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Trade Liberalization and Peripheral Postindustrialization in the Caribbean

Published online by Cambridge University Press:  02 January 2018

Emilio Pantojas-García
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Abstract

In the 1990s, trade liberalization eroded the competitiveness of Caribbean economies as manufacturing export platforms. Proposed new economic strategies favored a shift from vertically integrated, transnationally based segment manufacturing to segments of knowledge-intensive industries and services. This strategy, however, reproduces the economic asymmetries associated with the core-periphery relation (low wages, value-added rates). Postindustrial technologies and economic strategies provide the opportunity to formulate alternative policies to overcome the shortcomings of peripheral postindustrialization and foster sustainable postindustrial development.

Type
Research
Information
Latin American Politics and Society , Volume 43 , Issue 1 , Spring 2001 , pp. 57 - 77
Copyright
Copyright © University of Miami 2001

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