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Based on hitherto classified government documents and interviews with many of the key decision-makers, the author examines the People’s Revolutionary Government of Grenada’s (PRG) economic successes and failures during its four and one-half year reign. It includes discussions of how the PRG attempted to realize its intentions; the most important political and economic problems faced by the government in light of its foreign aid socialism strategy; Grenada’s role in the Soviet block; how Grenada gained allies and aid; general problems of economic development, including proposed solutions and results; and the different sectors of the Grenadan economy and the macroeconomic success of the PRG.
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Based on hitherto classified government documents and interviews with many of the key decision-makers, the author examines the People’s Revolutionary Government of Grenada’s (PRG) economic successes and failures during its four and one-half year reign. It includes discussions of how the PRG attempted to realize its intentions; the most important political and economic problems faced by the government in light of its foreign aid socialism strategy; Grenada’s role in the Soviet block; how Grenada gained allies and aid; general problems of economic development, including proposed solutions and results; and the different sectors of the Grenadan economy and the macroeconomic success of the PRG.