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.

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Bibliographic Details
Main Authors: Rouis, Mustapha, Kathuria, Sanjay, Corlett, Michael, Hanson, James, Oberai, Rina H., Tomlinson, Kevin, Ruppert Bulmer, Elizabeth, Blom, Andreas, Nuamah, Camille, Jha, Abhas, Brenzel, Logan
Language:English
Published: World Bank, Washington, DC 2005-06
Subjects:CAPITAL ACCUMULATION, CAPITAL MARKET, CIVIL SOCIETY, COMPETITIVENESS, COOPERATION, CUSTOMS, DEBT, DEBT CRISIS, DIVERSIFICATION, DOMESTIC ECONOMY, DOMESTIC MARKET, ECONOMIC HISTORY, EDUCATED PEOPLE, ENROLLMENT, EXTERNAL TARIFFS, FINANCIAL ASSISTANCE, FINANCIAL SUPPORT, FOREIGN DIRECT INVESTMENT, FREE TRADE, GDP, GLOBAL COMPETITION, GOVERNMENT EXPENDITURES, GROWTH PROSPECTS, HIGH TAXES, HUMAN DEVELOPMENT, IMPROVING GROWTH, INCOME DISTRIBUTION, INVESTMENT CLIMATE, INVESTMENT DECISIONS, INVESTMENT PROCEDURES, INVESTMENT PROMOTION, INVESTMENT RATES, LABOR, LABOR FORCE, LABOR MARKET, LEADERSHIP, LEARNING, LEARNING OUTCOMES, MACRO STABILITY, MACROECONOMIC ENVIRONMENT, MACROECONOMIC STABILITY, MARKET ACCESS, NATIONAL SOVEREIGNTY, OUTPUT VOLATILITY, PER CAPITA INCOMES, POLITICAL STABILITY, POVERTY REDUCTION, PRIMARY EDUCATION, PRIVATE INVESTMENT, PRIVATE SECTOR, PRIVATE SECTOR INVOLVEMENT, PRO-POOR, PRO-POOR GROWTH, PRODUCT AREAS, PRODUCTIVITY, PRODUCTIVITY GROWTH, PRODUCTIVITY INCREASES, PUBLIC EMPLOYMENT, PUBLIC INVESTMENT, PUBLIC SECTOR, REGIONAL COOPERATION, REGIONAL INSTITUTIONS, REGIONAL INTEGRATION, REGIONAL STANDARDS, SKILLED WORKERS, SUSTAINABLE GROWTH, TAKEOVER, TAX HARMONIZATION, TAX INCENTIVES, TAX SYSTEMS, TRADE DIVERSION, TRADE PREFERENCES, TRADE REGIME, TUITION, UNEMPLOYMENT, UNIVERSAL PRIMARY EDUCATION, WAGES, YOUTH,
Online Access:http://documents.worldbank.org/curated/en/2005/06/6414265/time-choose-caribbean-development-21st-century
https://hdl.handle.net/10986/10330
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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.