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The Blue Economy is emerging on the global scene as a powerful and persuasive new concept for sustainable development based on economic activities associated with the ocean. Several regions globally have adopted this concept at national and regional levels, including the Caribbean. Given the complex, multisectoral and multilevel nature of the Blue Economy, it is clear that different approaches will be needed for different regions. Hence, this volume explores the opportunities, threats and risks involved in operationalising the Blue Economy in the Wider Caribbean Region, defined as northern Brazil to the USA and all mainland and island countries and territories in-between. The first part of the book looks at where the region stands in the global picture regarding adoption of the Blue Economy and what is planned. The second set of chapters examines key crosscutting issues such as ecosystem services, climate change and governance at national and regional levels that could make or break the Blue Economy initiative. The book then goes on to explore the main sectoral activities that will constitute the Blue Economies in the region: fisheries, tourism, shipping and transport, renewable energy, oil and gas, seabed mining and waste management are all considered. The book ends with a synthesis of the political and technical requirements to overcome threats and take advantage of opportunities in the Blue Economy.
This is a study of resource sustainability and Caribbean development.
In his influential and widely debated Capitalism and Slavery, Eric Williams examined the relation of capitalism and slavery in the British West Indies. Binding an economic view of history with strong moral argument, his study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that has set the tone for an entire field. Williams’s profound critique became the foundation for studies of imperialism and economic development and has been widely debated since the book’s initial publication in 1944. The Economic Aspect of the Abolition of the West Indian Slave Trade and Slavery now makes available in book form for the first time his dissertation, on which Capitalism and Slavery was based. The significant differences between his two works allow us to rethink questions that were considered resolved and to develop fresh problems and hypotheses. It offers the possibility of a much deeper reconsideration of issues that have lost none of their urgency—indeed, whose importance has increased.