Barclay, Lou Anne; Henry, Ralph M.; James, Vanus N
Author Affiliation, Ana.
Department of Management Studies
Caribbean economies in the new international trading environment
The Caribbean economy: A reader
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Examines the ability of the Caribbean region to respond to the challenges posed by the new international trading environment. Further examines qualitative studies which focus on three sectors: Apparel in Jamaica and Trinidad and Tobago; Information Services in Barbados, St. Lucia and St. Kitts and Nevis; and Tourism in Jamaica. Notes that decision makers have failed to pay adequate attention to the needs of product and process diversification through intensive use of domestic capital. Concludes that industries such as apparel and information Services have locked the region in a low level trap. However, tourism in Jamaica, with its links to music and entertainment illustrates how domestic capital formation can contribute to transformation.....