10 Steps to Chronic Underdevelopment

10 Steps to Chronic Underdevelopment

Amidst the clarion calls signalling impending doom for CARICOM economies, one cannot help but look inward at the endogenous factors that have contributed to the current economic environment in an effort to refocus Rodney’s ground-breaking thesis. The question to be answered in this iteration of Rodney’s notion is this: how did the Caribbean under-develop itself?

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The e-Development of the Caribbean Series: Part One - A brief look at e-Commerce

The e-Development of the Caribbean Series: Part One - A brief look at e-Commerce

E-commerce can be loosely defined as the buying and selling of goods and services on the Internet. This e-service comes in various forms: Business to Business (B2B), Business-to-Consumer (B2C), Consumer-to-Business (C2B) and Consumer-to-Consumer (C2C). Since its introduction some four decades ago, this industry has enjoyed an explosive growth, resulting in significant economic development and returns to nations that have tapped into its market. In fact, it is reported that e-commerce sales topped US$1 Trillion on 2012, with the main earners being Asia-Pacific, North America and Western Europe [¹]. Other advantages of e-commerce include: overcoming geographical limitations, lowering costs, elimination of travel time and cost, creating markets for niche products, and improvement in customer service [²].

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Should We Seek Reparations from Europe

Should We Seek Reparations from Europe

At a lecture entitled "Britain's Black Debt: Reparations Owed to the Caribbean for Slavery and Indigenous Genocide", Sir Hilary Beckles, Principal of the Cave Hill Campus of the University of the West Indies, urged CARICOM countries to seek reparation from Europe for the atrocities of slavery. Sir Hilary went on to say that seeking reparations is not about seeking handouts, but about "repairing historical damage and finding a way forward". 

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