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Thursday, February 09, 2006 

Future of the Caribbean Lies in Integration

Havana, Feb. 7 (AIN) Delegates in Havana at the 8th International Meeting of Economists agreed that the future of the Caribbean lies in its integration.Worldwide renowned experts reached that conclusion during a workshop entitled "The Caribbean: Facing the Challenges of the 21st Century."

Among the personalities that took part in the discussion were Carolina Anstey, with the World Bank; Antonio Romero, with the Latin American Economic System; and Tania Garcia, with the Cuba's Juan Marinillo Center.

Among countries in the so-called Great Caribbean, there is evident uneven development that prevents nations from coordinating common economic policies, explained the Cuban expert. In addition, the insufficient intra-regional trade in the Caribbean worsens the situation, while the US and Europe serve as the major markets for the area, said the expert.

Tania Garcia pointed out the need to create autonomous integration able to face the global economy and regional imbalance. Both Erick Toussaint, with the International Debt Observatory in Belgium, and Lazaro Paris, with Bolivia's Indigenous Movement agreed on the need to denounce the policies of the World Bank and International Monetary Fund, which they described as outrageous.

According to the experts, the two institutions have become mechanisms which seek only to meet the US' economic and political interests and those of its European allies.

Copyright ©2004 National News Agency CUBA (AIN)

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