entity Updated 2026-08-08 Tags: Region, Small-Economies, Tourism, Trade

Caribbean

Caribbean is the regional frame in Sand heists and property rights in the Caribbean (Summer School). The episode treats Caribbean islands as small open economies whose exposure to hurricanes, oil prices, global interest rates, debt, and tourism dependence makes economic concepts unusually visible.

The region also supplies the episode’s institutional contrasts. Barbuda shows how Communal Land Tenure, Property Rights As Investment Incentive, and Path Dependence can collide after disaster, while Jamaica shows how beach tourism, resort demand, and limited enforcement capacity make Sand Scarcity and Sand Theft Externality concrete.

Connections