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
- Barbuda, Antigua and Barbuda, and Jamaica - source cases.
- Damian King and Caribbean Policy Research Institute - expert context.
- Small Open Economy Vulnerability, Tourism-Dependent Small Economy, and Small-State Enforcement Capacity - regional economic concepts.
- Free Trade Distributional Cost - adjacent trade frame the source partly qualifies by emphasizing high-tariff underperformance in Caribbean economies.