Caribbean development: an overview

Abstract

Reviews development in the Caribbean, especially since 1990 to the present, and highlights future development prospects. Author discusses 2 reports from 2005 on present developments problems in the Caribbean region: the economics-focussed 'A time to choose: Caribbean development in the 21st century' by the World Bank, and the UN ECLAC report 'The Millennium Development Goals: a Latin American and Caribbean perspective', with a broader, also social and political, development agenda. He relates what both reports recommend for the Caribbean on the basis of their evaluations of past development. The World Bank report advocates a move toward the services sector, including tourism, offshore education, ICT services, and health services as most viable. The ECLAC report notes some social and political advances in comparison to other developing countries, but also remaining problems and inequalities. The author finds that the World Bank report's neoliberal, one-size-fits-all approach is not mindful of specific Caribbean realities, while the ECLAC study is more sensitive to local realities, and espouses a mixed economy. He thus considers the ECLAC approach preferable, but argues that it needs to go further, as it excludes Cuba and Haiti as atypical states.

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