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U.S. Trade Policy And The Caribbean: From Trade Preferences To Free Trade Agreements

For over 40 years, the United States has relied on unilateral trade preferences to promote exportled development in poor countries.
Congressionally authorized trade preferences give market access to selected developing country goods, duty free or at tariffs below normal rates, without...

Publication Date: 
Thursday, January 6, 2011
Repositioning The Caribbean Within Globalisation

In the last twenty years, the Commonwealth Caribbean has moved toward a new technocratic model of development which has sought to reposition the region within the global economy.
This paper examines three key policy agendas that have emerged to drive, guide and inform this process:...

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Publication Date: 
Tuesday, June 19, 2007
21st Report Caribbean Basin Economic Recovery Act 2011-12

The overall effect of the Caribbean Basin Economic Recovery Act (CBERA) on the U.S. economy continues to be negligible, while the effect on U.S. consumers and beneficiary countries is small but positive, reports the U.S. International Trade Commission (USITC) in its most recent report monitoring...

Publication Date: 
Monday, September 30, 2013
Travel & Tourism As A Driver Of Economic Development In Jamaica

Tourism has increasingly become the primary supplier of foreign exchange to the Jamaican economy as remittance inflows and bauxite earnings experienced a major set back as a result of the global economic crisis.
Tourism is widely considered to be a key driver of the Jamaican economy. The...

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Publication Date: 
Tuesday, March 20, 2012
Small Island Tourism Competitiveness: Expanding Your Destination's Slice Of Paradise

In conclusion, the main argument of our lecture is that national wealth is not created by factor endowments, but is created by a destination's choices.
The lecture consists of two sections. The first section discusses the theoretical underpinnings of the competitiveness theory as it...

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Publication Date: 
Tuesday, January 12, 2010
Update On The Jamaican Economy

Although economic growth returned in 2011, a lack of public investment coupled with pro-cyclical macroeconomic policies implemented under the IMF agreement constrained growth.
This paper looks at Jamaica’s stalled agreement with the International Monetary Fund (IMF), its economic...

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Publication Date: 
Monday, May 7, 2012
Barbados Long-Term Rating Lowered To 'BB-' From 'BB+'; Outlook Negative

On Nov. 20, 2013, Standard & Poor's Ratings Services lowered its long-term rating on Barbados to 'BB-' from 'BB+' and affirmed the short-term rating at 'B'. The rating outlook is negative.
The downgrade reflects the mounting external pressures associated with a persistent current...

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Publication Date: 
Wednesday, November 20, 2013
Bermuda Long-Term Sovereign Rating Lowered To 'AA-' On Revised Rating Methodology; Outlook Stable

Our "very strong" political and economic profile appraisal rests on our view of Bermuda's effective and predictable policymaking and its stable political institutions.
On Dec. 29, 2011, Standard & Poor's Ratings Services lowered its local and foreign currency long-term sovereign credit...

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Publication Date: 
Thursday, December 29, 2011
Puerto Rico Broadband Strategic Plan

Broadband is the great infrastructure challenge of our time, and ensuring universal access, adoption, and utilization is essential to maintain a vibrant and competitive economy and society.
In today’s global economy, broadband, or high-speed Internet, is an essential infrastructure asset...

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Publication Date: 
Tuesday, May 15, 2012
 Les Zones Economiques Intégrées En Haïti

Le climat d'investissement en Haïti a besoin d'une réforme urgente.
Comme souligné dans le Rapport sur le marché et la demande, il y a un fort intérêt des investisseurs en Haïti, qui pourrait créer plus de 380.000 emplois d'ici à 2030 ; toutefois, nombreuses contraintes empêchent la...

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Publication Date: 
Tuesday, December 6, 2011

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