"Citizen scholars of the Caribbean as well as noted international economists analyse the macroeconomic and broader development challenges facing developing countries today in this collection dedicated to the work of Sir William Arthur Lewis, Nobel Laureate and a pioneer of Development Economics. Originally developed as individual lectures in Lewis s honour and delivered over a ten-year period, they reflect the ethos of his approach to development and the utility of economics as a problem-solving discipline. The ultimate aim is to provide practical solutions to the problems of development. The contributors to this volume are: Rex Nettleford; Alister McIntyre; Norman Girvan; Lloyd Best; Kari Levitt; Marius St. Rose; Clive Thomas; Alan Blinder; Joseph Stiglitz; and Gerald Meier. There is a Foreword by Dr the Hon. Ralph Gonsalves, Prime Minister of St Vincent and the Grenadines. Both the annual lectures and this landmark collection have been organized by the Eastern Caribbean Central Bank whose Governor, Sir K. Dwight Venner provides an insightful and comprehensive Introduction to the volume. "

This important book provides a fascinating insight into the conceptual under-pinnings of the theory of plantation economy initiated by Lloyd Best and Kari Levitt in the 1960s as a basis for analysing the nature of the Caribbean economy. While acknowledging an intellectual debt to Latin American structuralists and also to the work of Dudley Seers and William Demas, the authors develop an original and innovative analytical framework as a counter to more "universalist" models which failed to take account of the Caribbean reality. Their work identifies the main features of the plantation economy as a hinterland characterized by subordination and dependency on the dominant metropole. Distinguishing between hinterlands of conquest, settlement and exploitation, Best and Levitt analyse the rules that determine this complex relationship with the metropole. Their economic theories are presented against a background of the historical factors that gave rise to the "structural continuity" of Caribbean economies and which now impede meaningful structural transformation. Book jacket.

The Blue Economy is emerging on the global scene as a powerful and persuasive new concept for sustainable development based on economic activities associated with the ocean. Several regions globally have adopted this concept at national and regional levels, including the Caribbean. Given the complex, multisectoral and multilevel nature of the Blue Economy, it is clear that different approaches will be needed for different regions. Hence, this volume explores the opportunities, threats and risks involved in operationalising the Blue Economy in the Wider Caribbean Region, defined as northern Brazil to the USA and all mainland and island countries and territories in-between. The first part of the book looks at where the region stands in the global picture regarding adoption of the Blue Economy and what is planned. The second set of chapters examines key crosscutting issues such as ecosystem services, climate change and governance at national and regional levels that could make or break the Blue Economy initiative. The book then goes on to explore the main sectoral activities that will constitute the Blue Economies in the region: fisheries, tourism, shipping and transport, renewable energy, oil and gas, seabed mining and waste management are all considered. The book ends with a synthesis of the political and technical requirements to overcome threats and take advantage of opportunities in the Blue Economy.

Physical Capital Development and Energy Transition in Latin America and the Caribbean introduces the reader to applied theory and potential solutions to manage the transition from fossil energies to renewables given the resource wealth and infrastructural limitations of Latin American and Caribbean (LAC) countries. The work presents consistent empirical approaches and relevant econometric approaches grounded in case studies that offer realistic portrayals of complex multidisciplinary phenomena. It provides policymakers with the knowledge needed for economic decision-making, especially regarding the energy transition and the physical capital development in the LAC (and similar developing regions). The work concludes by road mapping future LAC physical capital investment options to promote 21st-century sustainable energy development. - Analyses the macroeconomics of physical capital and energy transition in LAC countries - Uses case studies to draw pragmatic comparative energy policy implications - Deploys econometric techniques to address empirical approaches on energy and development economics - Discusses the effects of the energy transition on environmental degradation - Links energy economics and public investment management

Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

This book is concerned with the impact of economic globalization and an unregulated global market system on the Caribbean economies. The book is in three parts. Part I examines theoretical issues and includes an assessment of recent globalization trends, the limits of globalization, and the question of uneven development. Part II considers alternative policy solutions including interventionist alternatives, effective monetary strategies and innovative tourism strategies. Part III focuses on Jamaica and the Bahamas. Overall, this book provides a rich menu for alternative economic policies in the Caribbean at the turn of the century.

Caribbean Visionary: A. R. F. Webber and the Making of the Guyanese Nation traces the life of Albert Raymond Forbes Webber (1880–1932), a distinguished Caribbean scholar, statesman, legislator, and novelist. Using Webber as a lens, the book outlines the Guyanese struggle for justice and equality in an age of colonialism, imperialism, and indentureship. In this fascinating work, Selwyn R. Cudjoe examines Webber's emergence from the interior of Guyana to become a major presence in Caribbean politics. Caribbean Visionary examines Webber's insightful novel, Those That Be in Bondage, his travel writings, and his poetry. The book chronicles his formation of the West Indian Press Association, his work on British Guiana's constitution, and his championing of its people's causes. Cudjoe studies Webber's work with the British Guiana Labour Union to improve the conditions of the Guyanese working people and Webber's authorship of the Centenary History and Handbook of British Guiana. An important addition to Caribbean intellectual history, Caribbean Visionary is an indispensable work for scholars interested in the region's literature, political science, and economic thought. It is also an invaluable resource for those who wish to understand the genesis of contemporary Guyana and the English-speaking Caribbean.