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Macroeconomic policies in the Caribbean
The concern with a gender dimension of macroeconomic policy stems from the mandate of the Beijing conference to review and implement policies aimed at achieving equitable access to economic resources. This paper examines some of the macroeconomic policies pursued in the Caribbean within the context of economic adjustment in order to understand the rationale for these polices to see whether and how gender analysis could contribute to a more equitable outcome. The aims and goals of macroeconomic policy are explained, against the background of the economic problems faced by the region since 1970.…
Recent developments in intra-CDCC trade
This document analyses trade among countries of the Caribbean Development and Cooperation Committee (CDCC);; trade among CARICOM countries; intra OECS trade and trade between the OECS as a group and the rest of CARICOM. The evolution of trade policy and its impact on countries of the CDCC is also explored. The period reviewed is the decade of the 1990s.…
Special and differential treatment in the FTAA
The need to devise an appropriate mechanism for the meaningful participation of smaller economies in the Free Trade Area of the Americas (FTAA); has been recognized since the beginning of the process of integration in the Americas and was articulated in the Plan of Action and Declaration of the Summit of the Americas, held in Miami in December 1995 (1); . Since then, the San Jose Declaration (2); reiterated the commitment of the countries of the hemisphere to ensure the full participation of the smaller economies in the FTAA and increase their level of development. The declaration states that …
Global economic developments, 1999
Executive Summary World economic growth gained momentum in 1999 increasing by 3.3 per cent, impelled by vibrant activity in the United States and Asia. The robust United States expansion continued with real Gross Domestic Product (GDP) growing by 4.2 per cent. The European Area with growth of 2.3 per cent experienced similar dynamism. In both of these economies strong GDP growth was matched by firm gains in employment. Growth was also more robust in developing countries, as a whole, but showed important disparity by region. Buoyed by competitive exchange rates and strong demand in the …
Reconceptualizing social indicators in the Caribbean: a review and discussion
This document discusses the relevance, strengths and limitations of social indicators. Difficulties encountered in the analysis of such data in the Caribbean are identified and discussed. Issues related to the availability of social data for social planning and the implementation of programmes and projects are also explored.…
The phenomenon of ageing and the situation of older persons in the Caribbean
Background In its resolution 47/5 of 16 October 1992, the General Assembly decided to observe the year 1999 as the International Year of Older Persons (1) and to take note of the conceptual framework of a programme for the preparation and observance of the International Year of Older Persons in 1999, as contained in the report of the Secretary-General (A/50/114). In resolution 50/141 entitled International Year of Older Persons: Towards a society for all ages , the General Assembly, inter alia, invited the regional commissions, within the existing mandates, to bear in mind the goa…
CDCC - Twenty-Five Years of Cooperation and Development: 1975-2000
Economic profiles of Caribbean countries
Introduction With its programme of assistance to the Caribbean, the Economic Commission for Latin America and the Caribbean (ECLAC); Subregional Headquarters for the Caribbean has prepared these economic profiles for 26 independent and non-independent countries of the Caribbean subregion. These countries are: Anguilla, Antigua and Barbuda, Aruba, the Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Jamaica, Haiti, Montserrat, Netherlands Antilles, Puerto Rico, St. Kitts and Nevis, Saint Lucia, St. Vincent and the G…
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.…