GLOBAL DEVELOPMENT STUDIES
Copyright © 2000 International Development Options
All Rights Reserved
Volume Two Winter 1999-Spring 2000 Numbers 1-2.
THEME: CARIBBEAN DEVELOPMENT STRATEGIES: ISSUES AND OPTIONS
LIBERALIZATION OF TRADE IN SERVICES AND DIVERSIFICATION OF CARICOM EXPORTS
Department of Economics
University of the West Indies
Mona, Kingston 7
Jamaica, The West Indies
Published Online: December 15, 2016
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.