By taking into consideration the history of the Caribbean, the economic theories underpinning Caribbean development as well as the features of the typical Caribbean economy, construct a hypothetical (ideal) economic model that you consider suitable for the economic development of the Caribbean. Ensure that you carefully explain/justify the reasoning behind the development of your model. You will now need to analyse your new model. Be sure to clearly show how your “new” model improves on the other models that exist ( charts or graphs of necessary)
By taking into consideration the history of the Caribbean, the economic theories underpinning Caribbean development as well as the features of the typical Caribbean economy, construct a hypothetical (ideal) economic model that you consider suitable for the economic development of the Caribbean. Ensure that you carefully explain/justify the reasoning behind the development of your model. You will now need to analyse your new model. Be sure to clearly show how your “new” model improves on the other models that exist ( charts or graphs of necessary)
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 4P
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By taking into consideration the history of the Caribbean, the economic theories underpinning
Caribbean development as well as the features of the typical Caribbean economy, construct a
hypothetical (ideal) economic model that you consider suitable for the economic development of
the Caribbean. Ensure that you carefully explain/justify the reasoning behind the development of
your model.
You will now need to analyse your new model. Be sure to clearly show how your “new”
model improves on the other models that exist ( charts or graphs of necessary)
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