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020 _a9783031574924
_9978-3-031-57492-4
024 7 _a10.1007/978-3-031-57492-4
_2doi
050 4 _aHD72-88
072 7 _aKCM
_2bicssc
072 7 _aBUS068000
_2bisacsh
072 7 _aKCM
_2thema
100 1 _aYhip, Terence M.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_985305
245 1 0 _aContemporary Challenges for Caribbean Economies
_h[electronic resource] :
_bCrucial Problems and Practical Solutions /
_cby Terence M. Yhip, Brian Alagheband.
250 _a1st ed. 2024.
264 1 _aCham :
_bSpringer Nature Switzerland :
_bImprint: Palgrave Macmillan,
_c2024.
300 _aXXXV, 446 p. 49 illus., 48 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aPart I: The Current Situation -- Chapter 1: Introduction -- Chapter 2: Understanding Economic Growth In The Caribbean -- Chapter 3: Necessary And Socially Disruptive Changes Are Coming -- Part II: Preparing For The Next Half A Century -- Chapter 4: Harnessing Technology To Overcome Economic Decline -- Chapter 5: The Political Economy Of Restructuring -- Chapter 6: The Prospects For Renewed Growth In The Caribbean.
520 _aThe COVID-19 pandemic laid bare economic weaknesses throughout the Caribbean region, and humane standards of living are at risk. This book highlights the retooling that must be done to promote economic stability in this important area of the world. It contributes to ongoing discourse regarding Caribbean economies and highlights the long-term economic challenges that must be addressed to move forward. In this book, economists Terence M. Yhip and Brian Alagheband offer ideas and proposals to reinvigorate economic growth through the adoption of technology and investment in human capital. The book explains how to diversify economies by increasing the complexity of exports. With a shift in priorities, nations will need to raise total factor productivity and potential output. The book offers strategies to diversify the production and export of complex goods and services. The authors note that the necessary capabilities can take nations decades to build. Such investment will require trade-offs and sacrifice. Progress cannot and will not be immediate, but such modifications will produce meaningful economic returns. Contemporary Challenges for Caribbean Economies includes a chapter on the oil future for Guyana, a rising economic “superstar” due to the nation’s oil riches that portend either blessing or curse. It also includes a chapter written by Tawfik Ramtoolah about the impressive dynamism of the Mauritius economy, which transformed from sugar-cane monoculture to industrial and financial services diversification. Terence M. Yhip is an economic consultant. He was previously a commercial banker and Visiting Fellow in the Department of Economics at the University of the West Indies in Mona, Jamaica. He holds a Ph.D. in economics from McGill University. Alongside Alagheband, Yhip is the coauthor of The Practice of Lending. Brian Alagheband is an economic policy consultant at Hydro One in Ontario, Canada. He holds a M.A. in Economics from York University. .
650 0 _aDevelopment economics.
_961731
650 0 _aEconomic development.
_958075
650 0 _aLatin America
_xEconomic conditions.
_972546
650 1 4 _aDevelopment Economics.
_961731
650 2 4 _aEconomic Development, Innovation and Growth.
_969035
650 2 4 _aLatin American/Caribbean Economics.
_972547
700 1 _aAlagheband, Brian.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_985306
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031574917
776 0 8 _iPrinted edition:
_z9783031574931
776 0 8 _iPrinted edition:
_z9783031574948
856 4 0 _uhttps://doi.org/10.1007/978-3-031-57492-4
912 _aZDB-2-ECF
912 _aZDB-2-SXEF
999 _c63856
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