Description
Book SynopsisIn the wake of pervasive global challenges exacerbated by the COVID-19 pandemic, the Caribbean stands at a critical point in its economic development.
Development and Diplomacy: Resetting Caribbean Policy Analysis in the Aftermath of the COVID-19 Pandemic is an illuminating exploration of the region’s need to recalibrate and reshape its developmental policy strategy.
Under the stewardship of Winston Dookeran and Dr M. Raymond Izarali, the volume embarks on a comprehensive examination of the frontiers in economic policy analysis: convergence, complexity, competitiveness, and the circular economy. These frontiers, often discussed in isolation, collectively establish the theoretical framework for the World Economic Forum’s “The Great Reset Initiative”, aimed at rebuilding a more sustainable, equitable, and inclusive world following the pandemic.
Thought-provoking chapters – written by scholars and practitioners both within and beyond the region – span issues such as the challenges facing small island states, the adequacy of orthodox growth models, regional advances in policy structures, liberalism, investment and capital flows, and health diplomacy to name a few and encapsulate a multidisciplinary approach. This approach expertly weaves together the disciplines of economics, politics, and diplomacy to forge not only a holistic understanding of Caribbean policy dynamics but also forge a clear path to translating research findings into actionable policy insights, which could propel the Caribbean towards a future of renewed prosperity and shared success.
Development and Diplomacy is a sequel to previous publications, such as Winston Dookeran’s
Power, Politics and Performance: A Partnership Approach for Development (2012);
Crisis and Promise in the Caribbean: Politics and Convergence (2015);
The Caribbean on the Edge: The Political Stress of Stability, Equality, and Diplomacy and Dookeran and Carlos Elias’s
Shifting the Frontiers: An Action Framework for the Future of the Caribbean (2016). This volume is poised to empower professors and students in the field of development studies, policy leaders and practitioners within agencies, and the voices of citizens and advocates shaping public discourse.
Table of ContentsFigures / x
Tables / xii
Boxes / xiii
Message from The Development Bank of Latin America and the Caribbean / xiv
Foreword / xvi
Preface: Development and Diplomacy: Resetting Caribbean Policy Analysis in the Aftermath of the COVID-19 Pandemic / xviii by Winston Dookeran
Acknowledgments / xxii
Acronyms / xxiii
Part 1 Conceptual Thought and Framework of Analysis
1. Setting Caribbean Development Rethink in the Aftermath of the COVID-19 Pandemic / 3 by M. Raymond Izarali
Part 2 Sustainability Analysis: COVID-19, Health Security, and Future Resilience
2. COVID-19 Symmetric Shock and Its Asymmetric Consequences / 23 by Miriam L. Campanella and Winston Dookeran
3. Regional Health Security: An Antidote for COVID-19 within Caribbean SIDS / 43 by Wendy C. Grenade
4. Boosting Resilience in the Caribbean: New Strategies for a Sustainable Future / 68 by Helvia Velloso
Part 3 Development Frontiers: Fixing the Gap Between Theory and Practice
5. The Calculus of Development Insights on the Frontier of Analysis / 87 by Winston Dookeran
6. Small State Diplomacy and Global Competitiveness / 104 by Winston Dookeran and Preeya Mohan
7. Setting the Agenda for the “Circular Economy” of the Caribbean / 121 by Winston Dookeran and Preeya Mohan
8. What Drives Economic Complexity? Panel Data Evidence from Latin America and the Caribbean / 136 by Vaalmikki Arjoon
Part 4 Recovery Process: Flows and Frameworks
9. Good Governance and Economic Reconfiguration: Policy Responses in Trinidad and Tobago to the COVID-19 Pandemic / 167 by Shane Justin Pantin
10. Resetting Regionalism for Convergence and Post-Pandemic Recovery for Caribbean Economies / 180 by David Anyanwu
11. The Trend in External Financing to the Caribbean: Is It in the Right Direction? / 198 by Helvia Velloso
12. Financing for Quality Investment: The Search for Fresher Sources / 226 by Miriam L. Campanella and Winston Dookeran
13. Frontiers, Flows, and Frameworks: Resetting Caribbean and Pacific Policies Post-Pandemic / 242 by Khushbu Rai
Part 5 Resetting Diplomacy: Regionalism and Geostrategic Shifts
14. CARICOM’s External Engagements: What Are the Prospects for Caribbean Regional Integration and Development in a Post-COVID Environment? / 259 by Annita Montoute
15. Resetting and Reinventing the Association of Caribbean States / 281 by June Soomer
16. Geopolitical Shifts and Health Diplomacy / 293 by Vijay Kumar Chattu
17. Complexity Theory in International Relations Studies: Small States Behavior and the COVID-19 Crisis / 316 by Faies Jafar
18. Small States Diplomacy: COVID-19 and the Geostrategic Change / 335 by Winston Dookeran
19. Frontiers of the Global Pandemic: A Look at the New Chapters Ahead / 348 by Winston Dookeran and Manfred Jantzen
Afterword / 367 by Karen Sanderson Cole
About the Contributors / 371
Index / 374
