Contemporary Challenges for Caribbean Economies PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Contemporary Challenges for Caribbean Economies PDF full book. Access full book title Contemporary Challenges for Caribbean Economies by Terence M. Yhip. Download full books in PDF and EPUB format.
Author: Terence M. Yhip
Publisher: Palgrave Macmillan
ISBN: 9783031574917
Category : Business & Economics
Languages : en
Pages : 0
Get Book
Book Description
The COVID-19 pandemic laid bare economic weaknesses throughout the Caribbean region, and humane standards of living are at risk. This book highlights the retooling that must be done to promote economic stability in this important area of the world. It contributes to ongoing discourse regarding Caribbean economies and highlights the long-term issues that must be addressed to move forward. Today’s economic challenges are more complex than ever before. If nations continue to seek economic growth using outdated methods, there will not be progress. Economists Terence Yhip and Brian Alagheband provide new ways to promote economic stability throughout the Caribbean, offering ideas and proposals to reinvigorate economic growth through the adoption of technology and investment in human capital. With these new priorities, raising total factor productivity is the strongest objective if the goal is to accelerate GDP per capita. The countries are debt-strapped; heavy foreign borrowing is not a viable option. Technology and innovation are driving economic growth, and Caribbean countries need access to digital and digitized resources today. Economic issues in this region cannot be addressed and solved without intervention, and it is essential for governments to focus on the shifting landscapes today. The book offers strategies to diversify the production and export of complex goods and services. The authors note that the necessary capabilities can take nations decades to build. Such investment will require trade-offs and sacrifice. Progress cannot and will not be immediate, but such modifications will produce meaningful economic returns. The book includes a chapter on Guyana, a rising economic “superstar” due to the nation’s oil. Questioning whether oil will cure or worsen economic and political problems, the authors examine the persistence of racial divisions and the curseof non-renewable resource.
Author: Terence M. Yhip
Publisher: Palgrave Macmillan
ISBN: 9783031574917
Category : Business & Economics
Languages : en
Pages : 0
Get Book
Book Description
The COVID-19 pandemic laid bare economic weaknesses throughout the Caribbean region, and humane standards of living are at risk. This book highlights the retooling that must be done to promote economic stability in this important area of the world. It contributes to ongoing discourse regarding Caribbean economies and highlights the long-term issues that must be addressed to move forward. Today’s economic challenges are more complex than ever before. If nations continue to seek economic growth using outdated methods, there will not be progress. Economists Terence Yhip and Brian Alagheband provide new ways to promote economic stability throughout the Caribbean, offering ideas and proposals to reinvigorate economic growth through the adoption of technology and investment in human capital. With these new priorities, raising total factor productivity is the strongest objective if the goal is to accelerate GDP per capita. The countries are debt-strapped; heavy foreign borrowing is not a viable option. Technology and innovation are driving economic growth, and Caribbean countries need access to digital and digitized resources today. Economic issues in this region cannot be addressed and solved without intervention, and it is essential for governments to focus on the shifting landscapes today. The book offers strategies to diversify the production and export of complex goods and services. The authors note that the necessary capabilities can take nations decades to build. Such investment will require trade-offs and sacrifice. Progress cannot and will not be immediate, but such modifications will produce meaningful economic returns. The book includes a chapter on Guyana, a rising economic “superstar” due to the nation’s oil. Questioning whether oil will cure or worsen economic and political problems, the authors examine the persistence of racial divisions and the curseof non-renewable resource.
Author: Colin Cannonier
Publisher: Springer Nature
ISBN: 3030988651
Category : Business & Economics
Languages : en
Pages : 310
Get Book
Book Description
The Caribbean economy remains a region with many paradoxes. Despite a relative abundance of natural and valuable resources, including its people, large segments of the region still grapple with significant levels of debt, environmental degradation, high unemployment in the formal sector, climate change, limited progress in technological innovation, increasing energy costs, remittance dependency, tourism dependency, loss of correspondent banking relations, exchange rate, noncommunicable diseases, and domestic politics to name more than a few. The poorest countries still lag and remain far more vulnerable to external factors related to trade and global financial sector issues. This edited volume takes a closer look at the contemporary issues related to the economies of the Caribbean. The book provides an added dimension in that each of the chapters includes the contributions of a scholar with lived experiences in and knowledge of the region. Indeed, the book underscores the detailed evidence-based research and perspectives on topics providing insights into the current landscape of the Caribbean. Ultimately, understanding the Caribbean in its varied contexts is an important milestone in pursuing policies that will contribute to flourishing economies replete with sustained growth and development.
Author: Nikolaos Karagiannis
Publisher: Business Expert Press
ISBN: 1631575635
Category : Business & Economics
Languages : en
Pages : 150
Get Book
Book Description
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.
