Abstract
This article explores economic growth performance of various Caribbean countries over a twenty-year period. Aspects of growth or decline of agricultural, industrial and service sectors are examined. In particular, the article seeks to provide an assessment of the impact of the agricultural sector on economic growth as measured by Simon Kuznets’ models and propositions in relation to agricultural product and labor contribution. General comparisons between the Caribbean countries and a sample of economies are provided. A central finding is that economic growth was minor during the period under consideration.
Similar content being viewed by others
Notes
Norman A. Graham and Keith L. Edward,The Caribbean Basin to the Year 2000: Demographic, Economic, and Resource-Use Trends in Seventeen Countries (Boulder, CO and London: Westview Press, 1988).
See note 1 above.
Antony J. Dolman, “Paradise Lost? The Past Performance and Future Prospects of Small Island Developing Countries,” in Edward Dommen and Philippe Hein (eds.),States, Microstates and Islands (London: Croom Helm, 1985), pp. 40–69.
World Bank,World Development Report 1986 (New York: Oxford University Press, 1986).
Michael P. Todaro,Economic Development in the Third World (New York: Long- man, 1985).
Jagdish N. Bhagwati, “Economic Structure: Regularities and Explanations,” in Gene Grossman (ed.),Wealth and Poverty: Essays in Development Economics, Volume 1, (Oxford: Basil Blackwell Ltd, 1985), pp. 73–78.
Alasdair I. MacBean and V. N. Balasubramanyam,Meeting the Third World Chal- lenge (London: The Macmillan Press Ltd, 1978).
Simon Kuznets, “Quantitative Aspects of the Economic Growth of Nations,”Eco- nomic Development and Cultural Change, Volume 4 (1959), pp. 3–111; Simon Kuznets, “Economic Growth and Contribution of Agriculture: Notes on Measurement,” in C. K. Eicher and L. W. Witt (eds.),Agriculture in Economic Development (New York: McGraw Hill, 1964), pp.102-119.
Agit Singh, “The Basic Needs Approach to Development vs. the New International Economic Order: The Significance of Third World Industrialization,”World Develop- ment, Volume 7 (1979), pp. 585–606.
H. B. Chenery and M. Syrquin,Patterns of Development, 1950-1970 (London: Oxford University Press, 1975); H. B. Chenery, and M. Syrquin, “A Comparative Anal- ysis of Industrial Growth,” in R. C. O. Mathews (ed.),Economic Growth and Resources, Vol.2: Trends and Factors (New York: Macmillan, 1980).
H. B. Chenery, S. Robinson, and M. Syrquin,Industrialization and Growth: A Comparative Study (New York: Oxford University Press, 1986).
Peter Hall,Growth and Development: An Economic Analysis (Oxford: Martin Robertson, 1983).
B. F. Johnson, “Agriculture and Structural Transformation in Developing Coun- tries: A Survey of Research,”Journal of Economic Literature, Volume 8 (1970), pp. 369–404.
Pan A. Yotopoulos and Jeffrey B. Nugent,Economics of Development Empirical Investigations (New York: Harper & Row, 1976), p. 260.
Subrata Ghatak and Ken Ingersent,Agriculture and Economic Development (Great Britain: Harvester Press, 1984).
Ankie M. Hoogvelt,The Third World in Global Development (London: Macmillan Education Ltd, 1982), p. 24.
James L. Dietz, “The Debt Cycle and Restructuring in Latin America,”Latin American Perspectives, Volume 16 (Winter 1989), p. 29.
Jeffery D. Sachs, “External Debt and Macroeconomic Performance in Latin Amer- ica and East Asia,”Brookings Papers on Economic Activity, Volume 2 (1985), pp. 523–573.
World Bank,World Development Report 1987 (New York: Oxford University Press, 1987), p. 265.
David F. Lomax,The Developing Country Debt Crisis (London: The Macmillan Press Ltd, 1987), p. 113.
Tim Congdon,The Debt Threat (Oxford: Basil Blackwell, 1988), p. 20.
Nigel Harris,The End of the Third World: Newly Industrializing Countries and the Decline of an Ideology (London: Penguin Group, 1988), p. 28.
World Bank,World Development Report 1988 (New York: Oxford University Press, 1988), pp. 256–257.
Arturo R. Guillen, “Crisis, the Burden of Foreign Debt, and Structural Depen- dence,”Latin American Perspectives, Volume 16 (Winter 1989), pp. 31–51.
Jeffery A. Rosensweig, “ Elasticities of Substitution in Caribbean Tourism, “Jour- nal of Development Economics, Volume 29 (July 1988), pp. 89–100.
About this article
Cite this article
Nissan, E. A measurement of economic growth for selected caribbean nations. Rev Black Polit Econ 18, 61–79 (1989). https://doi.org/10.1007/BF02895233
Issue Date:
DOI: https://doi.org/10.1007/BF02895233