Recent Trends in International Economic Relations of the Caricom States
Bibliographic Data
| ID | 4547516 |
|---|---|
| Authors | Anthony Peter Gonzales (University of the West Indies System, corresponding author) |
| Year | 1989 |
| Volume | 31 |
| Issue | 3 |
| Pages | 63-96 |
| Publication date | 1989-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Interamerican Studies and World Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0022-1937 • E-ISSN: 2162-2736 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.2307/165893 |
| OpenAlex | W2784320288 |
| Language | EN |
| Citations received | 2 |
| References cited | 1 |
At the time of independence, CARICOM states found themselves extremely dependent upon the international economy, in part a legacy from the economic structure developed during their colonial period and in part due to the small size of their economies. Similar to most third world countries at the time, these economies relied heavily on one or two mineral and/or agricultural export commodities for foreign exchange, government revenue and employment. Furthermore, the prices of these commodities were subject to the vagaries of the international market, making the market for their exports unstable to an untenable degree for these vulnerable price-takers. This highly dependent state also exhibited many other well-known characteristics of underdevelopment, such as low levels of human resource development, savings and investment, technological capacity, and foreign exchange earnings
Earnings · Economic growth · Economic policy · Economics · Foreign direct investment · Foreign exchange · Government (linguistics) · Independence (probability theory) · International economics · International trade · Investment (military) · Macroeconomics · Market economy · Monetary economics · Political science · Politics · Revenue · State (computer science) · Underdevelopment · Finance · Historical Studies in Central America · History and Politics in Latin America · International Relations in Latin America
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,07 |
| Citation span | 1997 - 2000 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |