The Legacy of Colonialism and the Economic Issues Facing Caribbean Countries

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Essay #: 054393
Total text length is 6,051 characters (approximately 4.2 pages).

Excerpts from the Paper

The beginning:
The Legacy of Colonialism and the Economic Issues Facing Caribbean Countries
This paper looks at how the legacy of colonialism contributes to some of the economic issues facing Caribbean countries today. The paper explores how the colonial elites turned the Caribbean into a mere exporter of commodity items (like sugar) that were demanded by the metropolis; the region was certainly not turned into an industrial center. Additionally, the colonial period created a template for future government involvement – economic statism, in short – that strangled initiative and entrepreneurialism. Finally, a culture of corruption and entitlement still pervades the economies of the region, thanks to the legacy of colonialism, and this means that Caribbean...
The end:
.....and corruption of the colonial age was seized upon by elites and embraced by them even as they derided those white Europeans who had brought all of the above to the Caribbean.
Bibliography
Levitt, Kari and Lloyd Best. ‘Character of Caribbean Economy’ in George L. Beckford, Caribbean Economy: Dependence and backwardness. Mona: University of West Indies, 1975. 34-60.
Rogozinski, Jan 1992. A Brief History of the Caribbean: From The Arawak and The Carib To The Present. New York, NY: Meridian.
Storr, V.H. “The Political economy of Caribbean integration.” N.d. 13 Oct. 2009 http://74.125.93.132/search?q=cache:4wrzID4ak70J:www.ihika.org/docs/caricom.doc+%22colonialism%22+%2B+%22caribbean%22+%2B+%22economy%22&cd=3&hl=en&ct=clnk&gl=ca