Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-gq7q9 Total loading time: 0 Render date: 2024-07-16T14:57:52.523Z Has data issue: false hasContentIssue false

6 - The Domestic Economy in the Caribbean

Published online by Cambridge University Press:  05 November 2012

Victor Bulmer-Thomas
Affiliation:
University of London
Get access

Summary

The previous two chapters have been concerned with foreign trade and in particular the export sector. In this chapter we look at the domestic economy. Although the Caribbean countries had taken export specialisation to its highest level, there were still many activities that were geared to the home market. Some of these were complementary to the export sector, but a few competed with imports. With the exception of public administration, there is a deficiency of data on the domestic economy. There are no countries, for example, that published a series on industrial output, no regular figures for housing starts and very little on financial services. We therefore have to proceed on the basis of partial data, pieced together from different sources and checked against other evidence.

The first section of the chapter is concerned with the production of goods and services by the private sector for the domestic economy. By far the most important activity was Domestic Use Agriculture (DUA), that is, agricultural goods produced either for autoconsumption or for sale in the home market. These goods were perishable and therefore could not be easily imported at a time of sailing ships. In some countries, there was also a thriving fishing industry geared to the home market.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2012

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1901
1901

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×