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                                                                                                                                                                                                                                             DEVELOPMENT STUDIES

                                                                            Copyright © 2010 International Development Options

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Volume Six                                                                             Winter-Spring 2010                                                                   Numbers 1-2.

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 THEME: THE GLOBAL FINANCIAL AND ECONOMIC CRISIS: IMPLICATIONS FOR THE CARIBBEAN REGION

 

    

       EXPORT DEVELOPMENT POLICIES IN CARICOM: AN ASSESSMENT

 

       Marie Freckleton

      Department of Economics

      University of the West Indies

      Mona, Kingston 7, Jamaica

      Published Online: March 15, 2017

 

      ABSTRACT

 

Since the mid-1980s, the member countries of the Caribbean Community (CARICOM) have intensified their efforts to develop exports. Export orientation is viewed as necessary to accelerate economic growth as well as to facilitate integration into the increasingly competitive global economy. This article assesses the export development policies that have been implemented within the CARICOM over the last two decades. Analysis of the region’s export performance suggests that export development policies have achieved limited success. The article concludes that the policy measures used to promote export development within CARICOM yielded sub-optimal results because they did not adequately address the structural and institutional constraints that restrict expansion of export supply and undermine export competitiveness.

 

 

IDO        ISSN: 1093-8281                 Copyright © 2017 International Development Options

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