Development, Political, and Economic Difficulties in the Caribbean
‘Don’t put all your eggs in one basket’, this has been a mantra passed down from generations to generations and can be applied to not only farms but an economy as well. A diversified economy creates a sustainable cycle of economic activity where new and established businesses can grow and feed of one another. However, over time, the heavy reliance on a primary resource has led to the non-diversification of some countries, leading them to fall into the trap of the ‘resource curse’.
This book is a collection of chapters from academics and scholars across different disciplines at the University of the West Indies, Trinidad and Tobago. The 15 chapters in this book focus on the attempts of various countries to diversify their economies and their societies in countries such as Trinidad and Tobago, Jamaica, Martinique, and Cuba. The skill sets of the various authors are cross-disciplinary.
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