Economic Integration processes of the Caribbean Economic Area of the Western Civilization
CARICOM
Interactions of the Caribbean Economic Area with the other civilizations
Economic Institutions and Trade Agreements related to the Caribbean Countries
The purposes of the subject “Caribbean Economic Area (Western Civilization)” are the following:
To define the characteristics of the Caribbean Economic Area of the Western Civilization
To analyze the influence of Christianity on the Caribbean Economic Area
To know the economic profile of the Caribbean Countries
To understand the economic integration process in the Caribbean Economic Area of the Western Civilization
To know the economic relations with the other civilizations (Sinic,
Hindu, Islamic, African, and Buddhist) and with the other areas of the Western Civilization
To analyze the main Economic Organizations related to the Caribbean Economic Area
The Subject “Caribbean Economic Area (Western Civilization)” belongs to the following Online Programs taught by EENI Global Business School:
Note: Belize is included in the Caribbean Economic Area due to his membership to the CARICOM.
2- Economic Integration Processes of the Caribbean Economic
Area of the Western Civilization
2.1- All the Caribbean Countries are members of the CARICOM.
Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Vincent and the Grenadines, Saint Lucia and Saint Vincent and the Grenadines are members of the OECS. They share the Eastern Caribbean Dollar (the Eastern Caribbean Currency Union)
The CARICOM Single Market and Economy (CSME)
The Caribbean Development Bank
The Eastern Caribbean Central Bank
2.1- All the Caribbean Countries are also members of the Association of Caribbean States
(with Belize, Colombia, Costa Rica, Cuba, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, the Dominican Republic, and Venezuela).
3- Interactions of the Caribbean Economic Area with the
other civilizations.
Interactions of the Caribbean Countries with the European Economic Area.
4- Other Economic Organizations related to the Caribbean Countries.
CELAC
OAS
Antigua and Barbuda, the Bahamas, Barbados, Dominica, Grenada, Haiti, Jamaica, Saint Kitts and Nevis, Saint Vincent and the Grenadines, Saint Lucia, Suriname, and Trinidad and Tobago are members of the ECLAC
Anguilla, the Netherlands Antilles, Aruba, Turks and Caicos, the British Virgin Islands, the Virgin Islands of the U.S., and Montserrat are associate members of the ECLAC
The Bahamas, Barbados, Grenada, Haiti, Jamaica, Suriname, and Trinidad and Tobago are members of the Latin American and Caribbean Economic System (SELA)
Caribbean Economic Area of the Western Civilization.
Undoubtedly, the largest project of the Caribbean Economic Integration is the CARICOM (Caribbean Community), an integration agreement consists of fifteen Caribbean Countries representing 16 million people. The big project of the CARICOM is the Caribbean Single Market and Economy (CSME).
Furthermore, all the CARICOM Countries are members of the Association of Caribbean States.
CARIFORUM has an important economic partnership agreement with the EU
Colombia, Costa Rica, and the Dominican Republic has Trade Agreements with the CARICOM
Both Canada (CARIBCAN Agreement) and the U.S. (Caribbean Basin Initiative) have implemented relevant Trade Agreements with the Caribbean Countries
The Caribbean Countries do not have Trade Agreements with the other civilizations
The Caribbean Countries.
The Caribbean Countries Population: 16 million people
The most widely spoken languages are English, Spanish, French, and Creole
Area: 462,355 km²
The main religion of the Caribbean Countries is Christianity (Catholic and Protestant)
All the Caribbean Countries are former colonies (England, France...)
It should be noted the influence of the African Diaspora on the region
(c) EENI Global Business School (1995-2023)
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