Trade Matters : New Opportunities for the Caribbean
Trade is essential for Caribbean countries development and poverty reduction. Given their small market size, they are dependent on exports to produce manufactured products at efficient scale. And given their natural amenities, they rely on tourism...
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Format: | Report |
Language: | English en_US |
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Washington, DC
2015
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Online Access: | http://documents.worldbank.org/curated/en/2015/06/24654725/caribbean-trade-report-new-trade-environment-opportunities-poor-caribbean-vol-2-trade-matters-new-opportunities-caribbean http://hdl.handle.net/10986/22091 |
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okr-10986-22091 |
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recordtype |
oai_dc |
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 |
TARIFFS UNEMPLOYMENT RATES ECONOMIC GROWTH TARIFF RATES PRODUCTION EXPORT SECTORS REGIONAL TRADE AGREEMENTS GLOBAL COMPETITIVENESS TRADE BARRIERS EXPORT PERFORMANCE PRODUCERS BALANCE OF PAYMENTS GDP PER CAPITA EXPORTS DEVELOPING COUNTRIES DOMESTIC MARKET EXPORTERS REVENUES WELFARE EQUILIBRIUM GRAVITY MODEL WORLD MARKETS COMPETITIVE POSITION TRADE OPENNESS BENCHMARKS HIGH TARIFFS TRADE PERFORMANCE PAYMENTS MARKET ACCESS DOMESTIC PRODUCTS TRENDS PREFERENTIAL ACCESS TRADE AGREEMENTS ECONOMIC ACTIVITY DEVELOPMENT PREFERENTIAL TRADE AGREEMENTS TRADE IN GOODS INFLUENCE TRADE BALANCE TECHNICAL ASSISTANCE PER CAPITA INCOME OIL EXPORT GROWTH TELECOMMUNICATIONS TRADE INTEGRATION EXPORT EARNINGS TRADE BLOCS DOMESTIC PRODUCERS REGIONAL TRADE DEEPER TRADE INTEGRATION SPECIALIZATION LABOR PRODUCTIVITY PRODUCTIVITY TRADE LOGISTICS CRITERIA ACCESS ECONOMIC SIZE PREFERENTIAL AGREEMENTS TRADE POLICY TRADE AGREEMENT NATURAL RESOURCES AVERAGING AVERAGE TRADE METALS GLOBAL MARKETPLACE EXPORT VALUE COMMON MARKET TRADE MORE PATTERN OF TRADE RESOURCES UNEMPLOYMENT GENERAL EQUILIBRIUM HUMAN CAPITAL VALUE ADDED WAGES INTERNATIONAL TRADE ECONOMETRIC ANALYSIS VALUES FINANCIAL CRISIS VALUE COMPETITIVENESS CREDIT ECONOMIC SECTORS COMPARATIVE ADVANTAGES PATENTS EXPECTED VALUE EXTERNAL TARIFF TRADE RELATIONSHIPS AGRICULTURE CONSUMERS TRANSFER TECHNOLOGY TOURISM PROPERTY TRADE FACILITATION OPENNESS RATE OF INNOVATION ENVIRONMENT BENCHMARK ECONOMIC COMPETITIVENESS TRADE LIBERALIZATION TARIFF LEVELS TERMS OF TRADE REGRESSION ANALYSIS CD AVERAGE TARIFF ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE PARTNERSHIP TRADE ECONOMIC INTEGRATION GDP GOODS GLOBAL TRADE MARKET SHARE ECONOMIES OF SCALE GROWTH RATE INTERNATIONAL MARKET DOMESTIC COMPETITION COMPARATIVE ADVANTAGE PREFERENTIAL TRADE TARIFF BUSINESS ENVIRONMENT EXTERNAL SHOCKS SCIENTIFIC RESEARCH RISK MANAGEMENT COMPETITIVENESS INDEX TARIFF RATE TRANSPORT COSTS FINANCIAL SECTOR OPEN ECONOMIES EXPORT SHARE INTERNATIONAL MARKETS PRICES PRODUCTION COSTS |
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TARIFFS UNEMPLOYMENT RATES ECONOMIC GROWTH TARIFF RATES PRODUCTION EXPORT SECTORS REGIONAL TRADE AGREEMENTS GLOBAL COMPETITIVENESS TRADE BARRIERS EXPORT PERFORMANCE PRODUCERS BALANCE OF PAYMENTS GDP PER CAPITA EXPORTS DEVELOPING COUNTRIES DOMESTIC MARKET EXPORTERS REVENUES WELFARE EQUILIBRIUM GRAVITY MODEL WORLD MARKETS COMPETITIVE POSITION TRADE OPENNESS BENCHMARKS HIGH TARIFFS TRADE PERFORMANCE PAYMENTS MARKET ACCESS DOMESTIC PRODUCTS TRENDS PREFERENTIAL ACCESS TRADE AGREEMENTS ECONOMIC ACTIVITY DEVELOPMENT PREFERENTIAL TRADE AGREEMENTS TRADE IN GOODS INFLUENCE TRADE BALANCE TECHNICAL ASSISTANCE PER CAPITA INCOME OIL EXPORT GROWTH TELECOMMUNICATIONS TRADE INTEGRATION EXPORT EARNINGS TRADE BLOCS DOMESTIC PRODUCERS REGIONAL TRADE DEEPER TRADE INTEGRATION SPECIALIZATION LABOR PRODUCTIVITY PRODUCTIVITY TRADE LOGISTICS CRITERIA ACCESS ECONOMIC SIZE