Caribbean Growth in an International Perspective PDF Download

Author: Ms.Nita Thacker
Publisher: International Monetary Fund
ISBN: 1475510896
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspective. Three findings stand out. First, the slowdown in growth is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many countries there is scope for further expansion of this sector. Third, the small size and the fact that most of these countries are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and regional integration could pay dividends in terms of higher growth in the region.

Author: José Antonio Ocampo
Publisher: Stanford University Press
ISBN: 9780804749565
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Author: José Luis Machinea
Publisher: Springer
ISBN: 0230800912
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
This book analyses the development challenge faced by Latin America at a time at which the concerns for the large inequality in the region are at a peak. This volume focuses on growth-with-equity, and is written by an outstanding group of Latin American and international researchers and policy-makers.

Author: Marion Werner
Publisher: John Wiley & Sons
ISBN: 1118941993
Category : Science
Languages : en
Pages : 242

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Book Description
Challenging the main ways we debate globalization, Global Displacements reveals how uneven geographies of capitalist development shape—and are shaped by—the aspirations and everyday struggles of people in the global South. Makes an original contribution to the study of globalization by bringing together critical development and feminist theoretical approaches Opens up new avenues for the analysis of global production as a long-term development strategy Contributes novel theoretical insights drawn from the everyday experiences of disinvestment and precarious work on people’s lives and their communities Represents the first analysis of increasing uneven development among countries in the Caribbean Calls for more rigorous studies of long accepted notions of the geographies of inequality and poverty in the global South

Author: Dennis J. Gayle
Publisher: Routledge
ISBN: 1317663136
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
The Caribbean now has one of the largest regional tourism industries in the world amongst developing countries. When originally published this volume was the first to provide a comprehensive discussion of tourism in this part of the world. It begins with an overview of the industry and then examines aspect of tourism marketing and management on a region-by-region basis, covering the Bahamas, Jamaica, Barbados, St Lucia, Trinidad and Tobago, Guyana and Cuba. Detailed analysis follows of sectors within the industry, such as heritage and health care, with central issues such as the intense competition between the cruise ship and hotel industries being highlighted. Discussion of the impact of US and EU policies on Caribbean tourism provides an important international perspective. Throughout, the focus is on the contribution of the regional tourism industry to Caribbean economic growth and development.

Author: Anthony Payne
Publisher:
ISBN:
Category : Social Science
Languages : en
Pages : 308

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Book Description
This is an overarching account of Caribbean development within the framework of increasing globalization of the world economy. It charts the shifting politics of development within the countries of the Commonwealth Caribbean during the last 40 years era of independence for most of these countries.

Author: Hyeon-Wook Kim
Publisher: Brookings Institution Press
ISBN: 0815737769
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Growth in a Time of Change: Global and Country Perspectives on a New Agenda is the first of a two-book research project that addresses new issues and challenges for economic growth arising from ongoing significant change in the world economy, focusing especially on technological transformation. The project is a collaboration between the Brookings Institution and the Korea Development Institute. Part I of the book looks at key elements of change from a global perspective. It analyzes how technological change, shifts in investment, and demographic transition are affecting potential economic growth globally and across major groups of economies. The contributors explore possible scenarios for the global economy as the digital revolution drives rapid technological change, including impacts on growth, jobs, income distribution, trade balances, and capital flows. Technology is changing the global configuration of comparative advantage and globalization increasingly has a digital dimension. The implications of these developments for the future of sectors such as manufacturing and for international trade are assessed. Part II of the book addresses new issues in the growth agenda from the perspective of an individual major economy: South Korea. The chapters in this section analyze how macroeconomic developments and technological change are influencing the behavior of households and firms in terms of their decisions to consume, save, and invest. Rising income and wealth inequalities are a major concern globally. Against this backdrop, trends in the labor income share and wage inequalities in South Korea are analyzed in terms of the role played by technology, industrial concentration, shifts in labor demand and supply, and other factors. Throughout the book, the contributors, in their analysis of both global and Korea-specific trends and prospects, place emphasis on drawing implications for policy.

Author: Paul M. Pressly
Publisher: University of Georgia Press
ISBN: 0820335673
Category : History
Languages : en
Pages : 386

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Book Description
DIVHow did colonial Georgia, an economic backwater in its early days, make its way into the burgeoning Caribbean and Atlantic economies where trade spilled over national boundaries, merchants operated in multiple markets, and the transport of enslaved Africans bound together four continents? In On the Rim of the Caribbean, Paul M. Pressly interprets Georgia's place in the Atlantic world in light of recent work in transnational and economic history. He considers how a tiny elite of newly arrived merchants, adapting to local culture but loyal to a larger vision of the British empire, led the colony into overseas trade. From this perspective, Pressly examines the ways in which Georgia came to share many of the characteristics of the sugar islands, how Savannah developed as a "Caribbean" town, the dynamics of an emerging slave market, and the role of merchant-planters as leaders in forging a highly adaptive economic culture open to innovation. The colony's rapid growth holds a larger story: how a frontier where Carolinians played so large a role earned its own distinctive character. Georgia's slowness in responding to the revolutionary movement, Pressly maintains, had a larger context. During the colonial era, the lowcountry remained oriented to the West Indies and Atlantic and failed to develop close ties to the North American mainland as had South Carolina. He suggests that the American Revolution initiated the process of bringing the lowcountry into the orbit of the mainland, a process that would extend well beyond the Revolution./div

Author: Eduardo A. Cavallo
Publisher: Inter-American Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 121

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Book Description
The 2018 Macroeconomic Report, A Mandate to Grow, revisits the growth debate that has been raging in the region for the past half century. Viewing the debate from this long-term perspective allows for a focus on the structural factors that have prevented Latin America and the Caribbean from reaching the growth potential required to keep pace with faster growing regions and to fulfill the aspirations of its population.

Author: Mr.Krishna Srinivasan
Publisher: International Monetary Fund
ISBN: 1484318919
Category : Business & Economics
Languages : en
Pages : 378

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Book Description
This book provides a diagnosis of the central economic and financial challenges facing Caribbean policymakers and offers broad policy recommendations for promoting a sustained and inclusive increase in economic well-being. The analysis highlights the need for Caribbean economies to make a concerted effort to break the feedback loops between weak macroeconomic fundamentals, notably pertaining to fiscal positions and financial sector strains, and structural impediments, such as high electricity costs, limited financial deepening, violent crime, and brain drain, which have depressed private investment and growth. A recurring theme in the book is the need for greater regional coordination in finding solutions to address the Caribbean’s shared and intertwined macroeconomic and structural challenges. The analysis suggests that strengthening regional and global market integration of Caribbean economies would provide an impetus to sustained growth in incomes and jobs. Greater regional and global economic integration would also facilitate structural transformation and a shift toward new economic activities, resulting in more diversified and less vulnerable economies. A central challenge for the Caribbean is thus to come together as a region, overcome the limitations posed by size, and garner the benefits of globalization. Efforts should build on existing regional arrangements; accelerating progress in implementing these agreements would stimulate trade. Policymakers could also promote deeper integration with Latin America and the rest of the world by pursuing new trade agreements, leveraging current agreements more effectively, or deepening them to include areas beyond traditional trade issues, and developing port and transport infrastructure.