Author Affiliation, Ana.
Processes of Regional Goverance: The agony of the fifteen
Social and Economic Studies
Date of Publication
The Caribbean Single Market and Economy (CSME) has been marketed as a 'one-size-fit-all' remedy to some of the serious macro-ecnomic problems facing countries of the region. To what extent is this proposition credible? This paper seeks to shed light on some of the logistical, political and macro-economic obstacles facing countires such as Jamaica, Haiti, Suriname, and Guyana that will inevitably ensure little effective participation in the CSME from these countries; because they are the larger territories, their ineffectiveness will greater limit the prospects of the CSME. Not least of all is the the issue of the outstanding programme of legislative work that remains to be done to allow all member countries fully participate in the process. The recent Privy Council ruling on Jamaica's participation in the Caribbean Court of Justice (CCJ) has opened a Pandora's box that limits the operation of the court. Appended to this is the intractability of th Caribbean Monetary Union (CMU) - a problematique that may well throw macro-economic coordination of members out the door thus relegating the CSME to the rung of ineffectiveness....