A Macroeconomic & Public Policy Think Tank - SEDI VISION 2020
Discover a World of Possibilities in America's Caribbean - USVI
SEDI's Alexander Hamilton Economic Stimulus Plan
Caribbean-Americas Single Economy (C.A.S.E)
SEDI "Making the CASE"
The SEDI Think Tank founding was a result of the 2007 St. Croix Economic Summit, and the post 2008 global economic great recession, and its impact on the USVI economy. SEDI has been designated with the responsibility and duties of implementing the 2007 Economic Summit whitepaper document (St. Croix Economic Development Initiative), and its agenda mandate.
St. Croix, US Virgin Islands. Come Rediscover the boyhood home of Alexander Hamilton, one of America's Founding Fathers.
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Alexander Hamilton a Caribbean man who should have been a U.S. President. The man who made modern America.
He was born in the West Indies (Nevis), and later grew on St. Croix. St. Croix was the boyhood home of Alexander Hamilton.
US Virgin Islands use U.S. Currency and have the protection of the U.S. flag and U.S. courts.
Manufacturers have duty-free, quota-free access to the U.S. mainland with "Made in the USA" labels on many types. Alexander Hamilton on the U.S. Ten Dollar Bill
An American Founding Father (Co-Authored the U.S. Constitution).
The architect of the American Financial System and the U.S. Federal Government. Watch Video
First U.S. Treasury Secretary (He is one of two person who's face appears on a U.S. currency that were Non-Presidents). He created the U.S. Mint and the U.S. Coast Guard.
Bank of New York - Founder (Now BNY Mellon)
Federal Reserve/Central Bank
Alexander Hamilton formed the First National Bank of America in 1784 and became its first director. His objective was to create a central bank modeled after the Bank of England. The United States government becoming a Federal government under Washington’s presidency was to then assume all the State’s debt and borrow all its money from First National Bank. Visit the Alexander Hamilton Virtual Museum Exhibit Click Here
To learn more about the life and legacy of Alexander Hamilton Click Here
SEDI's Alexander Hamilton Economic Stimulus Plan
Caribbean-Americas Single Economies (C.A.S.E)
New opportunities for trade between the U.S. and Latin America & Caribbean - A viable role for the US Virgin Islands as a Commerce Gateway
SEDI JUMPSTART TOURISM INITIATIVE plans to help build St. Croix tourism product and branding, SEDI is introducing the Alexander Hamilton Economic Stimulus Plan for St. Croix.
SEDI Economic Development Project Proposal (A Major Tourism Attraction): Build a World-Class Caribbean-American History & Alexander Hamilton Museum, and Education Institute (Center for Caribbean Studies & Broadcasting-CPB)
Caribbean-Americans: An Invisible Minority Seeking Identity And Affirmation
Caribbean-American Numbering conservatively at some 3 million by the U.S. Census, or just over 9 percent of the total foreign-born population, Caribbean immigrants may be black, white, Latino, East Indian, Chinese, Arab, Christian, Muslim, Hindu, etc, thus it is quite difficult to make broad generalizations of this unique group.
Including long-settled migrants, the total Caribbean population and those of Caribbean descent in the U.S. may be as high as 22 million.
The majority, about 70 percent of Caribbeans and their descendants, live in either New York or Florida, with significant communities found in New Jersey, Connecticut, Massachusetts, Georgia, Pennsylvania, Maryland and Washington, D.C.,among other states.
Cubans, Dominicans, Jamaicans, Haitians, Trinidadians and Guyanese account for the largest Caribbean groups in the country at present. (Source: International Business Times)
Geopolitically, the Caribbean islands are usually regarded as a sub region of North America and are organized into 30 territories including sovereign states, overseas departments, and dependencies.
