Is The Whole Greater Than The Sum Of Its Parts Strengthening Caribbean Regional Integration

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Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration

Author : Abdullah Al-Hassan,Mary E. Burfisher,Mr.Julian T Chow,Ding Ding,Fabio Di Vittorio,Dmitriy Kovtun,Arnold McIntyre,Ms.Inci Ötker,Marika Santoro,Lulu Shui,Karim Youssef
Publisher : International Monetary Fund
Page : 79 pages
File Size : 55,9 Mb
Release : 2020-01-17
Category : Business & Economics
ISBN : 9781513525860

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Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration by Abdullah Al-Hassan,Mary E. Burfisher,Mr.Julian T Chow,Ding Ding,Fabio Di Vittorio,Dmitriy Kovtun,Arnold McIntyre,Ms.Inci Ötker,Marika Santoro,Lulu Shui,Karim Youssef Pdf

Deeper economic integration within the Caribbean has been a regional policy priority since the establishment of the Caribbean Community (CARICOM) and the decision to create the Caribbean Single Market and Economy (CSME). Implementation of integration initiatives has, however, been slow, despite the stated commitment of political leaders. The “implementation deficit” has led to skepticism about completing the CSME and controversy regarding its benefits. This paper analyzes how Caribbean integration has evolved, discusses the obstacles to progress, and explores the potential benefits from greater integration. It argues that further economic integration through liberalization of trade and labor mobility can generate significant macroeconomic benefits, but slow progress in completing the institutional arrangements has hindered implementation of the essential components of the CSME and progress in economic integration. Advancing institutional integration through harmonization and rationalization of key institutions and processes can reduce the fixed costs of institutions, providing the needed scale and boost to regional integration. Greater cooperation in several functional policy areas where the region is facing common challenges can also provide low-hanging fruit, creating momentum toward full integration as the Community continues to address the obstacles to full economic integration.

OECD Development Pathways Development Strategy Assessment of the Eastern Caribbean

Author : OECD
Publisher : OECD Publishing
Page : 161 pages
File Size : 40,7 Mb
Release : 2022-10-07
Category : Electronic
ISBN : 9789264684744

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OECD Development Pathways Development Strategy Assessment of the Eastern Caribbean by OECD Pdf

Eastern Caribbean countries enjoy rich natural endowments and have achieved significant economic development. Throughout the last decades, they have also been confronted with a number of rising economic, social and environmental challenges.

Handbook of Regional Cooperation and Integration

Author : Philippe De Lombaerde
Publisher : Edward Elgar Publishing
Page : 531 pages
File Size : 40,5 Mb
Release : 2024-02-12
Category : Political Science
ISBN : 9781800373747

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Handbook of Regional Cooperation and Integration by Philippe De Lombaerde Pdf

This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This timely Handbook offers a detailed cross-policy assessment on the need, locale and impact of regional cooperation and integration, addressing how the principles of regional integration have affected multi-level governance and subsequent public policy. Individual chapters provide explanations of what regional cooperation means in a specific policy area, identify relevant theories, and present empirical evidence to support the arguments outlined.

Diversification perspectives of Guyana’s agrifood sector

Author : weber, r., bubbico, a., morales opazo, c.
Publisher : Food & Agriculture Org.
Page : 24 pages
File Size : 47,7 Mb
Release : 2022-08-05
Category : Political Science
ISBN : 9789251367261

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Diversification perspectives of Guyana’s agrifood sector by weber, r., bubbico, a., morales opazo, c. Pdf

Guyana’s agrifood systems are facing an increasing level of risk: rising sea-levels are eroding its coastal area, where much of the agricultural activity is located; recent off-shore oil discoveries threaten to crowd-out non-oil sectors; and a dependency on a limited number of agricultural export commodities exposes the agricultural sector to price and market volatility. The diversification of agricultural production and exports has the potential to generate growth and increase the resilience of the agricultural sector. This study identifies Guyana’s diversification potential using comparative-advantage and export-sophistication metrics, which are combined for a proximity analysis based on Guyana’s production space. The objective is to identify a set of commodities with high export potential, which is in relative proximity to the current agrifood export basket. We find oil seeds, bovine meat, sunflower seed oil, fish flours (for animal feed), palm oil, fowl, cocoa beans, cocoa paste and sunflower seeds to be commodities with high export potential. These commodities share characteristics with the current agrifood export basket. This implies that expanding the exports of these goods will not be costly and is likely to promote economic development, agricultural sector growth and reduce risks associated with market concentration.

