Production Integration Revisited in the Context of the CARICOM Single Market and Economy

AuthorByron Blake
Pages169-176
Production Integration Revisited 169
INTRODUCTION
Production integration — vertical and horizontal; integrated production
and cooperation in production — has been a preoccupation of Caribbean
economic integrationists since the 1960s. In their path-breaking work
‘The Dynamics of West Indian Economic Integration’ (1967), Brewster and
Thomas not only argued that ‘integration in the West Indies . . . should also
include in its perspective the integrated production of goods’ but identified
a range of prospective areas of production, and developed a strategy
framework for production integration which recognized the importance of
political, social and cultural factors.
Most of the initiatives aimed at deepening the economic integration
process in the region, since the initial success and revealed limitations of
the pure market integration exemplified by the Caribbean Free Trade
Association (CARIFTA), have sought to provide in some measure for the
integrated production of goods. Specific industry and broad sub-sector and
sector studies have confirmed the earlier work of Brewster and Thomas
that there were myriad opportunities for production integration in the
mining, agricultural and industrial sectors.
Analysing several major studies and proposals, we concluded in a paper
on ‘Production Integration: Scope, Limitations and Prospects in CARICOM’
presented at a similar Conference on Ten Years of CARICOM that ‘Taking
the various proposals for integrated production together, and discounting
for the cases of overlap, there is a range of sectors and sub-sectors in which
production integration is both technically and economically feasible’.
There were also several policies in the Common Market Annex 1973 to
the Treaty of Chaguaramas, in instruments such as the CARICOM
Enterprise Regime, approved in 1976, the Regional Food and Nutrition
Strategy, approved first as the Regional Food Plan in 1976, and the CARICOM
PRODUCTION INTEGRATION REVISITEDPRODUCTION INTEGRATION REVISITED
PRODUCTION INTEGRATION REVISITEDPRODUCTION INTEGRATION REVISITED
PRODUCTION INTEGRATION REVISITED
IN THE CONTEXT OF THE CARICOMIN THE CONTEXT OF THE CARICOM
IN THE CONTEXT OF THE CARICOMIN THE CONTEXT OF THE CARICOM
IN THE CONTEXT OF THE CARICOM
SINGLE MARKET AND ECONOMYSINGLE MARKET AND ECONOMY
SINGLE MARKET AND ECONOMYSINGLE MARKET AND ECONOMY
SINGLE MARKET AND ECONOMY
Byron Blake
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