regional integration

• Regional integration can lead to increased trade, investment, and economic growth.
• Regional Integration is when countries work together towards common goals.
• in 1950 the first attempt was made by Caribbean states to work cooperatvelytowards common goals
• this was becaue they wanted to be less dependant on former colonial powers.
• integration means bringing people and ideas together to become a part of the same group
• There are several types of integration such as social integration, racial integration and economic integration
• Cooperation means working together and helping one aanother to acheive common goals.
• Social Integration is when persons of different cultures learn to tolerate and respect each other
• Racial Integration is when people of different races are treated equally so that they can live and work together
• Economic Integration is when countries trade with each other and have a common currency.This compleents the county's own economy, wjich is made up of businesses that provide goods and services to meet peoples needs
• Dependence is the state of being dependent on something or to rely on it.
• Dependence has many different disadvantages as you are not free to do as you please.
• many caribbean states gained independence in the 1960's
• Countries established bilateral agreements here two countries help eachother
• Treaties were to help develop the region as a whole
• The interdependence started in the 1950's with the West Indian Federation. which continues today with organizations like CARICOM and the Association of Caribbean States(ACS)
• West Indian Federation was established in 1958, but was abolished in 1962 and its purpose was to unite the islands
• Multilateral agreements are agreements between two or more countries .
• multinational corporation - a company that has operations in more than one country
• the west indian federation was an example of a multilateral agreement.
• The West Indian Federation was formed in 1958
• the members of the west indian federation were: Antigua and barbuda, Barbados, Dominica, jamaica, Grenada, st kitts and nevis, montserrat, st lucia, st vincent and the grenadines, Trinidad and Tobago
• The main aim of the federation was the reduce dependence on Britian
• the west indian federation lasted up until 1962. where trinidad an tobago and jamaica decided to leave the federation
• Reasons

  • t&t and Jamaica were the largest members and were expected to bear most of the costs. this was unfair
  • the smaller countries feared that the bigger countries would try and dominate the federation
  • there were disagreements as to where the capital would be placed
  • jamaica objected to the colonial status of the federation
  • the most respected leaders at the time did not want to lead the federation and preffered to just run their own countires
  • in 1961 jamaica held a referendum and voted to be pulled out the federation which led to Dr. Eric Williams famous speech 1 from 10 leaves 0
• CARIFTA -Caribbean Free Trade Association, a regional organization of 15 countries in the Caribbean. was formed in 1965 and lead to CARICOM
• Members of CARIFTA were

  • Antigua and Barbuda
  • Barbados
  • Belize
  • Dominica
  • Guyana
  • Grenada
  • Jamaica
  • Montserrat
  • St. Kitts and Nevis
  • Anguilla
  • st. Lucia
  • st. vincent and the grenadines
  • Trinidad and Tobago
• CARICOM -Caribbean Comunity
• CSME - Caribbean Single Market and Economy - aims to create a single market and economic union for the 15 member states of the Caribbean
• OECS- Organisation of Eastern Caribbean States