With stark income inequalities rooted in its dual currency economy, Cuba is taxing down high and unearned incomes, while trying to raise national productivity and official salaries through performance-related pay and labor restructuring. Such measures are portrayed as an abandonment of socialism, but in Cuba are discussed in terms of historic socialist debates about distribution and the balance of moral and material incentives at work, in a society still characterized by common ownership, social protection, and collective debate.
1 online resource (20 pages), The small economies of the Caribbean have entered a period of extraordinary economic uncertainty driven by the impact of new trade rules on the region's agricultural sector; dramatic advances in technology that have lowered barriers to entry; and fierce global competition from large, low-wage countries in Asia. Furthermore, the Caribbean nations' ability to sustain a high level of social well-being is suffering due to the effects of broader economic change that has left the region in a reactive position. Against this backdrop, the services sector in the Caribbean may serve as an important source of economic growth, but only if the region begins to move beyond tourism to take advantage of emerging opportunities in the areas of banking and financial services, call centres and information and communication technology, off-shore education and health services, and transportation. This essay assesses the future prospects for the Caribbean to create a thriving service-based economy and offers ideas to help the region to both build on and transcend its reliance on tourism to carve a more profitable and sustainable niche in the global economy. Tables, Figures, References.
Part of a special journal issue dedicated to strategies for societal renewal in Haiti., The Appropriate Infrastructure Development Group is one of the few small- and medium-sized enterprise financing organizations currently operating in Haiti. It hopes to incubate independent, locally owned Haitian enterprises that can serve the needs of local communities using appropriate technology. More capital is needed in the country to help establish opportunities for future private-sector investment.
