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Handbook of Caribbean Economies

Robert E. Looney (Redaktør)

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. Les mer
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Leveringstid: Sendes innen 21 dager

Om boka

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.

Fakta

Innholdsfortegnelse

1. Introduction


Robert E. Looney





Part I Commonalities





2. An Alternative Policy Approach to Growth and Stabilization in Small Open Economies


DeLisle Worrell


3. Impacts of Climate Change on Caribbean Economies


Masao I. Ashtine


4. Caribbean Energy Security: Regional Profile and Challenges to Integration


David Goldwyn and Cory Gill


5. The Caribbean Holds Its Own in Global Tourism Competition


DeLisle Worrell


6. CARICOM and that Vexing Issue of Size and Viability


Patsy Lewis








Part II Obstacles to Sustained Progress


7. Debt and Fiscal Constraints


Lester Henry


8. Crime, Violence, and Drugs in the Caribbean


Sherill V. C. Morris-Francis


9. It's Complicated: The Caribbean's Relationship to White-Collar Crime


Kristina Hinds


10. Caribbean Natural Disasters and Country/Regional Responses


Robert E. Looney


11. Why and How to Use Fiscal Policy to Target the Exchange Rate


DeLisle Worrell





Part III External Influences


12. Venezuela: The Descent into a 'Soft State'


Anthony P. Maingot


13. The External Economic Relations of the Caribbean: The United States and Europe Union Compared


Ginelle Greene-Dewasmes and Tony Heron


14. China's Increasing Influence in Central America and the Caribbean


Richard L. Bernal


15. Regional Cooperation in Latin America and the Caribbean: New Challenges and Agendas


Cintia Quiliconi and Renato Rivera Rhon





Part IV Country Case Studies


16. The Puerto Rican Economy


Brad Setser and Sergio Marxuach


17. Haiti


Wenche Iren Hauge


18. The Cuban Economy: Socialist Stagnation with Caribbean Characteristics


Richard E. Feinberg


19. Trinidad and Tobago


Lester Henry


20. Belize


Victor Bulmer-Thomas


21. Guyana and the Advent of World-class Petroleum Finds


Clive Y. Thomas


22. Development and Underperformance in the Barbados Economy, 1946-2018


DeLisle Worrell


23. Suriname


Scott B. MacDonald





24. The Bahamas: Facing a Period of Climate Change and Slow Growth


Robert E. Looney


25. The Cayman Islands


Scott B. MacDonald


26. Guadeloupe and Martinique in the Caribbean Basin: A Comparative Analysis of Models and Trajectories


Alain Maurin and Patrick Kent Watson


27. The Dominican Republic


Susan Pozo and Antonio Maria Giraldi


28. The Jamaican Economy: A Caribbean Success Story at Last?


Keith Collister and Robert E. Looney


29. The Dutch Caribbean


Scott B. MacDonald

Om forfatteren

Robert E. Looney is a Distinguished Professor in the National Security Affairs Department at the Naval Postgraduate School, California. He specializes in issues relating to economic intelligence and economic development in the Middle East, Latin America and Africa. Professor Looney has published 22 books and is the editor of the Routledge Europa Emerging Economies series.