Abstract
CARICOM governments believe that the growth and development of regional economies depend upon export-oriented production. Moreover, they are liberalizing their trade regimes. In this environment, some writers are urging them to adopt a more appropriate, namely, labor- intensive technology. This paper contends that the commitment to export-oriented production, the liberalization of trade regimes, the shortage of financial resources and the poverty of regional infrastructure preclude the adoption of a labor-intensive technology. It therefore concludes that, within the context of CARICOM, the most appropriate technology is the most recent, which is also the most capital intensive.
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