Download or read book Trade and Integration in the Caribbean written by Mr.Chandima Mendis and published by INTERNATIONAL MONETARY FUND. This book was released on 2002-09-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes trade in the Caribbean community (CARICOM) using a gravity model framework. The paper seeks to shed light on the dynamics of trade among CARICOM member countries, as well with the rest of world over 1980–99. Overall, the results show that intra-CARICOM trade has increased, suggesting that further regional integration is desirable. At the same time, CARICOM’s trade with the rest of the world has risen as well, fueled notably by the reduction of the arrangement’s common external tariff and despite the negative impact of the declining preferential access to EU markets for banana. In contrast, WTO membership does not appear to have had a positive impact on trade. Overall, it appears that trade liberalization is consistent with greater CARICOM trade integration.
Download or read book Latin American and Caribbean Trade Agreements written by Thomas Andrew O'Keefe and published by BRILL. This book was released on 2009 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas is the essential reference guide for companies trading with Latin America and the Caribbean or wishing to use a country in the region as an export platform. This work fills the void in academic texts that are used to teach courses on economic integration in the Western Hemisphere. It provides a road map for the Obama Administration to launch an ambitious project designed to encourage economic growth, promote energy security, and reduce harmful greenhouse gas emissions, while at the same time realistically meeting the development needs of Latin America and the Caribbean. Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas posits that the myopic focus of past United States administrations on free markets to spur economic development in the Western Hemisphere is not enough. A bolder and more ambitious project that also seeks to redress many of the deep-seated problems that have long plagued the region is required. The Community of the Americas proposed in this book rests upon the important work that has already been done at the sub-regional level in terms of economic and political reform, identifying infrastructure and human capital needs, and regulating migration. It provides a new and cohesive vision for U.S. policy in Latin America and the Caribbean.
Download or read book The Caribbean Community written by Anneke Jessen and published by BID-INTAL. This book was released on 1999 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Policy in CARICOM written by United Nations. Economic Commission for Latin America and the Caribbean and published by . This book was released on 1999 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Caricom Single Market and Economy written by Kenneth O. Hall and published by Ian Randle Publishers. This book was released on 2007 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The CARICOM Single Market and Economy (CSME) has for years been touted as the most critical pillar in Caribbean regional integration. Yet, for years, the implementation of the CSME stalled due to the absence of a common view as to its feasibility, the speed of its implementation, the institutional capacity, programming for public education and ultimately, its benefits. In this work, a special edition of the Integrationist, and put together by the UWI-CARICOM project, the CSME is explained in all its dimensions. The contents cover the background to the establishment of the CSME and perspectives on its implementation. The main provisions and expected benefits of the Single Market are also presented along with the strategic framework and efforts at resource mobilisation to make the CSME a reality. The importance of the Caribbean Court of Justice to the effective functioning of the CSME is also outlined. The book concludes with a call to the member states for a unity in both understanding and action in the pursuit of integration, not as choice, but rather as necessity. The work is complemented by the inclusion of several appendices notably the original 1989 Grand Anse Declaration, the 2005 PetroCaribe Agreement as well as an indicative plan of action by priorities and an outline of major technical assistance resource gaps. "
Download or read book Understanding International Trade written by Edwin Laurent and published by Ian Randle Publishers. This book was released on 2007 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Provides helpful insights and discourse on the major trade and related economic issues that currently engage the minds of policy makers and key stakeholders in the Caribbean Community" -- Preface.