PREFERENTIAL AGREEMENTS TRADE POLICY TRADE AGREEMENT NATURAL RESOURCES AVERAGING AVERAGE TRADE METALS GLOBAL MARKETPLACE EXPORT VALUE COMMON MARKET TRADE MORE PATTERN OF TRADE RESOURCES UNEMPLOYMENT GENERAL EQUILIBRIUM HUMAN CAPITAL VALUE ADDED WAGES INTERNATIONAL TRADE ECONOMETRIC ANALYSIS VALUES FINANCIAL CRISIS VALUE COMPETITIVENESS CREDIT ECONOMIC SECTORS COMPARATIVE ADVANTAGES PATENTS EXPECTED VALUE EXTERNAL TARIFF TRADE RELATIONSHIPS AGRICULTURE CONSUMERS TRANSFER TECHNOLOGY TOURISM PROPERTY TRADE FACILITATION OPENNESS RATE OF INNOVATION ENVIRONMENT BENCHMARK ECONOMIC COMPETITIVENESS TRADE LIBERALIZATION TARIFF LEVELS TERMS OF TRADE REGRESSION ANALYSIS CD AVERAGE TARIFF ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE PARTNERSHIP TRADE ECONOMIC INTEGRATION GDP GOODS GLOBAL TRADE MARKET SHARE ECONOMIES OF SCALE GROWTH RATE INTERNATIONAL MARKET DOMESTIC COMPETITION COMPARATIVE ADVANTAGE PREFERENTIAL TRADE TARIFF BUSINESS ENVIRONMENT EXTERNAL SHOCKS SCIENTIFIC RESEARCH RISK MANAGEMENT COMPETITIVENESS INDEX TARIFF RATE TRANSPORT COSTS FINANCIAL SECTOR OPEN ECONOMIES EXPORT SHARE INTERNATIONAL MARKETS PRICES PRODUCTION COSTS World Bank Trade Matters : New Opportunities for the Caribbean |
geographic_facet |
Latin America & Caribbean Caribbean |
description |
Trade is essential for Caribbean
countries development and poverty reduction. Given their
small market size, they are dependent on exports to produce
manufactured products at efficient scale. And given their
natural amenities, they rely on tourism as a major spur to
economic activity. Trade in the Caribbean thus makes an
essential contribution to increasing employment and reducing
poverty by supporting growth. At the same time, the high
dependence on trade also makes Caribbean economies
vulnerable to external shocks. For example, the global
financial crisis imposed substantial job losses in sectors
such as tourism that the poor rely on for employment. This
report employs several different, but complementary,
empirical approaches to analyzing the impact of this
emerging new trade environment on shared prosperity in the
Caribbean. These include the following six topics, with each
corresponding to an individual chapter: (i) assessment of
the Caribbean s performance in reaping the opportunities
offered by the new trade environment; (ii) identification of
the main determinants of Caribbean countries trade
performance; (iii) discussion of the role of innovation and
access to keys services in improving the productivity of
exporting firms; (iv) exploration of how regional
integration and other trade agreements could boost Caribbean
trade performance; (v) firm-level examination of the
implications of trade for employment; and (vi)
identification of which households are involved in
international trade and the implications of trade for their
socio-economic status. |
format |
Report |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Trade Matters : New Opportunities for the Caribbean |
title_short |
Trade Matters : New Opportunities for the Caribbean |
title_full |
Trade Matters : New Opportunities for the Caribbean |
title_fullStr |
Trade Matters : New Opportunities for the Caribbean |
title_full_unstemmed |
Trade Matters : New Opportunities for the Caribbean |
title_sort |
trade matters : new opportunities for the caribbean |
publisher |
Washington, DC |
publishDate |
2015 |
url |
http://documents.worldbank.org/curated/en/2015/06/24654725/caribbean-trade-report-new-trade-environment-opportunities-poor-caribbean-vol-2-trade-matters-new-opportunities-caribbean http://hdl.handle.net/10986/22091 |
_version_ |
1764450117840011264 |
spelling |
