Asset-Based Community Development as a Vehicle for Economic Diversification: Place-Based Strategies for Building Stronger Economies in the Caribbean
Economists are recognising the importance of building civic engagement and social capital as critical elements in the economic diversification for small island developing states (SIDS). Despite this understanding, the approach as to how to engage communities has evaded the discipline of economics. This chapter argues for the use of a social work approach to asset-based community development (ABCD) as a tool in the economic diversification in the Caribbean. Following a description of the main principles of the ABCD model, this chapter shows how ABCD can be applied to community-driven economic development. The chapter argues that the strength of the ABCD lies in its premise that people can participate in organising to drive the economic development process and create indigenous and innovative sustainable solutions in times of economic uncertainty.
- Abouchakra, Rabih, Chadi Moujaes, Marjen Najjar, and Richard Shediac. Economic Diversification: The Road to Sustainable Development. New York: Booz & Company Inc, 2008.Google Scholar
- Crowell, Cheryl. Asset Mapping as a Tool in Economic Development and Community Revitalization: A Case Study of New Richmond, Ohio. Cincinnati, OH: University of Cincinnati, Design, Architecture and Planning, 2008.Google Scholar
- Duxbury, Nancy, William Francis Garrett-Petts, and David MacLennan. Cultural Mapping as Cultural Inquiry. Vol. 13. London: Routledge, 2015.Google Scholar
- Dwarka, Ramdath. “The Diversification Challenge for Small Caribbean Economies.” Academic Journal of Suriname 2 (2011): 182–185.Google Scholar
- Easterly, W. The White Man’s Burden. New York: The Penguin Press, 2006.Google Scholar
- Kretzman, John P., and John L. McKnight. Building Communities from the Inside Out. Chicago, IL: ACTA Publications, 1993.Google Scholar
- McKnight, John L., and John Kretzman. “Assets-Based Community Development.” National Civic Review 85, no. 4 (2001): 23–29.Google Scholar
- Munasinghe, Mohan, and Rob Swart. Primer on Climate Change and Sustainable Development: Facts, Policy Analysis, and Applications. Vol. 3. Cambridge: Cambridge University Press, 2005.Google Scholar
- Reason, Peter, and Hilary Bradbury. The Sage Handbook of Action Research: Participatory Inquiry and Practice. Thousand Oaks: Sage, 2013.Google Scholar
- Saleebey, Dennis. The Strengths Perspective in Social Work Practice. 5th ed. New York: Pearson, 2008.Google Scholar
- State of Hawaii. Measuring Economic Diversification in Hawaii (2008). Accessed March 16, 2018. http://files.hawaii.gov/dbedt/economic/data_reports/EconDiversification/Economic_Diversification_Report_Final%203-7-08.pdf.
- Wallerstein, N., and B. Duran. “The Theoretical, Historical, and Practice Roots of CBPR.” In Community-Based Participatory Research for Health: From Process to Outcomes, ed. M. Minkler and N. Wallerstein, 25–46. San Francisco, CA: John Wiley & Sons, 2008.Google Scholar
- Zhang, L.-Y. “Economic Diversification and Sustainable Development: Linkages and Barriers”. United Nations Framework Convention on Climate Change. Accessed June 13, 2018. http://unfccc.int/files/adaptation/adverse_effects_and_response_measures_art_48/application/pdf/zhang_-_economic_diversification_and_sd_-_linkages_and_barriers.pdf.