Ethnic groups Afro-Caribbean, White Caribbean,Indo-Caribbean, Chinese Caribbean,Middle Eastern-Caribbean, Arawak (Kalinago,Taíno)
LanguagesSpanish, English, French, Dutch,French Creole, English Creole,Caribbean Hindustani, among others
Government 13 sovereign states,17 dependent territories
Largest citiesList of metropolitan areas in the West Indies
Santo Domingo, Havana, Port-au-Prince, Santiago de los Caballeros, Kingston, Santiago de Cuba, San Juan, Holguín, Cap-Haïtien, Fort-de-France, Port of Spain (Source: Wikipedia) Read Press Release
Why is Trade Important between the Caribbean and United States
Read Supporting Document
American security Project
Geopolitics and economics are bringing U.S. foreign policy back to the Caribbean Click Here
US Vice President and Caricom leaders did reach consensus agreements during the meeting, however. Vice President Biden and CARICOM Chair Michel Martelly, who is also president of Haiti, signed a trade and investment framework agreement to further the current trade relationship between the U.S. and the Caribbean region. Biden also signed a Memorandum of Understanding with Prime Minister Persad-Bissessar to jointly create a renewable energy research center for the Caribbean in Trinidad and Tobago. “There’s probably no group of nations better situated to take advantage of renewable energy possibilities than here in the Caribbean,” Biden said. Persad-Bissessar and Biden also signed a “status of forces” agreement between Trinidad and the United States that could pave the way for a more active U.S. military presence in and around the southern Caribbean.
These agreements aside, the vice president’s remarks at the conclusion of the meetings hinted at a much for conciliatory and approachable tone from the United States to its Caribbean neighbors. Biden used a good portion of the address to emphasize the positive aspects of current relations with the United States. He cited the elimination of many tariffs through the Caribbean Basin Initiative, the $200 million dollars pledged to support the Caribbean Basin Security Initiative and the $8 billion in remittances sent back to the Caribbean by members of the diaspora living and working in the United States. (Source: Americas Quarterly)
As the United States remains the main individual trading partner for Latin America and the Caribbean, conditions are now right to launch a new era of economic and trade cooperation, according to a new report by United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
U.S. Trade Policy and the Caribbean: From Trade
Preferences to Free Trade Agreements - Click here to view report
Coming Soon... SEDI's Alexander Hamilton Startup VISA Program
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The United States and Latin America and the Caribbean Highlights of economics and trade
The early years of this new decade have brought good news for Latin America and the Caribbean. The region weathered the international crisis with unprecedented resilience and emerged from it sooner and more strongly than the developed economies. It grew by 6% in 2010, and is expected to grow by over 4% in 2011. The region's economic reforms of past decades, its fiscal and macroeconomic prudence and its sound financial supervision, together with ever closer commercial ties with China and other emerging economies, have allowed it not only to successfully navigate through the worst international crisis of the past 80 years but also to enter the new decade with a promising outlook for growth and advances in quality of life. For the first time in its history, the region achieved during the past decade a combination of high growth, macroeconomic stability, poverty reduction and improvement in income distribution. On the strength of the foregoing and of its privileged endowment in natural resources, energy, water and biodiversity, the Latin American and Caribbean region will be called upon to assume an increasingly larger role in the global economy. At Davos and other specialized forums, it has been said that this could be the decade of the Latin American and Caribbean region and that, with regard to global economic recovery, the region is today firmly part of the solution.
The region's resilience to, and strong recovery from, the international financial crisis have renewed the interest of the European Union in strengthening linkages with it. At the same time, the Asia-Pacific region ?particularly the People's Republic of China? has become a privileged trading partner for Latin America and the Caribbean. These closer trade and investment links have been both a cause for and a result of the increasing number of trade agreements already in force or under negotiation that link various countries of the region with the European Union and Asia-Pacific.
In this context of special opportunities and diversification of trading partners, the share of the United States of America in the region's trade has been shrinking. More importantly, there is a perception in Latin America and the Caribbean that the United States lacks strategic vision vis-à-vis the region. In past decades, the Alliance for Progress, the Initiative for the Americas and, later, the Free Trade Area of the Americas (with which ECLAC, the Inter-American Development Bank and the Organization of American States collaborated through the Tripartite Committee) were all ambitious United States initiatives for regional cooperation. Today no such initiatives exist.
Despite recent improvements on many fronts, the Latin American and Caribbean region faces some formidable structural challenges. It still has the highest indices of inequality in the world, as well as serious lags in technology, innovation and competitiveness. Nevertheless, the region, together with its main partners, is approaching these challenges as opportunities for new partnerships that promote growth and development through increased trade and investment. The United States can and should be an active partner of the region in this endeavour.
The visit of President Obama to three Latin American countries provides the United States with a unique opportunity to revitalize hemispheric relations. It could do so by presenting proposals for a strategic dialogue and for new hemispheric initiatives in trade and investment to strengthen cooperation between the United States and the region.
(Source: Economic Commission for Latin America and the Caribbean - ECLAC). Click to view full report