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1997

Divestment

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Full-Text Articles in Economic Policy

Telecommunications Divestment: An Erosion Of Democracy In The Caribbean, Patricia K. Mccormick Apr 1997

Telecommunications Divestment: An Erosion Of Democracy In The Caribbean, Patricia K. Mccormick

Communication Faculty Research Publications

This article examines the undemocratic process of telecommunications divestment in Jamaica and Trin- idad and Tobago. The divestment of the telecommunications sector was largely prompted by each state’s inability to service external debt. Despite espousing the importance of public participation in the ownership of state-owned en- terprises being divested, the governments each limited or excluded nationals from ownership of the telephony com- panies. Divestment of the telecommunications sector was principally undertaken through private negotiations with Cable and Wireless which has historically provided service to former British colonies. This continued colonization of the telecommunications sector is at odds with the democratic …