1. Introduction – 2 Lectures
1.1 Course outline
1.2 OurVLE
2. Economic Development: Theory and Policy – 3 Lectures
2.1 Economic development
2.2 Basic concepts:
a. Strategy
b. Policy
c. Project
d. Programme
e. Plan
2.3 Introduction to Caribbean economy
Levitt, Kari (1996) ‘From Decolonization to Neo-liberalism: What have we Learned about
Development?’ in Kari Levitt and Michael Witter, eds, The Critical Tradition of Caribbean Political
Economy, Kingston: Ian Randle Publishers.
Martinussen, John (1997) Society, State and Market: A Guide to Competing Theories of Development, London: Zed Books, (Chapters 1 and 2)
Thomas, Clive (1996) ‘The Crisis of Development Theory and Practice: A Caribbean Perspective’ in Kari Levitt and Michael Witter, eds, The Critical Tradition of Caribbean Political Economy, Kingston: Ian Randle Publishers.
Todaro, Michael and Stephen Smith (2006), Economic Development, Pearson Addison-Wesley: Essex (Chapter 1)
3. Historical review of development strategies and their theoretical bases – 4 lectures
3.1 Colonial – Moyne Commission
Thomas, Clive Y. (1998) (CYT), The Poor and the Powerless. Economic Policy and Change in the Caribbean, New York Monthly Review Press. Part 2 Chapter 4.
3.2 Lewis – Economic Development with unlimited supplies of labour
Lewis, W. Arthur, “The Industrialization of the British West Indies”, Section 1 Chapter 1 in Dennis Pantin (Ed.), The Caribbean Economy: A Reader. Ian Randle Publishers, 2005.
CYT, Part 2 Chapter 5.
Bernal R., M. Figueroa, M. Witter, “Caribbean Economic Thought: The Critical Tradition”, in Social and Economic Studies, Vol. 33, No. 2 1984.
3.3 Plantation Economy – Best, Beckford, Girvan.
Best, Lloyd, “A Model of Pure Plantation Economy” Section 1 Chapter 2 in Dennis Pantin (Ed.), The Caribbean Economy: A Reader. Ian Randle Publishers, 2005.
Girvan, N. “The Development of Dependency Economics in the Caribbean and Latin America: Review and Comparison”, in Social and Economic Studies, Vol. 22 No. 1, March 1973
3.4 Radical/Marxist – Thomas, Beckford-Witter
Bernal R., M. Figueroa, M. Witter, “Caribbean Economic Thought: The Critical Tradition”, in Social and Economic Studies, Vol. 33, No. 2 1984.
CYT, Part 3 Chapter 11
Kirton, C. 1986. Public Policy and the Private Sector in the Transition to Socialism: Grenada, 1979 – 1983. Transition. 16: 19-36. Also published in 1988 in Social and Economic Studies, September, 37 (3): 125 – 150.
Payne, Anthony and Paul Sutton, “Charting Caribbean Development”, Warwick University Caribbean Studies, Macmillan Education Ltd, London and Oxford, 2001, Ch. 2 and 3 (Henceforth referred to as P&S).
3.5 Neo-Liberal - IMF, World Bank
P&S Ch.4
World Bank, A Time to Choose: Caribbean Development in the 21st Century. Chapters 1, 3 and 4. Washington D.C. 2005.
3.6 Sustainable Development - UNDP
Agenda 21, http://www.un.org/esa/sustdev/documents/agenda21/index.htm
Barbados/SIDS Programme of Action, http://www.sidsnet.org/
P&S, Introduction, P. 1-29
4. Selected economic, social, and environmental policies – 3 Lectures
4.1 Economic
a. Trade
b. Growth
c. Macroeconomic stabilization
d. Employment
e. Technology
4.2 Social
a. Health
b. Education
c. Children
4.3. Environmental
Todaro, Michael and Stephen Smith (2006), Economic Development, Pearson Addison-Wesley: Essex (Chapters 10)
Martinussen, John (1997) Society, State and Market: A Guide to Competing Theories of Development, London: Zed Books, (Chapter 11)
Dennis Pantin (Ed.), The Caribbean Economy: A Reader. Section 5, Chapters 25 and 27. Ian Randle Publishers, 2005.
Freckleton, Marie and Nikolaos Karagiannis, “Development Policy Options for CARICOM in an era of Free Trade”, Chapter 6 in Nikolaos Karagiannis and Michael Witter (Eds.) The Caribbean Economy in an era of Free Trade. Ashgate Publishing Ltd, England, 2004.
Todaro, Michael and Stephen Smith (2006), Economic Development, Pearson Addison-Wesley: Essex (Chapters 12 and 13)
Witter, Michael, “Prospects for Jamaica’s Economic Development in the era of the FTAA”, Chapter 9 in Nikolaos Karagiannis and Michael Witter (Eds.) The Caribbean Economy in an era of Free Trade. Ashgate Publishing Ltd, England, 2004.
5. Economic Integration – 6 Lectures
Brewster, Havelock and Clive Y. Thomas, “A Strategy for Economic Integration of the West Indies” Section 5, Chapter 23 in Dennis Pantin (Ed.), The Caribbean Economy: A Reader. Ian Randle Publishers, 2005.
Caribbean Community (CARICOM) (2006). Caribbean Trade and Investment Report, 2005. Guyana, 2006. Part One Chs. III and IV
CARICOM Secretariat (2005) CARICOM: Our Caribbean Community, Kingston: Ian Randle Publishers, (Chapters 2 & 6)
Girvan, N. “Towards a Single Economy and a Single Development Vision”, CARICOM Secretariat. May 2007.
6. Economic Partnership Agreement (EPA) – 2 Lectures
Norman Girvan, "Implications of the Cariforum-EC EPA", http://www.normangirvan.info/wp-content/uploads/2008/01/girvanimplicationsepa10jan.pdf
Commentaries on the EPA - http://www.normangirvan.info/category/papers/epa-resources/
7. Remittances and Economic Development – 4 Lectures
Kirton, Claremont. (2005) Remittances: The Experience of the English-speaking Caribbean. Chapter 11 in Donald F. Terry and Steven R. Wilson (Editors). Beyond Small Change. Making Migrant Remittances Count. IADB, Washington D.C.
Bascom, Wilbert (1990) Remittances Inflows and Economic Development in Selected Anglophone Caribbean Countries . Working Paper No. 58. Commission for the Study of International Migration and Co-operative Economic Development, Washington, D.C.
Samuel, Wendel (1996) The Contribution of Remittances to Social and Economic Development in the Caribbean. Eastern Caribbean Central Bank (ECCB), St Kitts.
Kirton, Claremont and Georgia McLeod (2007). Remittances to CARICOM Countries: Policy Issues and Options. Global Development Studies, Volume Four. Winter 2006 – Spring 2007, Nos. 3-4.
14 January 2008
