The Caribbean Small States

Paper Summary:

This paper examines the problems of globalization and the implications of globalization for the small Caribbean states. It looks at how information technology and the liberalization of markets are expected to accelerate in the twenty-first century and how the small states of the Caribbean must respond effectively to these changes and challenges if they are to participate productively in the emerging global economy.
Outline
Introduction/Preface
Introduction to the Study
21st Century Challenges
Globalization
Deficits of Small Caribbean States
Regional Integration As A Solution
Introduction Endnotes
Chapter I ? Small States and Regional Integration
in the Caribbean
Introduction
Defining Small States
Defining Small Caribbean States
Theories of Integration
Integration in the Caribbean
Chapter Summary and Conclusion
Chapter Endnotes
II ? Challenges in the Global Environment for Small Caribbean States
Introduction
Evolving Global Environment and Implications For CARICOM
Treaties and Protocols Affecting Small Caribbean States
WTO and Small Caribbean States
CBI, CARIBCAN, FTAA, NAFTA, and Small Caribbean States
Chapter Summary and Conclusion
Chapter Endnotes
III ? Problems And Opportunities For
Small Caribbean States
Introduction
Internal Deficits in Small Caribbean States
Opportunities for Small Caribbean States
Chapter Summary and Conclusion
Chapter Endnotes
IV ? Prospects for the Future for Small Caribbean States
Introduction
Economic and Political Outlook for Small Caribbean States
The Drug Trade Issue
International Aid and Small
Caribbean States
Chapter Summary and Conclusion
Chapter Endnotes
V ? Regional Integration as an Imperative For Small Caribbean States
Introduction
Regional Integration As An Imperative
Pitfalls of Integration
Caribbean and Latin American Generally
Legacy of Colonialism
Study Conclusion
Chapter Endnotes
Bibliography

From the Paper:

"In 1980, a report to the Caribbean Common Market Council of Ministers by a "Group of Caribbean Experts," concluded that while CARICOM had achieved some meaningful levels of integration, the level of integration attained was insufficient to serve as a basis for effective participation in the global economy. The most serious breaches involved failures to observe trading rules; however, many other challenges were not addressed by the organization. By 1992, however, the West Indian Commission concluded that the number of functioning regional organizations in the CARICOM family numbered an "impressive" 200. The Commission concluded also, however, that the test will be "whether or not this Community of Member States has matured to a degree where it can accept temporary member difficulty, and even pain, without drawing back, in order to move towards a Community of closer union for the larger and longer-term benefit.""

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