Persistent underdevelopment

About this book

Insightful and highly informative, Persistent Underdevelopment 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 modernize. The post-World War II era brought new efforts at modernization through the economic policies of the left regime of Manley, Burnham, and Bishop. The concluding chapters point the way to policies that would enable the Caribbean to scape its current poverty and become an effective participant in world markets, finally achieving the goal of modern economic development.

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