The ideology of CARICOM is that as an integrated region, the Caribbean would be capable of much greater economic development and global competitiveness than as single entities. This means that all members of CARICOM would be required to contribute and as such would each be entitled to benefits which would aid in both the individual development of the states and the development of the Caribbean as a whole. However, at present the economies of many of the islands are not as successful as others, for example, the contrast between the economies of Haiti and the Bahamas. One reason for the difference in levels of development in several islands is the availability of natural resources in some while others depend solely on tourism. Therefore, this disparity in the level of development between the member states results in the delay of
The ideology of CARICOM is that as an integrated region, the Caribbean would be capable of much greater economic development and global competitiveness than as single entities. This means that all members of CARICOM would be required to contribute and as such would each be entitled to benefits which would aid in both the individual development of the states and the development of the Caribbean as a whole. However, at present the economies of many of the islands are not as successful as others, for example, the contrast between the economies of Haiti and the Bahamas. One reason for the difference in levels of development in several islands is the availability of natural resources in some while others depend solely on tourism. Therefore, this disparity in the level of development between the member states results in the delay of