Griffith Economic Development of CARICOM

From Early Colonial Times to the Present
1. Auflage 2021
ISBN: 978-1-78527-812-9
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 200 Seiten, Format (B × H): 153 mm x 229 mm, Gewicht: 454 g

It has been suggested that, if CARICOM nations wish to accelerate their development, they should embrace laissez-faire economic policies. However, laissez-faire economic policies have reinforced the very economic and social structures that have contributed to their low level of development; furthermore, laissez-faire economic policies ignore social attitudes that can greatly influence a nation’s development. Moreover, low-skilled labor-intensive production processes, which once propelled growth in CARICOM nations, will no longer perform a similar role because production processes are becoming more and more knowledge-skills intensive, and nations wishing to attract foreign manufacturing investment or high-tech services may not be able to do so without an adequate pool of the necessary knowledge skills. CARICOM nations must therefore try to accumulate a pool of knowledge skills that can help their economies become internationally competitive.

Autoren/Hrsg.

Griffith, Winston H.

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

List of Illustrations; Acknowledgments; Introduction; 1. Economic Smallness; 2. Agriculture; 3. Industrialization; 4. Export Tourism; 5. Economic Integration; 6. Commercial Banking; 7. Education; 8. Role of Government; Conclusion; Notes; References; Index.

Über Autor(innen)

Winston H. Griffith, Professor Emeritus, taught economic development, political economy of the Caribbean, international economics, and international finance at Bucknell University.