The Challenge of Structural Adjustment in the Commonwealth Caribbean


Book Description

This work analyzes recent economic performance in the Commonwealth Caribbean by examining the IMF/World Bank Structural Adjustment Package and its relation to the deteriorating economic and social conditions in this part of the world. Ramesh F. Ramsaran not only takes a critical look at structural adjustment as it has been applied in the Caribbean but also examines recent structural adjustment theory in general and some of its contradictions in practice. Ramsaran argues that if structural adjustment programs are to be effective with minimum social cost, their design must take into account the specific conditions of individual countries. This argument against the general application of policies and principles remains firm, despite the fact that international aid agencies in the 1980s did find general guidelines useful in particular situations. His analysis will be of interest to scholars and policy-makers in international and development economics and international finance and trade.







The Challenge of Structural Adjustment in the Commonwealth Caribbean


Book Description

This work analyzes recent economic performance in the Commonwealth Caribbean by examining the IMF/World Bank Structural Adjustment Package and its relation to the deteriorating economic and social conditions in this part of the world. Ramesh F. Ramsaran not only takes a critical look at structural adjustment as it has been applied in the Caribbean but also examines recent structural adjustment theory in general and some of its contradictions in practice. Ramsaran argues that if structural adjustment programs are to be effective with minimum social cost, their design must take into account the specific conditions of individual countries. This argument against the general application of policies and principles remains firm, despite the fact that international aid agencies in the 1980s did find general guidelines useful in particular situations. His analysis will be of interest to scholars and policy-makers in international and development economics and international finance and trade.










Storm Signals


Book Description

Reviews trends since 1980 and identifies priorities for the 1990s.




The Commonwealth Caribbean in the World Economy


Book Description

The Centre for Caribbean Studies at the University of Warwick was founded in 1984 in order to stimulate interest and research in a region which is only now beginning to receive academic recognition in its own right. In addition to the publication of the papers from annual symposia which reflect the Centre's comparative and interdisciplinary approach, other volumes in the series are published in disciplines within the arts and social sciences.




Dependency Under Challenge


Book Description

Articles on development theory and the economic policy of dependence in the Commonwealth Caribbean - examines political developments in Jamaica (democratic socialism), Trinidad and Tobago (oil capitalism), Guyana, (cooperative socialism), and Grenada (the New Jewel Revolution); discusses regional level economic integration, industrial planning and CARICOM; studies international relations with USA, UK, EC, and Latin America; and the role of the Commonwealth Caribbean in a New International Economic Order. Map.




Policy Reform for Sustainable Development in the Caribbean


Book Description

The Caribbean countries, and many other Third World countries in Latin America, Asia and Africa, have been under the yoke of structural adjustment measures for more than a decade. Numerous studies have addressed the inequality of North-South relations, the lack of transparency in negotiations that have led to the signature of agreements, the absence of a clear definition of responsibilities of the parties engaged, the inadequacy and inadaptation of policies with regard to the socio-cultural context, and especially the refusal to take into account the social demands of the most deprived. The criticisms formulated in this book can only find a beginning of solutions by the setting up of a solid administrative organization in which the public officials are made accountable and who, once aware of the national and international stakes, can confront the constraints involved in State/international negotiation relations. The book is a very rich presentation of the concept and the problems of structural adjustment and institutional development in the developing countries. Beside the impressive introduction and the convincing conclusion, the articles on these prerequisites for institutional sustainability present the most important empirical research results. The contents is a clear description of problems, failures and results in institutional reforms.