Economic Forecasting for the Contemporary Century

"Economic Forecasting for the Contemporary Century delves into the intricate domain of Caribbean economic development and regional integration, a critical endeavor for enhancing the quality of life and ensuring the resilience of small island states. The region faces persistent challenges, including financial instability, the complexities of development, and the imperative to preserve sovereignty amidst global changes. Understanding these dynamics requires a nuanced approach, drawing on historical insights to inform future strategies for sustainable progress.This comprehensive volume explores the foundational contributions of William Demas, examining his landmark writings on development economics, the unique characteristics of small states, and the policy strategies for transformative growth. It critically reviews his emphasis on regional integration, agricultural diversification, and the legal and institutional challenges within CARICOM. The book further investigates financial regulation, the political economy of Caribbean sovereignty, and proposes new models for outward-oriented, private-sector-led regional production integration, moving beyond past limitations.This book is an essential resource for students, researchers, and policymakers engaged in development economics, regional integration, and Caribbean studies."