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Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration

2020-01-17 Business & Economics
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Release : 2020-01-17
Genre : Business & Economics
Kind : eBook
Book Rating : 867/5 ( reviews)

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Book Synopsis Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration by : Abdullah Al-Hassan

Download or read book Is the Whole Greater than the Sum of its Parts? Strengthening Caribbean Regional Integration written by Abdullah Al-Hassan. This book was released on 2020-01-17. Available in PDF, EPUB and Kindle. Book excerpt: Deeper economic integration within the Caribbean has been a regional policy priority since the establishment of the Caribbean Community (CARICOM) and the decision to create the Caribbean Single Market and Economy (CSME). Implementation of integration initiatives has, however, been slow, despite the stated commitment of political leaders. The “implementation deficit” has led to skepticism about completing the CSME and controversy regarding its benefits. This paper analyzes how Caribbean integration has evolved, discusses the obstacles to progress, and explores the potential benefits from greater integration. It argues that further economic integration through liberalization of trade and labor mobility can generate significant macroeconomic benefits, but slow progress in completing the institutional arrangements has hindered implementation of the essential components of the CSME and progress in economic integration. Advancing institutional integration through harmonization and rationalization of key institutions and processes can reduce the fixed costs of institutions, providing the needed scale and boost to regional integration. Greater cooperation in several functional policy areas where the region is facing common challenges can also provide low-hanging fruit, creating momentum toward full integration as the Community continues to address the obstacles to full economic integration.

OECD Development Pathways Development Strategy Assessment of the Eastern Caribbean

2022-10-07
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Release : 2022-10-07
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Kind : eBook
Book Rating : 743/5 ( reviews)

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Book Synopsis OECD Development Pathways Development Strategy Assessment of the Eastern Caribbean by : OECD

Download or read book OECD Development Pathways Development Strategy Assessment of the Eastern Caribbean written by OECD. This book was released on 2022-10-07. Available in PDF, EPUB and Kindle. Book excerpt: Eastern Caribbean countries enjoy rich natural endowments and have achieved significant economic development. Throughout the last decades, they have also been confronted with a number of rising economic, social and environmental challenges.

Handbook of Regional Cooperation and Integration

2024-02-12 Political Science
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Release : 2024-02-12
Genre : Political Science
Kind : eBook
Book Rating : 740/5 ( reviews)

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Book Synopsis Handbook of Regional Cooperation and Integration by : Philippe De Lombaerde

Download or read book Handbook of Regional Cooperation and Integration written by Philippe De Lombaerde. This book was released on 2024-02-12. Available in PDF, EPUB and Kindle. Book excerpt: This is an open access title available under the terms of a CC BY-NC-ND 4.0 License. It is free to read, download and share on Elgaronline.com. This timely Handbook offers a detailed cross-policy assessment on the need, locale and impact of regional cooperation and integration, addressing how the principles of regional integration have affected multi-level governance and subsequent public policy. Individual chapters provide explanations of what regional cooperation means in a specific policy area, identify relevant theories, and present empirical evidence to support the arguments outlined.

Diversification perspectives of Guyana’s agrifood sector

2022-08-05 Political Science
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Release : 2022-08-05
Genre : Political Science
Kind : eBook
Book Rating : 264/5 ( reviews)

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Book Synopsis Diversification perspectives of Guyana’s agrifood sector by : weber, r., bubbico, a., morales opazo, c.

Download or read book Diversification perspectives of Guyana’s agrifood sector written by weber, r., bubbico, a., morales opazo, c.. This book was released on 2022-08-05. Available in PDF, EPUB and Kindle. Book excerpt: Guyana’s agrifood systems are facing an increasing level of risk: rising sea-levels are eroding its coastal area, where much of the agricultural activity is located; recent off-shore oil discoveries threaten to crowd-out non-oil sectors; and a dependency on a limited number of agricultural export commodities exposes the agricultural sector to price and market volatility. The diversification of agricultural production and exports has the potential to generate growth and increase the resilience of the agricultural sector. This study identifies Guyana’s diversification potential using comparative-advantage and export-sophistication metrics, which are combined for a proximity analysis based on Guyana’s production space. The objective is to identify a set of commodities with high export potential, which is in relative proximity to the current agrifood export basket. We find oil seeds, bovine meat, sunflower seed oil, fish flours (for animal feed), palm oil, fowl, cocoa beans, cocoa paste and sunflower seeds to be commodities with high export potential. These commodities share characteristics with the current agrifood export basket. This implies that expanding the exports of these goods will not be costly and is likely to promote economic development, agricultural sector growth and reduce risks associated with market concentration.

Economic Integration in the Maghreb

2019-02-13 Business & Economics
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Release : 2019-02-13
Genre : Business & Economics
Kind : eBook
Book Rating : 377/5 ( reviews)

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Book Synopsis Economic Integration in the Maghreb by : Mr.Alexei P Kireyev

Download or read book Economic Integration in the Maghreb written by Mr.Alexei P Kireyev. This book was released on 2019-02-13. Available in PDF, EPUB and Kindle. Book excerpt: Individual countries of the Maghreb have achieved substantial progress on trade, but, as a region they remain the least integrated in the world. The share of intraregional trade is less than 5 percent of their total trade, substantially lower than in all other regional trading blocs around the world. Geopolitical considerations and restrictive economic policies have stifled regional integration. Economic policies have been guided by country-level considerations, with little attention to the region, and are not coordinated. Restrictions on trade and capital flows remain substantial and constrain regional integration for the private sector.

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