Is MENA a Region? The Scope for Regional Integration

Author : Mr.Stanley Fischer,Mr.Mohamed A. El-Erian
Publisher : International Monetary Fund
Page : 26 pages
File Size : 52,9 Mb
Release : 1996-04-01
Category : Business & Economics
ISBN : 9781451980363

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Is MENA a Region? The Scope for Regional Integration by Mr.Stanley Fischer,Mr.Mohamed A. El-Erian Pdf

The paper analyzes the scope and implications of greater economic integration in the Middle East and North Africa (MENA). After reviewing whether MENA satisfies the defining characteristics of a region, it documents the low level of regional economic interaction. It argues that gains from greater regional interactions will depend primarily on implementing domestic reform and external policies that, in any case, are needed for the region to benefit from the broader process of globalization of the world economy. It also discusses measures aimed directly at facilitating regional interaction.

Social and Economic Studies

Author : Anonim
Publisher : Unknown
Page : 430 pages
File Size : 48,8 Mb
Release : 1999
Category : Electronic journals
ISBN : STANFORD:36105029559965

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Social and Economic Studies by Anonim Pdf

Global Trends 2040

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 47,6 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Caribbean Highlights

Author : Anonim
Publisher : Unknown
Page : 222 pages
File Size : 44,8 Mb
Release : 1987
Category : Caribbean Area
ISBN : UTEXAS:059172132461787

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Caribbean Highlights by Anonim Pdf

Economic Integration in the Maghreb

Author : Mr.Alexei P Kireyev,Mr.Boaz Nandwa,Ms.Lorraine Ocampos,Mr.Babacar Sarr,Mr.Ramzy Al Amine,Mr.Allan G Auclair,Mr.Yufei Cai,Mr.Jean-Francois Dauphin
Publisher : International Monetary Fund
Page : 47 pages
File Size : 49,6 Mb
Release : 2019-02-13
Category : Business & Economics
ISBN : 9781484378373

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Economic Integration in the Maghreb by Mr.Alexei P Kireyev,Mr.Boaz Nandwa,Ms.Lorraine Ocampos,Mr.Babacar Sarr,Mr.Ramzy Al Amine,Mr.Allan G Auclair,Mr.Yufei Cai,Mr.Jean-Francois Dauphin Pdf

Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.

Regional Integration and Development

Author : Maurice W. Schiff,L. Alan Winters
Publisher : World Bank Publications
Page : 344 pages
File Size : 55,6 Mb
Release : 2003
Category : Business & Economics
ISBN : 0821350781

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Regional Integration and Development by Maurice W. Schiff,L. Alan Winters Pdf

This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.

Latin American Economic Outlook 2021 Working Together for a Better Recovery

Author : OECD,Economic Commission for Latin America and the Caribbean,CAF Development Bank of Latin America,European Commission
Publisher : OECD Publishing
Page : 274 pages
File Size : 45,9 Mb
Release : 2021-12-02
Category : Electronic
ISBN : 9789264682313

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Latin American Economic Outlook 2021 Working Together for a Better Recovery by OECD,Economic Commission for Latin America and the Caribbean,CAF Development Bank of Latin America,European Commission Pdf

The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy‐making process.

The East African Community

Author : Ms.Catherine McAuliffe,Ms.Sweta Chaman Saxena,Mr.Masafumi Yabara
Publisher : International Monetary Fund
Page : 55 pages
File Size : 53,6 Mb
Release : 2012-11-14
Category : Business & Economics
ISBN : 9781475586312

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The East African Community by Ms.Catherine McAuliffe,Ms.Sweta Chaman Saxena,Mr.Masafumi Yabara Pdf

The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.

Globalization, Growth, and Poverty

Author : Paul Collier,David Dollar
Publisher : World Bank Publications
Page : 200 pages
File Size : 51,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 082135048X

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Globalization, Growth, and Poverty by Paul Collier,David Dollar Pdf

Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

Regional Integration and Economic Development in South Asia

Author : Sultan Hafeez Rahman,Sridhar Khatri,Hans-Peter Brunner
Publisher : Edward Elgar Publishing
Page : 425 pages
File Size : 40,8 Mb
Release : 2012-04-01
Category : Business & Economics
ISBN : 9781781005248

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Regional Integration and Economic Development in South Asia by Sultan Hafeez Rahman,Sridhar Khatri,Hans-Peter Brunner Pdf

South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.

Globalization and Development

Author : José Antonio Ocampo,Juan Martin,United Nations. Economic Commission for Latin America and the Caribbean
Publisher : Stanford University Press
Page : 238 pages
File Size : 43,5 Mb
Release : 2003
Category : Business & Economics
ISBN : 0804749566

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Globalization and Development by José Antonio Ocampo,Juan Martin,United Nations. Economic Commission for Latin America and the Caribbean Pdf

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].