The economics of natural gas development in small oil‐exporting economies: with special reference to Trinidad and Tobago

Pantin, Dennis

doi:10.1111/j.1468-0076.1986.tb00117.x

Cited by 4 publications

(4 citation statements)

References 4 publications

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“…Nevertheless, the government set out to promote “the development of an indigenous capability with at least the capacity to monitor technological developments in the uses to which natural gas can be put, is a critical long‐term necessity” (Pantin, 1986, pp. 347–348; Government of Trinidad and Tobago, 1963 Section 3).…”

Section: Trinidad and Tobago: The Beginnings Of A Steel Enterprisementioning

confidence: 99%

“…In 1981, the company lost US$750,000 (Holton, 1995; Pantin, 1986), spurred propelled by an increasingly challenging external environment. By 1983, over TT$1 billion had been spent at the company 8 .…”

Section: Trinidad and Tobago: The Beginnings Of A Steel Enterprisementioning

confidence: 99%

“…In 1982, the US and European countries imposed anti-dumping duties and countervailing measures, restricting ISCOTT's exports. In August 1983, the government however announced that the company had been losing as much as US$177 million per annum or US$485,000 daily (Pantin, 1986). This was due in part to US steel producers, in particular Atlantic Steel Company of Georgia, Continental Steel Corporation of Indiana, Georgetown Steel Corporation of South Carolina, Georgetown Texas Steel Corporation, and Raritan River Steel Corporation of New Jersey joined forces to instigate new protectionist measures.…”

Section: At Iscott's Inauguration the Prime Minister Emphasizedmentioning

confidence: 99%

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Continuity, change and contradictions in late steel‐based industrialization: The “global color line” in Trinidad and Tobago's postcolonial economy

Perry

2022

Sociology Compass

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This paper offers an alternative explanation of the performance of the steel industry in Trinidad and Tobago (T&T). The steel industry emerged due to social mobilizations demanding changes to the colonial economy by investing natural resources in state-led industrialization and welfare improvement. This investigation contends that the "resource curse" account that describes so-called intrinsic social pathologies whereby postcolonial actors interfere with market freedom is misguided. A "resource curse" fundamentally offers a racialized conception of state corruption and incompetence within peripheralized economies. This study challenges this explanation showing how postcolonial arrangements reflect persistent colonial entanglements and contradictions, as resource dependence emerges from a long history of colonial exploitation and racialized subjugation within a global market predicated on a "global color line". The T&T government's industrial effort was circumvented by both domestic and international economic and political pressures revealing a racial hierarchy and power asymmetries. Anti-competitive sanctions from the (colonial) global economic powers United States and Europe, structural adjustment that maintained this system and improper dealing by foreign players were among these discriminatory practices. Similarly, elite behavior and political decisions reflecting (neo)-colonial

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Section: Trinidad and Tobago: The Beginnings Of A Steel Enterprisementioning

confidence: 99%

Section: Trinidad and Tobago: The Beginnings Of A Steel Enterprisementioning

confidence: 99%

Section: At Iscott's Inauguration the Prime Minister Emphasizedmentioning

confidence: 99%

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Continuity, change and contradictions in late steel‐based industrialization: The “global color line” in Trinidad and Tobago's postcolonial economy

Perry

2022

Sociology Compass

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“…However, in the same vein as the agnostics of the relevance of size, Pantin (1994) argues that in the past too much emphasis was placed on the disadvantages of small states in the Caribbean.…”

Section: Does Size Matter For Economic Prosperity?mentioning

confidence: 99%

Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean

Ruprah,

Melgarejo,

Sierra

2014

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This report addresses several critical questions regarding Caribbean nations. Does size matter for economic growth and volatility? To what degree has Caribbean economic growth been inferior to that of ROSE? What could account for the Caribbean growth gap and what economic policies might decision-makers adopt to promote higher and sustainable growth? The answers to these questions will support the overarching hypothesis that the Caribbean suffers sclerosis. The almost-exclusive focus on economic growth in this report does not imply that it should be the sole criterion to judge economic performance. Nevertheless, economic growth is the central concern of Caribbean policymakers, who recognize that it is critical to improve broad economic development, and hence to improve the welfare of Caribbean citizens. The central focus here is on six countries in the region, which will be referred to as the C6: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. However, the analysis will sometimes include, most often in the aggregate, the countries of the Organisation of Eastern Caribbean States (OECS). The six members of the OECS used in this report are Antigua and Barbuda, the Commonwealth of Dominica, Grenada, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.

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Structural Constraints, Indigenous Capability and the Political Economy of Late Industrialization in the Steel Sector

Perry¹

2019

SSRN Journal

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The economics of natural gas development in small oil‐exporting economies: with special reference to Trinidad and Tobago

Cited by 4 publications

References 4 publications

Continuity, change and contradictions in late steel‐based industrialization: The “global color line” in Trinidad and Tobago's postcolonial economy

Continuity, change and contradictions in late steel‐based industrialization: The “global color line” in Trinidad and Tobago's postcolonial economy

Is There a Caribbean Sclerosis? Stagnating Economic Growth in the Caribbean

Structural Constraints, Indigenous Capability and the Political Economy of Late Industrialization in the Steel Sector

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