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...

Full description

Bibliographic Details
Main Author: World Bank
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
OIL
CD
GDP
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
id okr-10986-22091
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
spellingShingle 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