The New Trade Environment and Trade Performance in the Caribbean
Caribbean countries face a rapidly changing trade environment, which presents both opportunities and challenges for economies highly dependent on external markets. The features of the new trade environment include: i) redefinition of relations with...
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Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/06/19799980/new-trade-environment-trade-performance-caribbean http://hdl.handle.net/10986/20014 |
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okr-10986-200142021-04-23T14:03:53Z The New Trade Environment and Trade Performance in the Caribbean World Bank AGRICULTURE AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BENCHMARK BENCHMARKING BUSINESS ENVIRONMENT BUSINESS PERFORMANCES COMMODITIES COMMODITY COMMON MARKET COMPARATIVE ADVANTAGE COMPETITIVE PRESSURES COMPETITIVENESS INDEX CONNECTIVITY CONNECTIVITY INDEX CUSTOMS DEEPER TRADE INTEGRATION DEVELOPING COUNTRIES DOMESTIC MARKETS ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC SIZE ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKETS EXPECTED VALUE EXPLOITATION EXPORT BASKET EXPORT BASKETS EXPORT DYNAMISM EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SECTORS EXPORT SHARE EXPORT VALUE EXPORTERS EXPORTS EXTERNAL TRADE EXTERNAL TRADE POLICY FINANCIAL CRISIS FINANCIAL SECTOR FOREIGN FIRMS GDP GENERAL EQUILIBRIUM GLOBAL COMPETITIVENESS GLOBAL ECONOMY GLOBAL TRADE GLOBALIZATION GRAVITY MODEL GRAVITY MODELS GROWTH POTENTIAL GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPACT OF TRADE IMPORTS INSURANCE INTERNATIONAL TRADE INTRAREGIONAL TRADE LABOR PRODUCTIVITY MARKET ECONOMY MARKET SHARE METALS NATURAL RESOURCE NATURAL RESOURCES OIL OPENNESS PER CAPITA INCOME PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRODUCTION COSTS RAPID GROWTH REGIONAL INTEGRATION REGIONAL TRADE REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY IMPEDIMENTS SCIENTIFIC RESEARCH SHARE OF WORLD EXPORTS SINGLE MARKET SMALL ECONOMIES SPECIALIZATION TARIFF RATE TARIFF RATES TOURISM TRADE AGREEMENT TRADE BALANCE TRADE BALANCES TRADE BARRIERS TRADE BLOCS TRADE DEFICIT TRADE DEFICITS TRADE DETERMINANTS TRADE FACILITATION TRADE LOGISTICS TRADE MORE TRADE OPENNESS TRADE PARTNERSHIP TRADE PERFORMANCE TRADE RELATIONS TRADE RELATIONSHIPS TRADE SURPLUS TRANSPORT COSTS VALUE ADDED WORLD DEVELOPMENT INDICATOR WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKET WORLD MARKETS Caribbean countries face a rapidly changing trade environment, which presents both opportunities and challenges for economies highly dependent on external markets. The features of the new trade environment include: i) redefinition of relations with their main trading partners, including the United States, where Caribbean exports continue to enjoy preferential access under the Caribbean Basin Initiative, and the European Union, through the recently signed Economic Partnership Agreement; ii) the increasing economic influence of the new growth poles1 (Brazil, Russia, India, Indonesia, China and Korea) ; iii) and the redesign of the CARICOM regional trade agreement in order to implement the Caribbean Single Market Economy (CSME) as well as a number of preferential trade agreements within the region. These changes are likely to change the trading structure of the Caribbean countries and, through this restructuring, to have implications for the welfare of these economies. Understanding these implications is critical in terms of designing appropriate policy response to the trade changes but also in terms of eventually re-shaping trade agreements and policies. 2014-09-09T21:02:17Z 2014-09-09T21:02:17Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/19799980/new-trade-environment-trade-performance-caribbean http://hdl.handle.net/10986/20014 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean Caribbean |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
AGRICULTURE AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BENCHMARK BENCHMARKING BUSINESS ENVIRONMENT BUSINESS PERFORMANCES COMMODITIES COMMODITY COMMON MARKET COMPARATIVE ADVANTAGE COMPETITIVE PRESSURES COMPETITIVENESS INDEX CONNECTIVITY CONNECTIVITY INDEX CUSTOMS DEEPER TRADE INTEGRATION DEVELOPING COUNTRIES DOMESTIC MARKETS ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC SIZE ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKETS EXPECTED VALUE EXPLOITATION EXPORT BASKET EXPORT BASKETS EXPORT DYNAMISM EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SECTORS EXPORT SHARE EXPORT VALUE EXPORTERS EXPORTS EXTERNAL TRADE EXTERNAL TRADE POLICY FINANCIAL CRISIS FINANCIAL SECTOR FOREIGN FIRMS GDP GENERAL EQUILIBRIUM GLOBAL COMPETITIVENESS GLOBAL ECONOMY GLOBAL TRADE GLOBALIZATION GRAVITY MODEL GRAVITY MODELS GROWTH POTENTIAL GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPACT