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Introduction With the failure of the import-substituting industrialisation policies of the post-war period, Caribbean countries shifted to an export-promotion strategy in the 1980s. Export promotion inevitably demanded a shifting of the relative price and productivity of tradable goods and se...

This document analyses exchange rate regimes in the Caribbean subregion. Caribbeanexchange rate regimes are typified into hard and soft pegs. Hard pegs refer to thosearrangements that maintain a constant value of the domestic currency in terms of thecurrency of a major trading partner. The Organi...

Puerto Rico and Caribbean Community (CARICOM); Caribbean countries share importantcommon characteristics. They are open economies and while their trade specializationpatterns are heterogenous, historical, institutional and geographical factors have shapedexport and import linkages that are closel...

This paper examines the progress in the implementation of the CSME and what this has meant for the core (trade, investment, etc.); and functional aspects (foreign policy coordination, education, health and social development, etc.,); of integration. A tentative assessment is also made of the rel...

Outlines the economic performance of Caribbean economies over the calendar year 2003. Discusses the aggregate showing and general trends of the Organisation of Eastern Caribbean States. Provides a brief overview of each member State's fiscal and monetary policies; external sector; inflation, u...

Este documento tem como objetivo descrever a evolução da indústria de fundos de investimentos, no Brasil, desde a reforma financeira de 1964-1966 até os dias de hoje, avaliar a sua eficiência microeconômica e macroeconômica e discutir as perspectivas da indústria à luz da regulamentação e da macr...

Las cuestiones institucionales ocupan un lugar creciente en el estudio de los procesos de desarrollo. En ese contexto, el presente trabajo procura indagar cómo funcionan en diversos países algunas instituciones o agencias vinculadas a aspectos clave de la competitividad. Dentro de la extensa age...

For six years, the global economy has been driven by the U.S. Federal Reserve’s policies of easy money. Liquidity has flowed from developed to developing economies, financing infrastructure and corporate investment and allowing consumers to indulge in credit-fuelled retail spending. Thus the effe...

Este libro es fruto de un prolongado y exitoso trabajo de cooperación técnica realizado entre 2004 y 2007 a través del proyecto “Fortaleciendo las capacidades para el análisis de políticas macroeconómicas en Centroamérica y República Dominicana” [Development Account 04/05 S (ROA/62)]. El proyecto...