Minimising foreign control of land in an era of globalisation prospects for St. Lucia |
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Authors: | Michelle Mycoo |
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Institution: | Graduate Programme in Planning and Development, Department of Surveying and Land Information, The University of the West Indies, St. Augustine, Trinidad and Tobago |
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Abstract: | Although globalisation is not a recent phenomenon, it is the trend toward trade liberalisation that poses the greatest threat to small countries. The paramount question is how can small states buffeted by the forces of trade liberalisation attract foreign investment while protecting their populations from the foreign control of land. Using St. Lucia as a case study, this paper reviews the existing land tenure system, examines the force of current legislative, fiscal and land use policy instruments used to limit foreign control of land, and presents alternatives for curtailing the potentially negative effect of trade liberalisation on the foreign control of land. |
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Keywords: | Foreign land control Land tenure systems Trade liberalisation Land policy St Lucia |
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