Description

Regional integration processes among the developing countries which experienced tremendous impetus in the late 1960s and early 1970s is now at a nadir. Even the East African Community which seemed likely to withstand sharp regional dissension has floundered; disintegrating in 1977 without being mourned and leaving the region in acrinomy over the division of its assets. The Caribbean Community (CARICOM) is no exception. Although there exists a strong link between regional integration and economic development nevertheless, this has not been an overriding consideration to justify its rapid consolidation and expansion

Regional integration processes among the developing countries which experienced tremendous impetus in the late 1960s and early 1970s is now at a nadir. Even the East African Community which seemed likely to withstand sharp regional dissension has floundered; disintegrating in 1977 without being mourned and leaving the region in acrinomy over the division of its assets. The Caribbean Community (CARICOM) is no exception. Although there exists a strong link between regional integration and economic development nevertheless, this has not been an overriding consideration to justify its rapid consolidation and expansion