Does the money even work?

Even if you accepted that reparations were legally and morally justified and that a workable payment mechanism existed, there remains a fundamental question that the reparations campaign almost never engages with: would the money actually help?

Development economics has a substantial body of evidence on the effects of large financial transfers to developing country governments. The results are mixed at best. Money that goes to governments rather than directly to people tends to produce less impact on poverty and inequality than its scale would suggest. The institutional quality of the recipient government, its capacity to translate financial resources into services and development, matters enormously. And for several CARICOM member states, that institutional quality is limited.

This section examines the evidence from comparable schemes, addresses the claim that Britain’s empire was built on slavery, looks honestly at the record of Caribbean self-governance since independence, and asks what interventions would actually help Caribbean people rather than simply satisfying a political demand.