{"product_id":"economic-development-of-caricom-from-early-colonial-times-to-the-present-9781839993794","title":"Economic Development of Caricom: From Early Colonial Times to the Present","description":"\u003cp\u003e • Author(s): Winston H. Griffith\u003cbr\u003e • Publisher: Anthem Press\u003cbr\u003e • Publisher Imprint: Anthem Press\u003cbr\u003e • BISAC: Development - Economic Development\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIt has been suggested that, if CARICOM nations wish to accelerate their development, they should embrace laissez-faire economic policies. However, laissez-faire economic policies have reinforced the very economic and social structures that have contributed to their low level of development; furthermore, laissez-faire economic policies ignore social attitudes that can greatly influence a nation's development. Moreover, low-skilled labor-intensive production processes, which once propelled growth in CARICOM nations, will no longer perform a similar role because production processes are becoming more and more knowledge-skills intensive, and nations wishing to attract foreign manufacturing investment or high-tech services may not be able to do so without an adequate pool of the necessary knowledge skills. CARICOM nations must therefore try to accumulate a pool of knowledge skills that can help their economies become internationally competitive.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Paperback","offer_id":46440575959191,"sku":"9781839993794","price":3203.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9781839993794.webp?v=1769115351","url":"https:\/\/atlanticbooks.com\/products\/economic-development-of-caricom-from-early-colonial-times-to-the-present-9781839993794","provider":"Atlantic Books","version":"1.0","type":"link"}