Name: Stephen A. Thomas - CCLCS Date: March 14‚ 2012 Globalization: Definition and Impact on the Caribbean Definition In a book titled "The Caribbean in the Global Political Economy" (1994)‚ Professor Hilbourne A. Watson suggests that globalization "is an intensive process that conforms to the tendencies and laws of motion of (international) capital." It "occurs in production‚ distribution‚ marketing‚ technology transfer‚ information telecommunications and other aspects of economic activity
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important resource is “its tropical island setting‚ which has generated a unique tourism sector” (Vosloo). According to West and Schandl‚ “The greatest concentrations of minerals most valuable on the international market are found in: Cuba‚ Jamaica‚ and Trinidad and Tobago.” Cuba’s economic rebound in the early 1990s is often associated with increased production in tourism‚ oil‚ and nickel‚ spurred by foreign investment in these primary industries. But a drop in the international prices has since reduced
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The ongoing debate about the establishment of the Caribbean Court of Justice (CCJ)‚ and whether or not it would benefit the people of the Caribbean or should be the final appellant court continues. The CCJ was established in 2001 and is based in Trinidad and Tobago. The objective of the CCJ was to provide for the Caribbean community an accessible‚ fair‚ efficient‚ innovative and impartial justice system built on jurisprudence reflective of our history‚ values and traditions while maintaining an inspirational
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1. Created by: Patricia L. PittSan Fernando East Secondary School‚ Trinidad and Tobago‚ West Indies 2. Travellers’ Tales 3. Meditation on YellowJennifer Rahim‚ lecturer in English in theDepartment of Liberal Arts at the University of theWest Indies‚ St. Augustine‚ Trinidad has describedthis poem as “a clever‚ satirical monologue thattraces the evolution of the capitalist ethos in theregion.”She notes that “Senior evokes the color yellow assymbol of a historical continuum of plunder‚enslavement
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country. Trinidad and Tobago has engaged in global trading for many years. Natural resources‚ Free Trade agreements‚ lowering of tariffs and continuous negotiations amongst regional and international partners have enabled Trinidad and Tobago to be a player on the global market. Globalization can be considered an opportunity for phenomenal economic gain but also it can have a detrimental impact on a country’s sovereignty if not managed carefully. Globalization has impacted Trinidad and Tobago’s
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Trinidadian. Born: Taco‚ Trinidad‚ 1935. Career: Proofreader‚ Trinidad Guardian‚ 1953-54; civil servant: agricultural assistant in Jamaica‚ 1956-66; journalist‚ Trinidad and Tobago Express‚ 1967; lecturer in English‚ University of the District of Columbia‚ 1971-73; writer-in-residence‚ Hartwick College‚ Oneonta‚ New York‚ 1986. Since 1977 teacher‚ University of the West Indies‚ Saint Augustine‚ Trinidad. Awards: B.P. Independence award‚ 1965; Pegasus Literary award‚ 1966; Guggenheim fellowship‚ 1980;
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insolvency crises‚ and even bankruptcies of insurance companies that required government intervention. This had caused loss of state funds‚ severe effects on policyholders‚ and financial instability in states such as Jamaica‚ Barbados‚ the Bahamas‚ and Trinidad and Tobago in the mid-1990s‚ that affected the Gross Domestic Product (GDP)‚ increased public sector debt‚ and slowed economic growth. As such‚ insurance regulation has necessitated the legal framework of insurance (and regulation) legislation‚ to
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have even suggested that “Anancism” is a psychological trait of today’s Caribbean people. The sociologist Leonard Barrett wrote that “so intricately woven is Anancism in Jamaican life that his cunning has become part of the Jamaican personality stereotype”. Reggae and Calypso are two other forms of Caribbean oral traditions that have
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Butler was born on Grenadian soil in 1897. Of all Butler’s contributions to Trinidad and Tobago‚ his contributions and political ambitions to trade unionism during the 1930s and 1940s was the greatest and to date it is still evident. His major contributions evolved around the riots of 1937 and has affected major changes within industries‚ workers and colonial authority. By 1921 when Butler decided to migrate to Trinidad‚ he had already distinguished himself in his homeland‚ Grenada‚ with leadership
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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 countries of the Caribbean following the dissolution of the West
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