Author: Rupert Rhodd
Publisher: Garaibooks
ISBN: 9781587367878
Category : Business & Economics
Languages : en
Pages : 256
Get Book
Book Description
As academics, whenever we wanted information on the business or economic aspects of the Caribbean, there was comparatively very little available and accessible. What we found was often incomplete or fragmented, and this was after an extensive search of print documents, electronic records, and sources in the Caribbean countries. So although we wanted to encourage our students and colleagues to take an interest in the Caribbean, we were very limited in the sources we could suggest and in the scope and nature of the projects. After many years of commiserating the dearth of information on the Caribbean, we decided to be proactive and to add to the scholarly literature on business and economics in the Caribbean. This book is aimed at introducing students and scholars to the Caribbean economic literature.
Author: Robert B. Potter
Publisher: Routledge
ISBN: 1317875990
Category : Science
Languages : en
Pages : 524
Get Book
Book Description
This text focuses on the contemporary economic, social, geographical, environmental and political realities of the Caribbean region. Historical aspects of the Caribbean, such as slavery, the plantation system and plantocracy are explored in order to explain the contemporary nature of, and challenges faced by, the Caribbean. The book is divided into three parts, dealing respectively with: the foundations of the Caribbean, rural and urban bases of the contemporary Caribbean, and global restructuring and the Caribbean: industry, tourism and politics.
Author: Vinaya Swaroop
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 36
Get Book
Book Description
May 1996 The public sector's performance in the Caribbean varies, in reducing poverty and in creating an enabling environment for growth. Barbados and the Bahamas have been the high performers, Guyana and the Dominican Republic have been sluggish, and the other Caribbean countries fall in between. In the Caribbean region, the public sector is now the predominant provider of tertiary education and health services (university education and hospital-based curative care), which mainly benefit the nonpoor. Attempts must be made to recover costs from high-income users and use that revenue to improve the quality and quantity (as appropriate) of basic services. Lessons from experience suggest that most Caribbean countries need to encourage the private sector to participate more in providing infrastructure and need to provide a better regulatory framework. The good news: this is already taking place in many countries.
Author: Mr.Krishna Srinivasan
Publisher: International Monetary Fund
ISBN: 1484322150
Category : Business & Economics
Languages : en
Pages : 33
Get Book
Book Description
This book provides a diagnosis of the central economic and financial challenges facing Caribbean policymakers and offers broad policy recommendations for promoting a sustained and inclusive increase in economic well-being. The analysis highlights the need for Caribbean economies to make a concerted effort to break the feedback loops between weak macroeconomic fundamentals, notably pertaining to fiscal positions and financial sector strains, and structural impediments, such as high electricity costs, limited financial deepening, violent crime, and brain drain, which have depressed private investment and growth. A recurring theme in the book is the need for greater regional coordination in finding solutions to address the Caribbean’s shared and intertwined macroeconomic and structural challenges. The analysis suggests that strengthening regional and global market integration of Caribbean economies would provide an impetus to sustained growth in incomes and jobs. Greater regional and global economic integration would also facilitate structural transformation and a shift toward new economic activities, resulting in more diversified and less vulnerable economies. A central challenge for the Caribbean is thus to come together as a region, overcome the limitations posed by size, and garner the benefits of globalization. Efforts should build on existing regional arrangements; accelerating progress in implementing these agreements would stimulate trade. Policymakers could also promote deeper integration with Latin America and the rest of the world by pursuing new trade agreements, leveraging current agreements more effectively, or deepening them to include areas beyond traditional trade issues, and developing port and transport infrastructure.
Author: Nikolaos Karagiannis
Publisher: Business Expert Press
ISBN: 1631575554
Category : Business & Economics
Languages : en
Pages : 114
Get Book
Book Description
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.
Author: Raymond Mark Kirton
Publisher: Rowman & Littlefield
ISBN: 1793655790
Category : Political Science
Languages : en
Pages : 185
Get Book
Book Description
As the Caribbean and Latin America confront the significant socio- economic and political challenges of the twenty- first century, the contributors to this book present a timely and relevant assessment of these issues, from a fresh small-states perspective. The collection of articles by academics and practitioners in international relations offer practical recommendations for greater collaboration among the states in areas related to migration, cooperation among states in the Guiana Shield, greater interaction between Cuba and the wider Caribbean, the impact of transnational crime, and human safety and security, among others. This book is geared to attract a wide audience, ranging from scholars, practitioners and students of the social security sciences especially in political science, international relations and sociology, and will also be valuable to the wider audience with interest in the contemporary issues confronting Caribbean and Latin American states.
Author: Sylvia Charles
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 136
Get Book
Book Description
