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Persistent Underdevelopment - Change and Economic Modernization in the West Indies (Hardcover)
Loot Price: R882
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Persistent Underdevelopment - Change and Economic Modernization in the West Indies (Hardcover)
Series: Routledge Library Editions: Development
Expected to ship within 10 - 15 working days
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First published in 1996, this insightful and informative text
examines the post-emancipation and recent economic history of the
Commonwealth Caribbean. Jay R. Mandle offers an explanation of the
region's continuing underdevelopment. Through the use of an
analytical framework derived from the works of Marx and Kuznets,
the book focuses attention on technological change as the driving
force behind economic modernization. Persistent Underdevelopment
begins by exploring how plantation agriculture had a limiting
effect on industrial growth. Ultimately, plantation dominance
receded; technological stagnation continued, however, and, under
British colonial policy the Caribbean failed to modernise. The
post-World War II era brought new efforts at modernisation through
the economic policies of the left regimes of Manley, Burnham and
Bishop. The concluding chapters point the way to policies that
would enable the Caribbean to escape its current poverty and become
an effective participant in world markets, finally achieving the
goal of modern economic development.
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