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Development Banking in the Eastern Caribbean
This document examines the Saint Lucia Development Bank and the Grenada Development Bank. In an attempt to place the examination of the Development Banks in some context, the examination begins with a discussion of the origins of developing banking in general. It then proceeds to look specifically at the emergence of development banking in Saint Lucia and Grenada.
Caribbean Economies and Global Restructing
The papers in this volume address the challenges faced by small economies of the Caribbean by requirements to reduce tarrif barriers, the demise of preferential market access to North America and Europe and the rapid decline in overseas development assistance.
Corporate versus National Interest in US Trade Policy
This book provides a history of the WTO US-EU banana dispute through the lens of a major actor: the US-owned multinational firm, Chiquita Brands International. It documents and explains how Chiquita succeeded in having the Clinton administration pursue a trade policy of forcing the European Union to dismantle its preferential banana import regime for exports from the small English-speaking Caribbean (ESC) countries. The export of bananas was critically important to the social stability and economic viability of these countries and that was in the national security interest of the United States. The experience indicates that succeeding in this goal was detrimental to U.S. national security interest in the Caribbean.
The Political Ecology of Bananas
This study of banana contract farming in the Eastern Caribbean explores the forces that shape contract-farming enterprises everywhere--capital, the state, and the environment. Employing the increasingly popular framework of political ecology, which highlights the dynamic linkages between political-economic forces and human-environment relationships, Lawrence Grossman provides a new perspective on the history and contemporary trajectory of the Windward Islands banana industry. He reveals in rich detail the myriad impacts of banana production on the peasant laborers of St. Vincent and the Grenadines. Grossman challenges the conventional wisdom on three interrelated issues central to contract f...
Surviving Small Size
In 1987 St. Vincent's Prime Minister James Mitchell called on his fellow Prime Ministers in the Eastern Caribbean to merge their separate countries into a single state. He argued that individually they had exhausted the possibilities of separate independence and they could only pursue regional and international development and indeed economic survival by pooling their scarce resources to combat common problems. By the end of the year all the Leeward Islands rejected the initiative although it remained very much alive among the governments of the Windward chain, Grenada, St. Vincent and the Grenadines, St. Lucia and the Commonwealth of Dominica. During the next eight years, efforts of the Windward Islands to merge were debated but the initiative for unification ultimately died. Through extensive interviews and analyses of primary documents, Lewis paints a compelling picture of island and regional jealousies and conflicting economic priorities, which prevented the Windward and Leeward Islands from cooperating and which ultimately destroyed the movement for political unification in the Windwards. Ultimately, the unification movement failed because the process was dominated by elites a
Slipping Away
During the 1990s, the Eastern Caribbean was caught in a bitter trade dispute between the US and EU over the European banana market. When the World Trade Organization rejected preferential access for Caribbean growers in 1998 the effect on the region’s rural communities was devastating. This volume examines the “banana wars” from the vantage point of St. Lucia’s Mabouya Valley, whose recent, turbulent history reveals the impact of global forces. The author investigates how the contemporary structure of the island’s banana industry originated in colonial policies to create a politically “stable” peasantry, followed by politicians’ efforts to mobilize rural voters. These politic...
Revisiting Caribbean Labour
"This retrospective on past Caribbean labour struggles provides the beginnings of a region-wide comparative perspective. Extending initial insights from the Anglophone to the Hispanic Caribbean, and from the momentous upheavals of the 1930s to the present, the essays examine the pivotal role which labour has played, and continues to play, in shaping not only the political culture of the region and its history, but also its domestic and social organization. Moreover, the essays tease out many of the activities and much of the activism which has been obscured not only by biases in the historical record, but by those of the labour leadership. Thus, the role of women in labour and revolutionary activities, and the role of memory on historical consciousness and contemporary activism are crucially brought to the surface. Revisiting Caribbean Labour is written o provide today s Caribean labour movements with an understanding of their history that can help them more effectively face the challenges of today. It is an expansion and tribute to the work of O. Nigel Bolland on the British Caribbean. "
Grenada Documents
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