Download or read book Imperial Power and Regional Trade written by Abigail B. Bakan and published by Wilfrid Laurier Univ. Press. This book was released on 2006-01-01 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: The election of Ronald Reagan as President of the United States in November 1980 opened a new chapter in international relations; U.S. foreign policy shifted from an alliance-based, consensual approach to one based on a more overt use of its immense economic and, above all, military power. This policy entailed some stark choices for the U.S.A.’s allies and neighbours and, above all, for the small countries of Central America and the Caribbean. This revealing book tells the story of the Caribbean Basin Initiative (CBI), through which the new assertion of U.S. hegemony in the region was expressed. The CBI entitled “friendly” countries of the region (i.e., excluding Cuba, pre-invasion Grenada and Nicaragua) to military and economic aid plus incentives, modelled on the so-called “Puerto Rican miracle,” so as to reorient their trade towards the U.S.A. The authors carefully compare the claims made for the CBI with its underlying political objectives and examine its actual impact on regional development through detailed case studies of the Eastern Caribbean and Trinidad. Also examined are the impact of the CBI on Caribbean regional integration and the responses of Canada and Britain, the two other major countries with long-standing political and economic interests in the Caribbean. What emerges from this investigation is the way the CBI reflects the U.S.A.’s historic quest for regional dominance, rather than a new era in Caribbean development.
Download or read book Accelerating Trade and Integration in the Caribbean written by World Bank and published by World Bank Publications. This book was released on 2009-07-17 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this report is to help policymakers in the Caribbean design an agenda of policy actions to accelerate trade integration and growth and reduce poverty. The report is a joint response from the World Bank and the Organization of American States (OAS) to a demand statement from the member states of CARICOM, formulated by the Caribbean Regional Negotiating Machinery and the CARICOM Secretariat, to strengthen the analytical underpinnings of the linkages between trade, economic growth, and poverty. It aims at centering the Caribbean's next round of trade reforms and its overall agenda around trade on these key thematic areas. The report provides an overview of the economic and trade system context of the Caribbean, under which the new trade environment is operating. It then discusses the opportunities and challenges for the Caribbean associated with the new trade environment. It finally quantifies the gains from global trade integration using a dynamic macroeconomic analysis. The report provides policy priorities to accelerating Caribbean integration into the world economy and to reap the benefits of global competition. Each part of the report focuses on a key question and adds value by providing an in-depth analysis of the issues raised and laying the foundations for policy recommendations described in the last chapter of the report: * Part I (Overview of economic and trade system context): is Caribbean's economic and trade system sound enough to sustain the new era of its global trade relations which is being shaped? * Part II (Focuses on the analysis of the new opportunities and challenges of the new trade environment): what are the opportunities and challenges that the new trade environment offers to the Caribbean? * Part III (Presents an assessment of the impact of the EPA on growth and poverty using two types of macroeconomic models): what are the gains in terms of growth and poverty reduction of the recently negotiated EPA?
Download or read book Caricom s Trade written by Caribbean Community Secretariat and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade and Development Issues in CARICOM Key Considerations for Navigating Development written by Roger Hosein and published by . This book was released on 2022-03-31 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of CARICOM-specific research represents a spectrum of writing on interrelated themes of trade, growth, debt and the environment as it applies to development prospects in the Caribbean. The contributors include a mix of researchers, at various levels of experience and institutional representation, who utilize theoretical and empirical perspectives to examine key concerns of policymakers and other stakeholders. The editors have organized the discussions in such a way as to sequence thought about the region which emphasizes the peculiarities of smallness and openness in the context of a globalized world. The importance of economic integration regionally and integration into established global production value chains are highlighted. This type of strategy becomes obviously relevant especially in the post-Covid-19 recovery processes. Trade and Development Issues in CARICOM represents a point of reference for regional policymakers and thinkers to contemplate the multi faceted nature of regional growth and development
Download or read book Trade and Economic Development in Small Open Economies written by Arnold Mcintyre and published by Praeger. This book was released on 1995-08-30 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The overall economic performance of Caribbean countries has declined markedly in recent times. The weak export performance of these trade-oriented economies is highlighted as the principal factor responsible for the economic deterioration. The author attempts to identify the major determinants of their export performance. Two alternative approaches to this issue are adopted, the Feder model and an alternate, which suggests the important nexus between foreign exchange, needed imports and exports. The role of government institutions and their influence on exchange rates are also analyzed. Scholars in economic development, Latin America, as well as international financial institutions will find this comprehensive study on the English speaking Caribbean countries of Jamaica, Trinidad and Tobago, and Barbados a useful tool.
