A Time to Choose : Caribbean Development in the 21st Century
The Caribbean region is at a development crossroads and its member nations must take significant and concrete steps to improve productivity and competitiveness and face up to global competition if they are to accelerate or even maintain past growth, says a new World Bank report1. By taking such steps, they will reposition themselves strategically as an emerging trading bloc for goods and services; without such action, they risk growing economic marginalization and erosion of many of the social gains of the last three decades.
Summary: | The Caribbean region is at a development
crossroads and its member nations must take significant and
concrete steps to improve productivity and competitiveness
and face up to global competition if they are to accelerate
or even maintain past growth, says a new World Bank report1.
By taking such steps, they will reposition themselves
strategically as an emerging trading bloc for goods and
services; without such action, they risk growing economic
marginalization and erosion of many of the social gains of
the last three decades. |
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