ABSTRACT
This chapter describes the main elements of the development strategy known as “industrialization by invitation” and also analyses its effects and implications using two source cases: the English-speaking Caribbean countries and Puerto Rico. The strategy was first formulated by the Saint Lucian economist and Nobel Laureate, Arthur Lewis (1915-1991). Lewis envisaged industrialization as a process requiring the simultaneous development of agriculture and industry. Industry would absorb the surplus labor emanating from agriculture allowing the sector to increase its productivity and standard of living. The improvement in agricultural conditions would allow it to generate a demand for manufacturing products.
