Informal Commercial Importers in CARICOM
- Published: April 2014
The increasing visibility of individuals engaging in small-scale business enterprises outside formal wage employment has been a topic of debate for many years, in many countries. The Caribbean Community (CARICOM) is no exception. In fact, the informal economy has become a persistent feature of the region’s economic landscape and has been thriving, as documented by leading Caribbean scholars.
Informal Commercial Importers in CARICOM is the first book to examine the various dimensions of informal commercial importing from an aggregate CARICOM perspective, emphasizing the economic dimensions and providing three empirical surveys of informal commercial importing in Guyana, Dominica and Jamaica. Roger Hosein and Martin Franklin provide a rich survey of the literature on shuttle trading, which aids in contextualizing the range of factors that has given rise to shuttle trading in CARICOM and enabled its longevity. They discuss the possible effects of formalizing the informal trade in CARICOM economies and propose strategies that can aid in this formalization process.
While this book is written to appeal to an academic audience, it also provides essential reading for policymakers, research scholars and practitioners alike, and it provides a foundation for further studies of the shuttle trade in a changing Caribbean.
List of Tables
IntroductionTrade and Investment in the Caribbean: Implications for the Informal Sector
The Origins and Evolution of Women in the Shuttle Trade in the Caribbean
The Persistence of the Suitcase Trade
Intra-CARICOM Informal Commercial Importers: Evidence from Trinidad and Tobago and Guyana
ICIs Operating between CARICOM and the Wider Caribbean
Informal Commercial Importing in Jamaica
ICIs and Prescription Medicines in the Caribbean: Evidence from Trinidad and Tobago
Toward a Framework for Developing ICIs
Appendix: Questionnaire for Shuttle Traders Survey