Download or read book Caricom written by Ioannis Vasileiou and published by . This book was released on 2020-01-17 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: CARICOM comprises 15 member states (Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname and Trinidad and Tobago) as well as five Associate members (Anguilla, Bermuda, British Virgin Islands, Cayman Islands and Turks and Caicos Islands). Despite the fact that CARICOM's members are relatively small with regard to both size and population, numerous significant economic differences can indeed be observed among them. Two are the principal targets of this book. The first is the scrupulous examination of the profiles of the 15 CARICOM members followed by a methodical comparative analysis, while the second is the conscientious scrutiny with respect to CARICOM's foremost characteristics, its structure and its main future objectives.
Download or read book Regional integration what in it for CARICOM Working Paper ITD Documento de Trabajo ITD 29 written by Mauricio Mesquita Moreira and published by BID-INTAL. This book was released on 2006 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and political integration have been a perennial and neuralgic issue in the Caribbean agenda. This paper draws on the literature on trade, growth and regional agreements to discuss the motivation behind the Caribbean drive for integration, the results obtained so far and what is in stock for the future. It argues, with the help of descriptive statistics, an empirical growth model and a gravity model, that the traditional, trade related gains from regional integration have been and are bound to be limited because of (i) the countries' high openness; (ii) the limited size of the common, enlarged market; and (iii) the countries' relatively similar factor endowments. It also argues, though, that gains in the area of non-tradables, due to economies of scale which cannot be mitigated by trade and openness, can be substantial.
Download or read book CARICOM Single Market and Economy written by Kenneth O. Hall and published by Ian Randle Publishers. This book was released on 2007 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Coping with the Collapse of the Old Order written by Kenneth Hall and published by Trafford Publishing. This book was released on 2013-02-19 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: On July 4, 2009, the region celebrated thirty-six years as a formal Caribbean Community (CARICOM). The analyses contained in this publication in the The Integrationist Series all tend to suggest that CARICOM now, more than ever, needs to transform its experiences over these years into a more structured foundation for maximising the multiplier effects of collective representation, and for leveraging CARICOMs diplomatic efforts and resources in a more coordinated and integrated manner. This imperative is necessitated by the rapidly changing international environment which has far too often impacted negatively on small developing countries, leaving them increasingly vulnerable and marginalized.
Download or read book Is the Whole Greater than the Sum of its Parts Strengthening Caribbean Regional Integration written by Abdullah Al-Hassan and published by International Monetary Fund. This book was released on 2020-01-17 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deeper economic integration within the Caribbean has been a regional policy priority since the establishment of the Caribbean Community (CARICOM) and the decision to create the Caribbean Single Market and Economy (CSME). Implementation of integration initiatives has, however, been slow, despite the stated commitment of political leaders. The “implementation deficit” has led to skepticism about completing the CSME and controversy regarding its benefits. This paper analyzes how Caribbean integration has evolved, discusses the obstacles to progress, and explores the potential benefits from greater integration. It argues that further economic integration through liberalization of trade and labor mobility can generate significant macroeconomic benefits, but slow progress in completing the institutional arrangements has hindered implementation of the essential components of the CSME and progress in economic integration. Advancing institutional integration through harmonization and rationalization of key institutions and processes can reduce the fixed costs of institutions, providing the needed scale and boost to regional integration. Greater cooperation in several functional policy areas where the region is facing common challenges can also provide low-hanging fruit, creating momentum toward full integration as the Community continues to address the obstacles to full economic integration.
Download or read book The Caribbean Economies in an Era of Free Trade written by Michael Witter and published by Routledge. This book was released on 2017-11-28 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is concerned with the impact of economic globalization and an unregulated global market system on the Caribbean economies. The book is in three parts. Part I examines theoretical issues and includes an assessment of recent globalization trends, the limits of globalization, and the question of uneven development. Part II considers alternative policy solutions including interventionist alternatives, effective monetary strategies and innovative tourism strategies. Part III focuses on Jamaica and the Bahamas. Overall, this book provides a rich menu for alternative economic policies in the Caribbean at the turn of the century.
