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This informative book brings a fresh perspective to the continuing debate about globalization and regionalization in the global political economy and the ways in which state policy, in both developed and developing countries, shapes the patterns of economic integration and competitiveness among participating countries and firms. Focusing on the United States and the Caribbean, the book traces the advent and subsequent growth of production sharing between outsourcing textile, apparel firms and assembly operations located in specially designated export processing zones. This case study allows a number of broad conclusions to be reached regarding the political economy of production sharing that will inform the work of those in the fields of international and comparative political economy, development studies and business and management.
The beautiful Caribbean basin is fertile ground for a study of capitalism past and present. Transnational corporations move money and labor around the region, as national regulations are reworked to promote conditions benefiting private capital. Globalizing the Caribbean offers a probing account of the region’s experience of economic globalization while considering gendered and racialized social relations and the frequent exploitation of workers. Jeb Sprague focuses on the social and material nature of this new era in the history of world capitalism. He combines an historical overview of capitalism in the region with theoretical analysis backed by case studies. Sprague elaborates upon the role of class formation and the restructuring of local states. He considers both U.S. hegemony, and how various upsurges from below and crises occur. He examines the globalization of the cruise ship and mining businesses, looks at the growth of migrant labor and reverse flow of remittances, and describes the evolving role of export processing and supranational associations. In doing so, Sprague shows how transnationally oriented elites have come to rule the Caribbean, and how capitalist globalization in the region occurs alongside shifting political, institutional, and organizational dynamics.
This volume provides the first comprehensive assessment of post-Cold War US-Caribbean relations. Focusing on Haiti, the Dominican Republic and Trinidad-Tobago, the book looks at the political history of the region during the Cold War years, the region's current political economy, international security, and issues of migration and crime. Spanning the Caribbean's linguistic and cultural sub regions (Spanish, French, English, and Dutch) it calls attention to the achievements, setbacks, and concerns that are common to the region. The United States and the Caribbean will be of interest to students and scholars of economics, geography and politics and international relations in general.
Studies of the global political economy have rarely engaged with development in the Caribbean, the thought of its indigenous intellectuals, or the non-sovereign territories of the region. Matthew Bishop compares the development of the independent English-speaking islands of St Lucia and St Vincent and their non-sovereign French neighbours, Martinique and Guadeloupe. By explaining how distinctive patterns of British and French colonialism and decolonisation came to bear on them, he investigates how very different patterns of development have subsequently ensued, often with startling consequences in this era of globalization and crisis. By engaging with the empirical reality of the Caribbean, his study sheds light on a range of wider debates relating to development, indigenous thought, post-colonial sovereignty, small states, and the contemporary evolution of the global political economy.
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].
In this innovative new book, economists from U.S. and Puerto Rican institutions address a range of major policy issues affecting the islands economic development. To frame the current situation, the contributors begin by assessing Puerto Ricos past experience with various growth policies.
This volume aims to illustrate the uniqueness of the economies of the countries and territories of the Caribbean as well as the similarities they share with other regions. While most countries in the region share many of the characteristics of middle-income countries, theirs is a matter of extremes. Their generally small size suggests a fragility not found elsewhere. While much of the world is beginning to feel some effects of climate change, the Caribbean is ground zero. These factors suggest a difficult road ahead, but the chapters presented in this volume aim to help to spur the search for creative solutions to the region’s problems. The chapters, written by expert contributors, examine the Caribbean economies from several perspectives. Many break new ground in questioning past policy mindsets, while developing new approaches to many of the traditional constraints limiting growth in the region. The volume is organized in four sections. Part I examines commonalities, including issues surrounding small economies, tourism, climate change and energy security. Part II looks at obstacles to sustained progress, for example debt, natural disasters and crime. In Part III chapters consider the specific role of external influences, including the USA and the European Union, the People's Republic of China, as well as regional co-operation. The volume concludes in Part IV with country case studies intended to provide a sense of the diversity that runs through the region.
Reveals how the expanding world-system entangled the non-Western world in global economies, yet did so in ways that were locally articulated, varied, and, often, non-European in their expression. This interdisciplinary volume brings together a richly substantive collection of case studies that examine European-indigene interactions, economic relations, and their materialities in the formation of the modern world. Research has demonstrated the extent and complexity of the varied local economic and political systems, and diverse social formations that predated European contact. These preexisting systems articulated with the expanding European economy and, in doing so, shaped its emergence. Moving beyond the confines of national or Atlantic histories to examine regional systems and their historical trajectories on a global scale, the studies within this volume draw examples from the Caribbean, Mesoamerica, North America, South America, Africa, and South Asia. While the contributions are rooted in substantive studies from different world areas, their overarching aim is to negotiate between global and local frames, revealing how the expanding world-system entangled the non-Western world in global economies, yet did so in ways that were locally articulated, varied and, often, non-European in their expression.
This informative book brings a fresh perspective to the continuing debate about globalization and regionalization in the global political economy and the ways in which state policy, in both developed and developing countries, shapes the patterns of economic integration and competitiveness among participating countries and firms. Focusing on the United States and the Caribbean, the book traces the advent and subsequent growth of production sharing between outsourcing textile, apparel firms and assembly operations located in specially designated export processing zones. This case study allows a number of broad conclusions to be reached regarding the political economy of production sharing that will inform the work of those in the fields of international and comparative political economy, development studies and business and management.
The link between private corporations and U.S. world power has a much longer history than most people realize. Transnational firms such as the United Fruit Company represent an earlier stage of the economic and cultural globalization now taking place throughout the world. Drawing on a wide range of archival sources in the United States, Great Britain, Costa Rica, and Guatemala, Colby combines "top-down" and "bottom-up" approaches to provide new insight into the role of transnational capital, labor migration, and racial nationalism in shaping U.S. expansion into Central America and the greater Caribbean. The Business of Empire places corporate power and local context at the heart of U.S. imperial history. In the early twentieth century, U.S. influence in Central America came primarily in the form of private enterprise, above all United Fruit. Founded amid the U.S. leap into overseas empire, the company initially depended upon British West Indian laborers. When its black workforce resisted white American authority, the firm adopted a strategy of labor division by recruiting Hispanic migrants. This labor system drew the company into increased conflict with its host nations, as Central American nationalists denounced not only U.S. military interventions in the region but also American employment of black immigrants. By the 1930s, just as Washington renounced military intervention in Latin America, United Fruit pursued its own Good Neighbor Policy, which brought a reduction in its corporate colonial power and a ban on the hiring of black immigrants. The end of the company's system of labor division in turn pointed the way to the transformation of United Fruit as well as the broader U.S. empire.