a net population decline of 119. With Dominica\u2019s population hovering around 67,000, Marie argued that the economy cannot thrive without a robust and active human base.<\/p>\n

\u201cThe economy is not a thing that is different from us. The economy is what we do,\u201d he said, warning that without people to produce and consume, economic activity will spiral downward.<\/p>\n

Marie also challenged Dominica\u2019s approach to trade, urging a shift away from volume-based, low-cost production.<\/p>\n

\u201cWe cannot compete with anybody by selling anything cheaper than them at volume,\u201d he said, pointing to Dominica\u2019s limited capacity to mass-produce goods. Instead, he advocated for a strategy focused on high-value, niche products\u2014items that carry perceived quality and command premium prices. Drawing comparisons to Fiji\u2019s global success with bottled water, Marie suggested Dominica could similarly brand and market select goods for high-end markets.<\/p>\n

He illustrated the challenges of regional competition with an anecdote about yam exports: \u201cWe are selling boxes of yam. Therefore, we are selling a small amount of yam.\u201d<\/p>\n

Marie noted that Dominica\u2019s agricultural exports struggle to compete with cheaper imports – as was the case with bananas – from countries like Costa Rica, and that without strategic branding and market targeting, local producers remain trapped in low-volume trade.<\/p>\n

DBF President Daryl Bobb echoed the urgency of open dialogue and civic engagement.<\/p>\n

\u201cThere is a need for us to come together and say what is on our mind,\u201d Bobb said, urging citizens to overcome their fear of speaking out. He emphasized that national development hinges on collective participation and transparency, noting that via a message to the DBF on the day of the meeting, Prime Minister Roosevelt Skerrit expressed interest in hearing directly from the business community. However, Bobb explained that Mr. Skerrit was unable to attend due to travel commitments. Minister for Trade, Dr. Vince Henderson, was invited but did not attend.<\/p>\n

\u201cLet us come out and speak, man. Stop holding back on yourself,\u201d Bobb implored, stressing the importance of forums like DBF\u2019s in shaping policy and economic direction.<\/p>\n

The picture that was generally painted at the DBF forum was one of a nation at a crossroads where demographic decline, trade limitations, and civic reluctance converge to challenge Dominica\u2019s future. Their call to action urges Dominica to rethink what it produces, how it competes, and to empower people to speak up to shape the nation’s future.<\/p>\n","protected":false},"excerpt":{"rendered":"Economist McCarthy Marie has strongly reiterated his long-standing concerns about Dominica\u2019s demographic trajectory and its implications for trade and economic sustainability. Speaking at a recent public discussion hosted by the Dominica Business Forum (DBF), on the theme \u201cComplexity of Trade,…","protected":false},"author":15,"featured_media":348899,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[18,36,235,9],"tags":[],"class_list":["post-348893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy-development","category-homepage-carousel","category-news"],"acf":[],"yoast_head":"\nPopulation crisis threatens Dominica\u2019s economic future, economist warns at business forum - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/homepage-carousel\/population-crisis-threatens-dominicas-economic-future-economist-warns-at-business-forum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Population crisis threatens Dominica\u2019s economic future, economist warns at business forum - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"Economist McCarthy Marie has strongly reiterated his long-standing concerns about Dominica\u2019s demographic trajectory and its implications for trade and economic sustainability. 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