Essays on the theory of plantation economy : a historical and institutional approach to Caribbean economic development / Lloyd Best and Kari Polanyi Levitt.

Format:

Book

Author/Creator:

Best, Lloyd.

Contributor:

Levitt, Kari.

Language:

English

Subjects (All):

Plantations--Economic aspects--Caribbean Area.

Plantations.

Economic development.

Plantations--Economic aspects.

Caribbean Area--Economic conditions.

Caribbean Area.

Economic conditions.

Economic development--Caribbean Area.

Physical Description:

xxii, 257 pages : illustrations ; 23 cm + 1 sheet (73 x 35 cm, folded to 12 x 18 cm)

Other Title:

Theory of plantation economy

Place of Publication:

Kingston, Jamaica : University of West Indies Press, 2009.

Summary:

This important book provides a fascinating insight into the conceptual under-pinnings of the theory of plantation economy initiated by Lloyd Best and Kari Levitt in the 1960s as a basis for analysing the nature of the Caribbean economy. While acknowledging an intellectual debt to Latin American structuralists and also to the work of Dudley Seers and William Demas, the authors develop an original and innovative analytical framework as a counter to more "universalist" models which failed to take account of the Caribbean reality.

Their work identifies the main features of the plantation economy as a hinterland characterized by subordination and dependency on the dominant metropole. Distinguishing between hinterlands of conquest, settlement and exploitation, Best and Levitt analyse the rules that determine this complex relationship with the metropole. Their economic theories are presented against a background of the historical factors that gave rise to the "structural continuity" of Caribbean economies and which now impede meaningful structural transformation. Book jacket.

Contents:

Chapter 1 On the Teaching of Economics / Lloyd Best 1

Chapter 2 A Historical and Institutional Approach to Caribbean Economic Development / Lloyd Best and Kari Levitt 9

Chapter 3 Outline of a General Theory of Caribbean Economy / Lloyd Best and Kari Levitt 19

Chapter 4 Revised and Expanded Model of Pure Plantation Economy / Lloyd Best and Kari Levitt 41

Chapter 5 An Ideal-Type Accounting Framework for Plantation Economy Further Modified / Lloyd Best and Kari Levitt 121

Chapter 6 A System of National Accounts for Trinidad and Tobago / Kari Levitt 179

Chapter 7 In Search of Model IV / Kari Levitt 189

Chapter 8 Critical Review of the Contributions of W.A. Lewis and Dudley Seers to Issues of Industrialization and Employment in the Caribbean / Lloyd Best and Kari Levitt 197.

Notes:

Includes bibliographical references (pages [233]-241) and index.

ISBN:

9789766402112

9766402116

OCLC:

286503320