Caribbean economies have been faced with mounting challenges arising from the increasing pace of economic globalization. The financial crisis of 2007 further exacerbated economic instability due to high foreign debt, lack of competitiveness, declining productivity, and high unemployment and underemployment. This in turn has precipitated increasing social and environmental problems, including poverty, inequality, crime and violence, and environmental degradation, all of which require new perspectives and policy approaches for transformative change and sustainable development. In this two...

Discusses alternative theoretical perspectives, sustainable growth-inducing economic policies, and special challenges in this era of neoliberal globalization. These perspectives, policies and challenges have to be seriously considered if appropriate interventions towards changing the Caribbean status quo and eliminating social and political ills are to be pursued.