Globalization of financial markets: implications for the Caribbean

Introduction Globalization can be defined in terms of the internationalization of production [Goode, 1998, p.125], or in terms of the internationalization of markets [Lloyd, 1998, p. 163]. The former recognizes the fact that even relatively minor products are frequently found to be made with components from several countries. The latter, on the other hand, recognizes that the cross border flows of the products themselves have increased tremendously over the last two decades. This is particularly true in the case of international financial services. This report examines the globalizati…

National accounts of Caribbean countries: methodologies, sources and quality, and a comparative Caribbean study

Summary Reviews the methodologies used to derive production accounts. Looks at the non-financial corporate sector, the financial corporate sector, the government sector, the houshold sector and the external sector. Approaches to examining GDP are examined. Agriculture, mining and quarrying, manufacturing, electricity gas and water, construction, distributive trades, transport storage and communication and finance and real estate are assessed in detail. Includes sugestions for an improvement in the methodologies.…

Intra-CDCC trade in the 1990s

Summary Growth in world trade has consistently outstripped growth in world output in recent years. This paper analyses the evolution of trade flows among member countries of the Caribbean Development and Co-operation Committee (CDCC); and highlights recent developments in the individual trade policies of the countries. Analyses are conducted at the level of OECS, CARICOM, and non-CARICOM CDCC countries. The paper concludes that intra-CDCC trade remained limited compared to CDCC member countries trade with the rest of the world.…

Summary of Caribbean economic performance, 1997

Summary In general economic expansion in the Caribbean countries was slightly more robust in 1997 than in the preceding year. However, the rate of growth experienced by the countries surveyed was more uneven than in 1996. The sectors recording strongest performance were tourism, construction and the distributive trades. Agriculture turned in a mixed performance with declining output in Barbados, Jamaica and the Organization of Eastern Caribbean States (OECS);. The traditional agricultural exports suffered from deteriorating terms of trade while output in the sector as a whole was adversely…

Directions for the reform process in the Caribbean

Summary This document outlines the recent economic performance of the Caribbean countries and some of the salient issues and problems confronting policy making at this time. A discussion on trading relationships and the prospects facing the Caribbean in the changing regional and world environment follows. The Lome Convention, bananas, the Sugar protocol, the state of the Caribbean Community, CARIBCAN and the CBI are examined in this section. Challenges facing state reform, such as poverty, social services and the financial system are highlighted.…

Report of the technical meeting of information coordinators and database managers

Trade and the environment in the context of the World Trade Organization

Summary The Uruguay Round of trade talks sought to bring agriculture and textiles progressively under the ambit of international trade rules and regulations. It also sought to extend the coverage of international trade rules to trade in services, intellectual property rights and trade-related investment measures. The implementation of trade liberalization programmes around the world has resulted in increased competition and the consequent exposure of many previously protected domestic industries to foreign competition. The decrease in the use of the usual barriers to trade and investment, i…

Evolution of fiscal policy in the Caribbean: based on data for the period 1987-1996

Summary Fiscal performance showed modest improvement during the period under review. Deficits contracted and so did national debts. This was possible however only because of reduced spending since revenues - capital, recurrent, and grants in aid - fell. Governments found it easier to reduce spending on the purchase of goods and services and on gross investment rather than on wages and salaries or on transfers. In the countries which had experienced severe disequilibrium in the past and therefore had accumulated a large debt, the legacy of interest payments and amortization charges remained…

Review of Caribbean economic performance, 1997: based on data for the period January to June 1997

Summary An examination of first semester performance provided scant hope for a prosperous 1997. Preliminary indications suggested that output did not increase as quickly across the Caribbean as it did in the first semester of 1996. Fiscal deficits increased in most countries, mainly because of buoyant public spending.…

Interim report on administrative support arrangements for the Caribbean Council for Science and Technology

Summary Reviews the current arrangements between the Caribbean Council for Science and Technology (CCST); and ECLAC and examines possibillities for future arrangements, involving varying degrees of administrative independence. The paper includes a history of CCST and a description of the Council's activities.…

Caribbean social structures and the changing world of men

Summary The decreasing performance of boys, the questioning of the roles of females, men's isolation, and a crisis of mascullinity are the subject of this paper. In this series of papers, the issue of male marginalization is examined. First, it is placed in historical perspective. Then individual findings are presented for Dominica, Jamaica, Trinidad and Tobago and Puerto Rico. Male and female staff and students at the Faculty of Engineering at the University of the West Indies are also studied.…

Report of the seminar on integrated water resource management: institutional and policy reform

Summary of Caribbean economic performance, 1996

Summary Notes that the policy objectives facing Caribbean countries in 1996 were remarkably similar across the broad spectrum of countries surveyed. Examines the performance of the economies of Guyana, Jamaica, Suriname, Trinidad and Tobago, Dominican Republic, Haiti, Puerto Rico, and the Netherlands Antilles. Analyzes the sectoral performances of agriculture, minerals, manufacturing and tourism sectors. Examines the fiscal performance of the region under the headings of trade and payments, public finance, external debt, prices and unemployment.…

Report of the workshop on alternative uses of banana and banana products

Proposals for the liberalization of trade and investment in the Association of Caribbean States (ACS)

Summary Presents an overview of the status of trade liberalization in the countries of the ACS and concludes that most countries have implemented substantial trade and investment reforms which have resulted in more liberalized trading regimes and a more welcoming environment for foreign investment. Obstacles to trade and investment are examined and recommendations made in respect of the ACS Secretariat. , 19970324 , Len Ishmael , Publications 1997 Port of Spain …

Financial liberalisation: its relevance and experiences in the Caribbean

Implementation of the ECLAC/CDCC Work Programme

Selected statistical indicators of Caribbean countries: vols. VIII and IX

Disaster assessment in the subregion: ECLAC's methodology

Summary of Caribbean economic performance, 1995