IA Events

Beyond Remittances and Tourism: What Future for the Caribbean Economy?

Publication date: Nov 6, 2013 9:44:21 AM

Start: Dec 5, 2013 5:00:00 PM
End: Dec 5, 2013 7:00:00 PM

Location: UCL Galton Lecture Theatre, 1-19 Torrington Place, London WC1E 7HB


UCL Institute of the Americas is proud to collaborate with the British Foundation for the University of the West Indies to present this panel. The Caribbean is the only region in the world where exports of services are more important than exports of goods. A few countries still have good prospects in mineral exports, but for most the future lies in non-traditional services exports.

Sixty years ago, tourism was the new paradigm that helped to raise living standard. Is there a new paradigm today to which all the countries of the region can subscribe? Or will each country have to find its own solution, establishing a niche in the world market for service exports?

And what is the role of regional integration in this new paradigm? Can CARICOM or ALBA provide the necessary stimulus or must it be found outside the region through, for example, the Economic Partnership Agreement with the European Union?

Distinguished panelists Prof Victor Bulmer-Thomas (Professor Emeritus of Economics, University of London), Vindelyn Smith-Hillman (Economic Advisor, Law Commission and formerly Senior Economist, Bank of Jamaica) and Alan Smith (Global Head of Risk Strategy, HSBC) will explore these issues and ask which countries are most likely to succeed, and why, as they all seek to break out of the current impasse. Please consult the full program here.

Please note this event will take place between 5pm and 7pm, at the UCL Galton Lecture Theatre, 1-19 Torrington Place, London WC1H 7HB. Attendance is free of charge but registration is required.