GLOBAL

                                                                                                                                                                                                                                             DEVELOPMENT STUDIES

                                                                            Copyright © 2000 International Development Options

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Volume Two                                                                      Winter 1999-Spring 2000                                                           Numbers 1-2.

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                                      THEME: CARIBBEAN DEVELOPMENT STRATEGIES: ISSUES AND OPTIONS

      LIBERALIZATION OF TRADE IN SERVICES AND DIVERSIFICATION OF CARICOM EXPORTS

 

      Marie Freckleton

     Department of Economics

     University of the West Indies

     Mona, Kingston 7

     Jamaica, The West Indies

     Published Online: December 15, 2016

 

 

     ABSTRACT

 

The stagnation of traditional merchandise exports and the erosion of preferential arrangements make it imperative for CARICOM countries to diversify their exports.  This article examines the prospects for expansion and diversification of CARICOM's exports in the context of global liberal­ization of trade in services.  It argues that significant policy changes must be implemented to position CARICOM countries to exploit the emerging trade opportunities in services.

 

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