Productive Development Policies in Trinidad and Tobago: A Critical Review
Even as Trinidad and Tobago seeks productive diversification away from the energy sector, the process underlying the countrys productive development policies (PDP) is in a state of transition from state-directed industrial policy to a newer approach with extensive private-public participation. This study explores the main characteristics of four PDPs in Trinidad and Tobago and reviews them following the related literature (e.g., Rodríguez-Clare, 2005a and 2005b, and Melo and Rodríguez-Clare, 2006). The four PDPs are: a) The process towards the Promotion of Clusters; b) the PDPs for the Tourism industry; c) the classical PDPs for Micro, Small and Medium Enterprises and; d) the Free Trade Zone as a policy designed to compensate for the failure of the State.
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| Format: | Working Papers biblioteca |
| Language: | English |
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Inter-American Development Bank
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| Subjects: | Industrial Policy, Public Utility, L52 - Industrial Policy • Sectoral Planning Methods, O25 - Industrial Policy, O54 - Latin America • Caribbean, IDB-WP-115, |
| Online Access: | http://dx.doi.org/10.18235/0010822 https://publications.iadb.org/en/productive-development-policies-trinidad-and-tobago-critical-review |
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