Premium
Cut Loose in the Caribbean: Neoliberalism and the Demise of the Commonwealth Sugar Trade
Author(s) -
RICHARDSON BEN,
NGWENYA PAMELA RICHARDSON
Publication year - 2013
Publication title -
bulletin of latin american research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 33
eISSN - 1470-9856
pISSN - 0261-3050
DOI - 10.1111/blar.12001
Subject(s) - demise , commonwealth , restructuring , neoliberalism (international relations) , hegemony , politics , political economy , economics , political science , development economics , international trade , economy , law
This article focuses on the way the Anglophone Caribbean succumbed to the overhaul of the European Union sugar trade and how these countries have attempted to restructure their economies in its wake. We show how the protagonists of reform gave a sense of inevitability to the demise of the Commonwealth trade system and conveyed (unrealistic) strategies for how this should be managed for the benefit of the Caribbean. In this way we detail the hegemony of neoliberalism in contemporary trade politics and the need for alternative strategies for rural development in the Caribbean region.