With the present Eurozone on the point of collapse, the world’s developed economies on the brink of a second recession, and a slowing in advanced developing economies such as China and Brazil, the prospects for near term growth in the Caribbean appear bleak.

Having failed to find a way to address the 2007-08 global economic crisis as a region, governments in Caricom decided to focus on national solutions within relatively small and in most cases increasingly vulnerable economies. They did so in a manner …..