Karl Wiggins Is CARICOM prepared for globalization? CARICOM or the Caribbean community has been the subject of heavy debate across the region as it relates to its success‚ relevance and the fulfillment of its intended mandate. The Caricom organization was established in the wake of the dissolution of the West Indies Federation and aimed primarily at bridging the gap between English speaking Caribbean countries and the wider world as well as promoting integration between its member states in terms
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The Caribbean Community and Common Market (CARICOM) THE HISTORY OF CARICOM: The Caribbean Community (CARICOM)‚ originally the Caribbean Community and Common Market‚ was established by the Treaty of Chaguaramas which came into effect on 1 August 1973. The first four signatories were Barbados‚ Jamaica‚ Guyana and Trinidad & Tobago. CARICOM superseded the 1965–1972 Caribbean Free Trade Association (CARIFTA)‚ which had been organized to provide a continued economic linkage between the English-speaking
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There continue to be wide ranging debate on the preparedness of CARICOM countries for the pending impact which globalization will have on these small developing nations. Globalization is expected to have a negative an impact on the economic‚ social‚ environmental‚ Industrial development of small countries. Caricom countries because of their size‚ population‚ isolation and remoteness fit into this category of countries considered to be small. If these factors are examined for there likely impact
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UNIVERSITY OF TECHNOLOGY‚ JAMAICA INSTITUTE OF LAW & ECONOMICS PUBLIC LAW DUE DATE: 24TH NOVERMBER‚ 2013 DATE OF SUBMISSION: 27TH NOVEMBER‚ 2013 NAME: DELANDO R. MORRIS TEACHER’S NAME: MRS. HEMMINGS-ALLISON Page | 1 IINTRODUCTION Gaining sovereignty as a nation State is overwhelming to the point of being able to sustaining one’s country in the best possible way that reflects good governance that will be of mutual benefits to citizens‚ permanent residents and to all. In the Commonwealth
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jsp?menu=csme http://www.bbc.co.uk/caribbean/news/story/2008/06/080627_havesaycaricom.shtml CARICOM‚ Our Caribbean Community: An Introduction by the CARICOM Secretariat Ian Randle Publishers‚ 2005. THE CARIBBEAN COMMUNITY AND CARIBBEAN COMMON MARKET (CARICOM) - INSTITUTIONAL CHALLENGES AND PROSPECTS THE CARICOM SINGLE MARKET AND ECONOMY by Valerie Alleyne-Odle Foreign and Community Relations - CARICOM Secretariat Carbaugh‚ R.J. 2004. International Economics‚ 9th edition. Australia. Thomson South‐
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Intra-regional investment has been led by firms in the financial sector (banking and insurance. In the Caricom quasi-Cabinet‚ Barbados has responsibility for the CSME. The previous BLP Administration of Prime Minister Owen Arthur was very enthusiastic about the CSME and spent time and resources on pushing for CSME implementation. A CSME implementation office
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MY UNDERSTANDING OF MANAGEMENT Firstly‚ what is Management? Management is… in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives in an effective and efficient manner through Planning‚ Leading‚ Organizing‚ Controlling and Staffing organizational resources. Management can also be defined as human action‚ including design‚ to facilitate the production of useful outcomes from a system. This view opens the opportunity
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of the Caribbean Community (CARICOM) which was established in 2001 and based in Port of Spain‚ Trinidad and Tobago. It also serves as the highest court of appeals on civil and criminal matters for the member states. In 1973‚ the Treaty of Chaguaramas‚ establishing the Caribbean Community and the Common Market (CARICOM) came into being. This Treaty has since been revised to take into account changes in the global trading environment and the establishment of the CARICOM Single Market and Economy (CSME)
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for Caribbean countries to band together to protect their markets. While free trade agreements were made with countries such as Venezuela‚ Colombia and the Dominican Republic‚ the most lasting were done with other Caribbean countries. In 1989‚ the CARICOM Single Market and Economy (CSME) was created to deepen integration and enhance the bargaining position of these small countries in the international arena. It included many new policies and programs‚ including a Common External Tariff (CET) which
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Introduction The purpose of the paper is to educate any reader of the reasons for the existence of the Caribbean Single Market and Economy (CSME) and the European Union (EU). A comparison of the two entities will be provided along with a closer look at trade and politics and its challenges. We will use secondary research to gather the information for the paper. This will include usage of the internet‚ journals‚ academic papers and text books. Background on Caribbean Single Market and
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