The CARICOM Single Market and Development in a Small Town in St. Lucia

Abstract

This paper attempts to inquire into the extent to which the provisions of the CSM will promote socio-economic development in Vieux Fort town, St. Lucia, in terms of promoting higher levels of economic activity in the town which may result in more employment and income opportunities for both residents and business establishments and thus, over time, lead to a reduction in poverty and an overall improvement in the standard of living of residents in the town and outer districts. Concludes that the study reveals overwhelmingly, that the CSM does not currently present the best prospects for socio-economic development in Vieux Fort town.