OF TRADE IMPORTS INSURANCE INTERNATIONAL TRADE INTRAREGIONAL TRADE LABOR PRODUCTIVITY MARKET ECONOMY MARKET SHARE METALS NATURAL RESOURCE NATURAL RESOURCES OIL OPENNESS PER CAPITA INCOME PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRODUCTION COSTS RAPID GROWTH REGIONAL INTEGRATION REGIONAL TRADE REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY IMPEDIMENTS SCIENTIFIC RESEARCH SHARE OF WORLD EXPORTS SINGLE MARKET SMALL ECONOMIES SPECIALIZATION TARIFF RATE TARIFF RATES TOURISM TRADE AGREEMENT TRADE BALANCE TRADE BALANCES TRADE BARRIERS TRADE BLOCS TRADE DEFICIT TRADE DEFICITS TRADE DETERMINANTS TRADE FACILITATION TRADE LOGISTICS TRADE MORE TRADE OPENNESS TRADE PARTNERSHIP TRADE PERFORMANCE TRADE RELATIONS TRADE RELATIONSHIPS TRADE SURPLUS TRANSPORT COSTS VALUE ADDED WORLD DEVELOPMENT INDICATOR WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKET WORLD MARKETS |
spellingShingle |
AGRICULTURE AVERAGE TARIFF AVERAGE TARIFFS AVERAGE TRADE BENCHMARK BENCHMARKING BUSINESS ENVIRONMENT BUSINESS PERFORMANCES COMMODITIES COMMODITY COMMON MARKET COMPARATIVE ADVANTAGE COMPETITIVE PRESSURES COMPETITIVENESS INDEX CONNECTIVITY CONNECTIVITY INDEX CUSTOMS DEEPER TRADE INTEGRATION DEVELOPING COUNTRIES DOMESTIC MARKETS ECONOMIC DEVELOPMENT ECONOMIC RESEARCH ECONOMIC SIZE ECONOMIES OF SCALE EMERGING ECONOMIES EMERGING MARKETS EXPECTED VALUE EXPLOITATION EXPORT BASKET EXPORT BASKETS EXPORT DYNAMISM EXPORT EARNINGS EXPORT GROWTH EXPORT PERFORMANCE EXPORT SECTORS EXPORT SHARE EXPORT VALUE EXPORTERS EXPORTS EXTERNAL TRADE EXTERNAL TRADE POLICY FINANCIAL CRISIS FINANCIAL SECTOR FOREIGN FIRMS GDP GENERAL EQUILIBRIUM GLOBAL COMPETITIVENESS GLOBAL ECONOMY GLOBAL TRADE GLOBALIZATION GRAVITY MODEL GRAVITY MODELS GROWTH POTENTIAL GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPACT OF TRADE IMPORTS INSURANCE INTERNATIONAL TRADE INTRAREGIONAL TRADE LABOR PRODUCTIVITY MARKET ECONOMY MARKET SHARE METALS NATURAL RESOURCE NATURAL RESOURCES OIL OPENNESS PER CAPITA INCOME PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PREFERENTIAL TRADE PREFERENTIAL TRADE AGREEMENTS PRODUCTION COSTS RAPID GROWTH REGIONAL INTEGRATION REGIONAL TRADE REGRESSION ANALYSIS REGULATORY ENVIRONMENT REGULATORY IMPEDIMENTS SCIENTIFIC RESEARCH SHARE OF WORLD EXPORTS SINGLE MARKET SMALL ECONOMIES SPECIALIZATION TARIFF RATE TARIFF RATES TOURISM TRADE AGREEMENT TRADE BALANCE TRADE BALANCES TRADE BARRIERS TRADE BLOCS TRADE DEFICIT TRADE DEFICITS TRADE DETERMINANTS TRADE FACILITATION TRADE LOGISTICS TRADE MORE TRADE OPENNESS TRADE PARTNERSHIP TRADE PERFORMANCE TRADE RELATIONS TRADE RELATIONSHIPS TRADE SURPLUS TRANSPORT COSTS VALUE ADDED WORLD DEVELOPMENT INDICATOR WORLD DEVELOPMENT INDICATORS WORLD ECONOMY WORLD MARKET WORLD MARKETS World Bank The New Trade Environment and Trade Performance in the Caribbean |
geographic_facet |
Latin America & Caribbean Caribbean |
description |
Caribbean countries face a rapidly
changing trade environment, which presents both
opportunities and challenges for economies highly dependent
on external markets. The features of the new trade
environment include: i) redefinition of relations with their
main trading partners, including the United States, where
Caribbean exports continue to enjoy preferential access
under the Caribbean Basin Initiative, and the European
Union, through the recently signed Economic Partnership
Agreement; ii) the increasing economic influence of the new
growth poles1 (Brazil, Russia, India, Indonesia, China and
Korea) ; iii) and the redesign of the CARICOM regional trade
agreement in order to implement the Caribbean Single Market
Economy (CSME) as well as a number of preferential trade
agreements within the region. These changes are likely to
change the trading structure of the Caribbean countries and,
through this restructuring, to have implications for the
welfare of these economies. Understanding these implications
is critical in terms of designing appropriate policy
response to the trade changes but also in terms of
eventually re-shaping trade agreements and policies. |
format |
Publications & Research :: Brief |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
The New Trade Environment and Trade Performance in the Caribbean |
title_short |
The New Trade Environment and Trade Performance in the Caribbean |
title_full |
The New Trade Environment and Trade Performance in the Caribbean |
title_fullStr |
The New Trade Environment and Trade Performance in the Caribbean |
title_full_unstemmed |
The New Trade Environment and Trade Performance in the Caribbean |
title_sort |
new trade environment and trade performance in the caribbean |
publisher |
Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2014/06/19799980/new-trade-environment-trade-performance-caribbean http://hdl.handle.net/10986/20014 |
_version_ |
1764444288107675648 |