ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Private Capital Inflows to the Caribbean

This paper analyses trends and determinants of private foreign direct investment in the Caribbean region. The data show that net capital inflows have been significant in most countries since 1988. The sectors attracting most foreign investment are the natural resource industries, tourism, manufacturing and services. The source of most capital inflows is the US. Primarily because of their high degree of openness, Caribbean countries will continue to depend on capital inflows to generate capital formation.

Developing the Anti-Nuclear Movement

We now have a national network of anti-nuclear groups who have come together to work on common objectives. But if the antinuclear movement is to progress then the different groups have to find ways of working together which do not simply respect their differences but also institutionalise discussion of differences so as to move towards overcoming them wherever possible. Where this is not possible, it is necessary to think of ways which can creatively advance the groups' common positions. Some proposals.

Stock Market, Financial Euphoria and Collective Madness

Irrational Exuberance by Robert J Shiller; Princeton University Press, Princeton, New Jersey, 2000; £ 17.50 (hardback), pp xxi + 296.

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