Caribbean Political Economy at the Crossroads

With the approach of the 21st century, global changes are rendering the Caribbean's traditional economic platform obsolete. This text suggests that the expanding NAFTA or the hemispheric turn towards bloc formation may offer a solution. However, the author argues that politics must be brought back into the regionalization process, for each island government is witnessing the narrowing of the range of its state power by powerful TNCs, international financial institutions, Washington interests and corporate-backed WTO commissions.