Development, Political, and Economic Difficulties in the Caribbean

Development, Political, and Economic Difficulties in the Caribbean

Author: Ann Marie Bissessar

Publisher: Palgrave Macmillan

Published: 2019-02-04

Total Pages: 0

ISBN-13: 9783030029937

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This edited volume focuses on the attempts of various Caribbean countries to diversify their economies and societies. It is done in the context of political and economic difficulties that these countries have faced since the 2007-2008 economic crash and how successful they have been in moving their economies in a different direction. The contributors use very distinct levels of analysis in order to provide a nuanced view of diversification efforts in Trinidad and Tobago, Jamaica, Cuba, the French Antilles, and the Dutch Antilles. The book will appeal to academic researchers, practitioners, policy makers, and everyone who is interested in the politics and development of the Caribbean region.


Caribbean Economic Development

Caribbean Economic Development

Author: Stanley Lalta

Publisher:

Published: 1993

Total Pages: 422

ISBN-13:

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"A collection of essays by Caribbean scholars on the development experience of the English-speaking Caribbean countries, with an emphasis on policy-oriented analyses and alternative development strategies. Explores such issues as import substitution, regional integration, self-reliance and State-led development, and structural adjustment"--Handbook of Latin American Studies, v. 57.


Handbook of Caribbean Economies

Handbook of Caribbean Economies

Author: Robert E. Looney

Publisher: Routledge

Published: 2020-11-10

Total Pages: 513

ISBN-13: 0429560125

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This volume aims to illustrate the uniqueness of the economies of the countries and territories of the Caribbean as well as the similarities they share with other regions. While most countries in the region share many of the characteristics of middle-income countries, theirs is a matter of extremes. Their generally small size suggests a fragility not found elsewhere. While much of the world is beginning to feel some effects of climate change, the Caribbean is ground zero. These factors suggest a difficult road ahead, but the chapters presented in this volume aim to help to spur the search for creative solutions to the region’s problems. The chapters, written by expert contributors, examine the Caribbean economies from several perspectives. Many break new ground in questioning past policy mindsets, while developing new approaches to many of the traditional constraints limiting growth in the region. The volume is organized in four sections. Part I examines commonalities, including issues surrounding small economies, tourism, climate change and energy security. Part II looks at obstacles to sustained progress, for example debt, natural disasters and crime. In Part III chapters consider the specific role of external influences, including the USA and the European Union, the People's Republic of China, as well as regional co-operation. The volume concludes in Part IV with country case studies intended to provide a sense of the diversity that runs through the region.


The Modern Caribbean Economy, Volume II

The Modern Caribbean Economy, Volume II

Author: Nikolaos Karagiannis

Publisher: Business Expert Press

Published: 2016-09-16

Total Pages: 183

ISBN-13: 1631575635

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Caribbean economies have been faced with mounting challenges arising from the increasing pace of economic globalization. The financial crisis of 2007 further exacerbated economic instability due to high foreign debt, lack of competitiveness, declining productivity, and high unemployment and underemployment. This in turn has precipitated increasing social and environmental problems, including poverty, inequality, crime and violence, and environmental degradation, all of which require new perspectives and policy approaches for transformative change and sustainable development. In this two volume multidisciplinary edited book The Modern Caribbean Economy, Volume I provides scholars and practitioners with alternative theoretical perspectives and concrete policy recommendations, while Volume II discusses economic, industrial, and social problems facing the Caribbean along with pragmatic proposals to successfully deal with these, while building local resilience and enhancing institutional strength in the region.


Patterns of Caribbean Development

Patterns of Caribbean Development

Author: Jay Mandle

Publisher: Routledge

Published: 2010-11-26

Total Pages: 153

ISBN-13: 1136877592

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First published in 1982, this study attempts to put contemporary Caribbean development into historical perspective. By first constructing a Marxist framework for the study of development , Jay Mandle assesses the reasons why the region emerged underdeveloped and evaluates post-world-war two efforts to overcome the legacy of poverty through a strategy of "industrialization through invitation." Identifying the reasons why a Marxist framework yielded results which were unsatisfactory, the author then explores the requirements which must be met for a more reliable study of the Caribbean’s economic development. Case studies of Cuba, Jamaica, Guyana, Trinidad and Tobago examine the extent to which these requirements have been met.


Persistent Underdevelopment

Persistent Underdevelopment

Author: Jay Mandle

Publisher: Routledge

Published: 2010-11-26

Total Pages: 205

ISBN-13: 1136877533

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First published in 1996, this insightful and informative text examines the post-emancipation and recent economic history of the Commonwealth Caribbean. Jay R. Mandle offers an explanation of the region’s continuing underdevelopment. Through the use of an analytical framework derived from the works of Marx and Kuznets, the book focuses attention on technological change as the driving force behind economic modernization. Persistent Underdevelopment begins by exploring how plantation agriculture had a limiting effect on industrial growth. Ultimately, plantation dominance receded; technological stagnation continued, however, and, under British colonial policy the Caribbean failed to modernise. The post-World War II era brought new efforts at modernisation through the economic policies of the left regimes of Manley, Burnham and Bishop. The concluding chapters point the way to policies that would enable the Caribbean to escape its current poverty and become an effective participant in world markets, finally achieving the goal of modern economic development.


Accelerating Trade and Integration in the Caribbean

Accelerating Trade and Integration in the Caribbean

Author: World Bank

Publisher: World Bank Publications

Published: 2009-07-17

Total Pages: 364

ISBN-13: 0821380192

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The main objective of this report is to help policymakers in the Caribbean design an agenda of policy actions to accelerate trade integration and growth and reduce poverty. The report is a joint response from the World Bank and the Organization of American States (OAS) to a demand statement from the member states of CARICOM, formulated by the Caribbean Regional Negotiating Machinery and the CARICOM Secretariat, to strengthen the analytical underpinnings of the linkages between trade, economic growth, and poverty. It aims at centering the Caribbean's next round of trade reforms and its overall agenda around trade on these key thematic areas. The report provides an overview of the economic and trade system context of the Caribbean, under which the new trade environment is operating. It then discusses the opportunities and challenges for the Caribbean associated with the new trade environment. It finally quantifies the gains from global trade integration using a dynamic macroeconomic analysis. The report provides policy priorities to accelerating Caribbean integration into the world economy and to reap the benefits of global competition. Each part of the report focuses on a key question and adds value by providing an in-depth analysis of the issues raised and laying the foundations for policy recommendations described in the last chapter of the report: * Part I (Overview of economic and trade system context): is Caribbean's economic and trade system sound enough to sustain the new era of its global trade relations which is being shaped? * Part II (Focuses on the analysis of the new opportunities and challenges of the new trade environment): what are the opportunities and challenges that the new trade environment offers to the Caribbean? * Part III (Presents an assessment of the impact of the EPA on growth and poverty using two types of macroeconomic models): what are the gains in terms of growth and poverty reduction of the recently negotiated EPA?


Problems of Development in Beautiful Countries

Problems of Development in Beautiful Countries

Author: Ransford W. Palmer

Publisher: Lanham, Md. : North-South Publishing Company

Published: 1984

Total Pages: 120

ISBN-13:

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Collection of essays on economic development in the Commonwealth Caribbean - advocates industrial growth based on local level ownership as a means of employment creation to absorb the labour surplus; discusses the economic implications of industrialization, the emigration of skilled workers to the USA, choice of technology in agricultural mechanization, the role of USA, and dependence; considers the needs for regional development and a regional level bank in the Eastern Caribbean. Bibliography, statistical tables.