Contemporary Challenges for Caribbean Economies

Rezensionen / Stimmen

"In our search for sustainable development, this book offers a fresh and bold take on novel economic development models in the Caribbean. Carefully studying the region's economic and political history, masterfully integrating established as well as new conceptual frameworks, and leveraging empirical analysis, Terence Yhip and Brian Alagheband tackle the question raised by Sir Arthur Lewis on the significance of economic growth in small open economies. This book will be of interest to students and researchers in economic development in the Caribbean. It is also applicable to a diverse group of developing economies and can be a guide for economic policymakers. A definite must read!" (Aleksandr V. Gevorkyan, Henry George Chair in Economics, The Peter J. Tobin College of Business, St. John's University; author of "Transition Economies")

"This book is a must read for students and policy makers of the Caribbean region, and beyond. It presents new data on key macro aggregates and growth correlates, and the corresponding analyses are theoretically grounded. Readers interested in the resource curse or the paradox of plenty will also find many useful references and policy suggestions to help Guyana avoid the dreaded Dutch disease." (Tarron Khemraj, Professor of Economics and International Studies, New College of Florida; coeditor of 'Economic Challenges in Early 21st Century Guyana')

"This book provides a comprehensive analysis on the historical and contemporary socio-economic issues within the Caribbean development context and provides significant recommendations for sustainable diversification. Of special interest is the detail paid to the examination of the growth trajectories in the Region and the utilization of a case study approach in some instances to investigate challenges in a practical manner. The strength of the book lies in its genuine advocacy for an economic growth strategy that focuses on increasing production and diversification by embracing technology and innovation." (Natasha Ramkissoon-Babwah, Lecturer, Entrepreneurial Studies, Department of Management Studies, University of the West Indies, St. Augustine)

"This book undertakes a timely and relevant analysis of the historical growth experiences of the Caribbean countries. It addresses events that have curtailed the region's development over the years and breaks down present and forthcoming challenges for those countries with new oil and gas sectors. Emphasis is placed on diversification, which has been beyond the reach of post-independence Caribbean states but remains critical for promoting sustainable long-term growth. What is particularly commendable is that the book considers solutions to promoting faster growth at the regional level and building blocks for country-specific policy responses. To this end, it considers diversification strategies and policies to build innovative capacities including technological upgrading. This is certainly a must-read for students, academics, and policy makers interested in Caribbean development!" (Dianna DaSilva-Glasgow, Senior Lecturer (Economics) and Dean, Faculty of Social Sciences, University of Guyana)