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Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration

Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration PDF Author: Abdullah Al-Hassan
Publisher: International Monetary Fund
ISBN: 1513525867
Category : Business & Economics
Languages : en
Pages : 79

Book Description
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.

Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration

Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration PDF Author: Abdullah Al-Hassan
Publisher: International Monetary Fund
ISBN: 1513525867
Category : Business & Economics
Languages : en
Pages : 79

Book Description
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.

Regional Integration

Regional Integration PDF Author: Kenneth Hall
Publisher: Trafford Publishing
ISBN: 1466910771
Category : Political Science
Languages : en
Pages : 649

Book Description
This publication contains a number of papers on issues which are key to Caribbean survival and prosperity. They critically review the challenges facing Member States of CARICOM. Written by a number of outstanding authors of recognized academic pedigree, these analyses look at the Region across a spectrum of issues: political, economic, social and environmental, among others. Attention is focused on efforts at regional integration as well as on the options to be pursued be CARICOM if it is to survive in the new political, economic and social dispensation. The book is replete with insightful; presentations on the evolution of the Community at this point in its history.

The Caribbean

The Caribbean PDF Author: Mr.Sanjaya P Panth
Publisher: International Monetary Fund
ISBN: 1589067932
Category : Business & Economics
Languages : en
Pages : 143

Book Description
The Caribbean has made substantial progress in recent years in implementing economic reforms, both at the national and regional level. The Caribbean: Enhancing Economic Integration examines the product of the efforts made by Caribbean policymakers to strengthen regional cooperation and integration, which has yielded economic transformation and tighter integration with the global economy. This volume discusses regional financial integration as a means of deepening financial systems and raising regional growth; the relationship between tax incentives and investment, where harmonized regional action is important in seeking to overcome collective actions problems; and the consequences for the Caribbean of the erosion of trade preferences in key export markets. The book is based on empirical research carried out as part of the IMF's regional surveillance work in the Caribbean.

Legal Problems of Caribbean Integration

Legal Problems of Caribbean Integration PDF Author: Hans Jörg Geiser
Publisher: BRILL
ISBN: 9789028605169
Category : Law
Languages : en
Pages : 298

Book Description


Pan-Caribbean Integration

Pan-Caribbean Integration PDF Author: Patsy Lewis
Publisher: Routledge
ISBN: 1351676253
Category : Political Science
Languages : en
Pages : 310

Book Description
A critical part of the history of regionalism in Latin America and the Caribbean is to be found in the widening of the economic and functional relationships among the English-speaking Caribbean to embrace other countries in the Greater Caribbean. Bringing together a range of international experts to explain the broad thrusts of CARICOM’s widening project and the opportunities and challenges it presents, the book pays particular attention to CARICOM’s relations with the French Caribbean territories. Providing a review of the pan-Caribbean landscape this volume notes the impact of these new relationships on internal CARICOM affairs; inter-regional/South-South cooperation; and political and legislative changes in European metropoles of the non-independent territories. It also contemplates recent developments in the region and globally, such as political instability in Brazil and Venezuela, Britain’s decision to leave the European Union and the policies of the Donald Trump administration. This edited collection will be an important resource for students and researchers in Latin American and Caribbean politics, economics, development, history and heritage.

Breaking from Isolation

Breaking from Isolation PDF Author: Anneke Jessen
Publisher: BID-INTAL
ISBN: 9507381120
Category : Caribbean Area
Languages : en
Pages : 41

Book Description


Caribbean Integration from Crisis to Transformation and Repositioning

Caribbean Integration from Crisis to Transformation and Repositioning PDF Author: Kenneth Hall
Publisher: Trafford Publishing
ISBN: 1466944048
Category : Political Science
Languages : en
Pages : 585

Book Description
This collection entitled Caribbean Integration: From Crisis to Transformation and Repositioning, captures the thinking of and prescriptions offered by some of the best minds of the Caribbean and further afield at a Conference held at The University of the West Indies in 2011 under the theme The Caribbean and the Commonwealth: Collective Responsibility for the 21st Century. In examining the challenges faced by the Region in moving the Integration process forward, a number of papers boldly assess what needs to be done to avert the crisis which threatened the Caribbean as they advocate for a rethinking of the strategies currently employed by the Caribbean Community. This book is highly recommended to senior policy makers, serious academicians and a public deeply interested in the challenges and triumphs of the Caribbean peoples.

Caribbean Imperatives

Caribbean Imperatives PDF Author: Kenneth O. Hall
Publisher: Ian Randle Publishers
ISBN: 9766372209
Category : Caribbean Area
Languages : en
Pages : 373

Book Description
"With the launch of the CARICOM Single Market and Economy and the Caribbean Court of Justice, the Caribbean Community has taken major steps to promote closer and more intensive forms of economic cooperation among its constituent members. This effort requires the adoption of innovative approaches to regional governance and creative regional development strategies aimed at maximizing the exercise of sovereignty within the Community and also optimizing the development possibilities of the region. The 30th anniversary of the establishment of the Caribbean Community in 2003 marked an important milestone in the historical evolution of regional integration in the Caribbean. Caribbean Imperatives focuses on several important topics relevant to the future of the community by addressing issues such as the conception of the Caribbean Community; integration theory; the exercise of sovereignty; the Single Market and Economy; production integration; the external relations of the community; and the importance of multilateralism for the viability of small states in the international system. The analysis contained in the volume is extremely relevant to policy makers in the region in managing the transition to more intensive forms of regional integration aimed at improving the well-being of the people of the Caribbean. "

Ideology and Caribbean Integration

Ideology and Caribbean Integration PDF Author: Ian Boxill
Publisher: Kingston, Jamaica : Consortium Graduate School of Social Sciences, University of the West Indies, Mona Campus
ISBN: 9789764100454
Category : Business & Economics
Languages : en
Pages : 154

Book Description
Over de rol van ideologie in het Caribische regionale integratieproces.

The Politics of the Caribbean Community, 1961-79

The Politics of the Caribbean Community, 1961-79 PDF Author: Anthony Payne
Publisher:
ISBN:
Category : Caribbean Area
Languages : en
Pages : 320

Book Description