Accelerating Trade and Integration
in the Caribbean : Policy Options for Sustained Growth, Job
Creation, and Poverty Reduction

Accelerating Trade and Integration in the Caribbean : Policy Options for Sustained Growth, Job Creation, and Poverty Reduction

This volume builds on the foundation laid by the 2005 report by focusing on the factors affecting the region's competitiveness and the critical role that the Caribbean Single Market and Economy (CSME) has to play as a driver of integration and...

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Bibliographic Details
Main Authors:	Hamilton, Pamela Coke, Tsikata, Yvonne, Moreira, Emmanuel Pinto
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	AGGREGATE EXPORTS AGREEMENT ON TRADE AGRICULTURAL PRODUCTS AGRICULTURE AVERAGE TARIFFS AVERAGING BILATERAL AGREEMENTS BILATERAL TARIFF BILATERAL TARIFF REDUCTION BILATERAL TRADE BILATERAL TRADE AGREEMENTS BINDING CONSTRAINTS BUSINESS CYCLE CAPITAL FLOWS CAPITAL MARKET CAPITAL STOCK CENTRAL BANK COMMODITY COMMON TRADE POLICY COMPARATIVE ADVANTAGE COMPETITION COMPETITION POLICY COMPETITION POLICY LEGISLATION COMPETITIVENESS CONCESSIONS CONSUMER PRICE INDEX CONSUMER PROTECTION CONSUMPTION COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER COSTS CREDIT CREDIT RATINGS CURRENT ACCOUNT CURRENT ACCOUNT BALANCE CURRENT ACCOUNT DEFICIT CUSTOMS CUSTOMS PROCEDURES CUSTOMS UNION CUSTOMS VALUATION DEBT DEVELOPING COUNTRIES DEVELOPMENT DEVELOPMENT AGENCY DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICIES DEVELOPMENT POLICY DOMESTIC MARKET DYNAMIC ANALYSIS ECONOMIC CRISIS ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMIC POLICY ECONOMIC SIZE ECONOMIES OF SCALE ECONOMY EQUILIBRIUM EXPORT DEMAND EXPORT FACILITATION EXPORT GROWTH EXPORT PERFORMANCE EXPORT PRICE EXPORT PROCEDURES EXPORT PROMOTION EXPORT REVENUE EXPORT SHARES EXPORT SPECIALIZATION EXPORT STRUCTURE EXPORT STRUCTURES EXPORT SUPPLY EXPORTERS EXPORTS EXTERNAL TARIFF EXTERNAL TRADE EXTERNAL TRADE POLICY FACTOR SHARES FINANCIAL CRISIS FINANCIAL SERVICES FISCAL POLICY FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FREE MOVEMENT OF GOODS FREE TRADE FREE TRADE AGREEMENT FREE TRADE AREA FREE TRADE ZONE FULL LIBERALIZATION GDP PER CAPITA GENERAL EQUILIBRIUM GLOBAL COMPETITION GLOBAL COMPETITIVENESS GLOBAL INTEGRATION GLOBAL TRADE GLOBAL TRADING GOODS GROSS DOMESTIC PRODUCT GROSS OUTPUT HIGH TARIFFS IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPERFECT COMPETITION IMPORT PRICE IMPORT TARIFF IMPORTS INCENTIVES INCOME LEVELS INEQUALITY INFLATION RATES INFRASTRUCTURE INVESTMENT INPUTS INSTITUTIONAL CONSTRAINTS INTERNATIONAL MARKET INTERNATIONAL TRADE INTERNATIONAL TRADING INVESTMENT INVESTMENT FLOWS INVESTMENT INCENTIVES JOB CREATION LABOR MARKET LABOR MARKETS LESS DEVELOPED COUNTRY LIBERALIZATION OF TRADE LIBERALIZATION OF TRADE IN GOODS LIQUIDITY MACROECONOMIC ANALYSIS MACROECONOMIC MODELS MACROECONOMIC POLICIES MACROECONOMIC STABILITY MACROECONOMICS MARKET ACCESS MARKET ACCESS OPPORTUNITIES MARKET REGULATION MONOPOLIES MONOPOLY MOST FAVORED NATION NATIONAL ECONOMIES OPEN ECONOMIES OPENNESS OUTCOMES PERFECT COMPETITION PREFERENTIAL ACCESS PREFERENTIAL AGREEMENTS PRODUCTION PRODUCTION COSTS PROFIT RATE PUBLIC FINANCE REAL GDP REGIONAL INTEGRATION REGIONAL TRADE REGIONAL TRADE INTEGRATION REGULATORY FRAMEWORK RENEWABLE ENERGY SHARE SINGLE MARKET SOCIAL DEVELOPMENT SPECIAL PROVISION SPECIALIZATION TARIFF TARIFF BARRIERS TARIFF DISPERSION TARIFF LINES TARIFF REDUCTION TARIFFS TAX TAX EXEMPTIONS TAXATION TAXES TECHNICAL ASSISTANCE TELECOMMUNICATIONS TERMS OF TRADE TOURISM TRADE TRADE ADJUSTMENT TRADE AGENDA TRADE AGREEMENT TRADE AGREEMENTS TRADE ASSOCIATION TRADE BALANCE TRADE CONTEXT TRADE COSTS TRADE DIVERSION TRADE FLOWS TRADE IN SERVICES TRADE INTEGRATION TRADE ISSUES TRADE LIBERALIZATION TRADE LOGISTICS TRADE NEGOTIATION TRADE NEGOTIATIONS TRADE PARTNERS TRADE PARTNERSHIP TRADE PATTERNS TRADE PERFORMANCE TRADE POLICIES TRADE POLICY TRADE POLICY FORMULATION TRADE POLICY REFORMS TRADE PREFERENCES TRADE REFORM TRADE REFORMS TRADE RELATIONS TRADE STRATEGY TRADE STRUCTURE TRANSPORT COSTS TRENDS UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED LABOR VALUATION VALUE VALUE ADDED WAGES WELFARE WELFARE GAINS WORLD TRADE WORLD TRADE ORGANIZATION WTO
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20090731002717 http://hdl.handle.net/10986/2652

Description
Summary:	This volume builds on the foundation laid by the 2005 report by focusing on the factors affecting the region's competitiveness and the critical role that the Caribbean Single Market and Economy (CSME) has to play as a driver of integration and economic development. In addition it highlights the potential of the Economic Partnership Agreement (EPA), if properly implemented, to significantly increase the region's competitiveness and to help it attain long-term sustained development. This potential, however, will only be realized if precise trade and competitiveness strategies are crafted to focus primarily on removing the constraints to competitiveness endemic in the region. In addition, and this is a critical element of any newly-devised strategy, is the necessity to revise regional institutional mechanisms and mandates to promote implementation and to take advantage of the market access opportunities presented by successive trade agreements such as the EPA. This report, while highlighting the need for immediate and concrete actions on the part of the Caribbean Community (CARICOM) member states, also recognizes the responsibility of the donor community in helping to play a catalytic role in supporting trade reform and macroeconomic stability. The aid for trade agenda must seek to address the weaknesses inherent in the formulation and application of international aid policies and implement new frameworks aimed at enhancing the ability of these small nation states to meet and overcome the challenges of global competitiveness.