Abstract

Arguably, Caribbean development has evolved through three distinct historical periods in international political economy and currently must find its way in a fourth—the new multipolar world order. The hitherto three periods were characterized by a system of multipolar colonial imperial empires, bipolar cold war with neocolonialism, and unipolar neoliberalism. The purpose here is to unlock the door to critical thinking on Caribbean social, political, and economic policies for the new multipolarity. The region must dial back its blind pursuit of self-regulating market policies and exercise its sovereign right to determine development paths based on its cultural and historical heritage. A descriptive analysis of theorizing about Caribbean development in each of the periods is presented before some specific sets of conditions are identified for policy formation and operationalization in the new multipolarity.