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Development in the Caribbean

" Although the Caribbean nations have achieved levels of political, social and economic development through these economic benefits which has put them in the medium developed and developed categories, the emerging threats are present. These occur as social disadvantages of the aforementioned benefits which affect social development and cultural development. In spite of the fact that some countries have experienced significant economic growth rates, the problem of high levels of poverty still exists. This therefore shows that economic growth is not all there is to development as there also needs to be some sort of social development taking place to redirect the poverty and inequality. This redirection will help to reduce the growing gap in social and economic well being and the exclusion of a significant proportion of the population from the benefits of economic growth. It will also increase in employment necessary. Young people under the age of 35 accounts for more than thirty percent (30%) of the unemployment figures in the Caribbean. The study in addition states that more than half of this unemployed population is under 25 years old.
             However, the achievement of the kind of social development necessary for economic growth is in and of itself hampered by other factors including the basic state of human development. Sonia Cuales raises the issue of the dilapidated situation of societies due to high infant and child mortality rates, stating that, "Child mortality rate is a most important indicator of the state of human development in a country." High infant and child mortality rates indicate a low level of life expectancy for a country and suggest a lag to the progression of human development in that country. It is thus a break down in social development because it suggests that the quality of health and the availability to it is poor.
             Another hindrance of the country's ability to promote economic growth is poverty.


Essays Related to Development in the Caribbean

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2. NAVAL ADMINISTRATION OF THE VIRGIN ISLANDS; 1917-1921

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3. What Type of Economic System Operates in CARICOM Countries?

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4. Caribbean

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6. The New World Rum Trade

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7. Globalization on the Nationhood of Countries

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8. Globalisation and its Implications for Caribbean Business

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9. Making of the Western World

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