Preparedness of the Caribbean for the FTAA
2000
Bryan, A.T.
This document explains the position of the smaller economies, particularly those in the Caribbean needs to be addressed. My focus is a fairly broad public policy overview of what the Caribbean countries are trying to do in order to prepare for the Free Trade Area of the Americas (FTAA). The smaller economies issue is one that is, to use a acurrent fashionable term, ubiquitous. Certainly there has been a lot written about it. Nevertheless, there are still some difficult issues that have not been resolved. The first has to do with the definition of a "small economy". Studies have been done by the Inter-American Development Bank (IDB), Commission for Latin American and the Caribbean (UN/ECLAC), and the Association of Caribbean States (ACS), which suggest that smaller degree of economic openness in which suggest that smaller economies do share some common characteristics. These include: a high relation to total economic activity; limited diversity in total economic activity; heavy dependence on trade taxes for government revenue; and the small size of domestic firms (which by global standards are minuscule). (MV)
اظهر المزيد [+] اقل [-]الكلمات المفتاحية الخاصة بالمكنز الزراعي (أجروفوك)
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