The Rise and Fall of a Bahamian Staple: The Sisal Industry
The economic history of The Bahamas is a complex tapestry woven from successive, often fleeting, booms in agricultural commodities. While the archipelago is globally renowned for its tourism today, a closer look at its past reveals a period when a fibrous plant, Agave sisalana, or sisal, was poised to become the nation's economic backbone. The Sisal Industry of The Bahamas, though ultimately short-lived, represents a pivotal chapter in the country's development, marked by ambitious foreign investment, a brief period of prosperity, and a rapid decline in the face of global market forces and domestic challenges. Its story serves as a powerful illustration of the precarious nature of monoculture economies and the complex interplay between colonial ambition, environmental conditions, and technological change.