Towards an Alternative Industrial and Trade Profile for Caribbean Economies
The Challenge of the Developmental State Approach
Nikolaos Karagiannis, Debbie A. Mohammed and Jessica M. Bailey
Summary
Chapter 2 assesses the industrial and trade performance of Caribbean economies since the 1950s. Available evidence reveals that the industrial and trade performance of Caribbean territories has been weak and highly unstable. Looking for realistic solutions while mitigating policy failures, the authors advance a developmental state argument as a solid framework capable of supporting selected growth industries in the region while leaving space for stimulating further social and political development.
Introduction
The political economy of development ...
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