okr-10986-220912021-04-23T14:04:06Z Trade Matters : New Opportunities for the Caribbean World Bank TARIFFS UNEMPLOYMENT RATES ECONOMIC GROWTH TARIFF RATES PRODUCTION EXPORT SECTORS REGIONAL TRADE AGREEMENTS GLOBAL COMPETITIVENESS TRADE BARRIERS EXPORT PERFORMANCE PRODUCERS BALANCE OF PAYMENTS GDP PER CAPITA EXPORTS DEVELOPING COUNTRIES DOMESTIC MARKET EXPORTERS REVENUES WELFARE EQUILIBRIUM GRAVITY MODEL WORLD MARKETS COMPETITIVE POSITION TRADE OPENNESS BENCHMARKS HIGH TARIFFS TRADE PERFORMANCE PAYMENTS MARKET ACCESS DOMESTIC PRODUCTS TRENDS PREFERENTIAL ACCESS TRADE AGREEMENTS ECONOMIC ACTIVITY DEVELOPMENT PREFERENTIAL TRADE AGREEMENTS TRADE IN GOODS INFLUENCE TRADE BALANCE TECHNICAL ASSISTANCE PER CAPITA INCOME OIL EXPORT GROWTH TELECOMMUNICATIONS TRADE INTEGRATION EXPORT EARNINGS TRADE BLOCS DOMESTIC PRODUCERS REGIONAL TRADE DEEPER TRADE INTEGRATION SPECIALIZATION LABOR PRODUCTIVITY PRODUCTIVITY TRADE LOGISTICS CRITERIA ACCESS ECONOMIC SIZE PREFERENTIAL AGREEMENTS TRADE POLICY TRADE AGREEMENT NATURAL RESOURCES AVERAGING AVERAGE TRADE METALS GLOBAL MARKETPLACE EXPORT VALUE COMMON MARKET TRADE MORE PATTERN OF TRADE RESOURCES UNEMPLOYMENT GENERAL EQUILIBRIUM HUMAN CAPITAL VALUE ADDED WAGES INTERNATIONAL TRADE ECONOMETRIC ANALYSIS VALUES FINANCIAL CRISIS VALUE COMPETITIVENESS CREDIT ECONOMIC SECTORS COMPARATIVE ADVANTAGES PATENTS EXPECTED VALUE EXTERNAL TARIFF TRADE RELATIONSHIPS AGRICULTURE CONSUMERS TRANSFER TECHNOLOGY TOURISM PROPERTY TRADE FACILITATION OPENNESS RATE OF INNOVATION ENVIRONMENT BENCHMARK ECONOMIC COMPETITIVENESS TRADE LIBERALIZATION TARIFF LEVELS TERMS OF TRADE REGRESSION ANALYSIS CD AVERAGE TARIFF ECONOMIC DEVELOPMENT REGIONAL INTEGRATION TRADE PARTNERSHIP TRADE ECONOMIC INTEGRATION GDP GOODS GLOBAL TRADE MARKET SHARE ECONOMIES OF SCALE GROWTH RATE INTERNATIONAL MARKET DOMESTIC COMPETITION COMPARATIVE ADVANTAGE PREFERENTIAL TRADE TARIFF BUSINESS ENVIRONMENT EXTERNAL SHOCKS SCIENTIFIC RESEARCH RISK MANAGEMENT COMPETITIVENESS INDEX TARIFF RATE TRANSPORT COSTS FINANCIAL SECTOR OPEN ECONOMIES EXPORT SHARE INTERNATIONAL MARKETS PRICES PRODUCTION COSTS Trade is essential for Caribbean countries development and poverty reduction. Given their small market size, they are dependent on exports to produce manufactured products at efficient scale. And given their natural amenities, they rely on tourism as a major spur to economic activity. Trade in the Caribbean thus makes an essential contribution to increasing employment and reducing poverty by supporting growth. At the same time, the high dependence on trade also makes Caribbean economies vulnerable to external shocks. For example, the global financial crisis imposed substantial job losses in sectors such as tourism that the poor rely on for employment. This report employs several different, but complementary, empirical approaches to analyzing the impact of this emerging new trade environment on shared prosperity in the Caribbean. These include the following six topics, with each corresponding to an individual chapter: (i) assessment of the Caribbean s performance in reaping the opportunities offered by the new trade environment; (ii) identification of the main determinants of Caribbean countries trade performance; (iii) discussion of the role of innovation and access to keys services in improving the productivity of exporting firms; (iv) exploration of how regional integration and other trade agreements could boost Caribbean trade performance; (v) firm-level examination of the implications of trade for employment; and (vi) identification of which households are involved in international trade and the implications of trade for their socio-economic status. 2015-06-30T20:06:42Z 2015-06-30T20:06:42Z 2015-01 Report http://documents.worldbank.org/curated/en/2015/06/24654725/caribbean-trade-report-new-trade-environment-opportunities-poor-caribbean-vol-2-trade-matters-new-opportunities-caribbean http://hdl.handle.net/10986/22091 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work Economic & Sector Work :: Foreign Trade, FDI, and Capital Flows Study Latin America & Caribbean Caribbean |