Globalisation and International Competitiveness: The Future of the Caribbean Require Reform Changes

30 Pages Posted: 24 Apr 2017

See all articles by Antonio Alleyne

Antonio Alleyne

Dongbei University of Finance and Economics

Brian M. Francis

University of the West Indies (Cave Hill)

Date Written: January 25, 2017

Abstract

Despite liberalization efforts, compelling evidence suggest that the region is waning in its efforts to create a sustainable development path. This research addressed key the question: Can CARICOM countries maintain positive economic growth rates in an era of increasing globalization under the same modus operandi — without meaningful improvements in their international competitiveness? Analysis of the region's state of affairs reveals concerns regarding the measurements and levels of competitiveness in trade, and a need for compelling swift action. Comprehensive policy reform which enhances regional competitiveness should be the primary role for governments as they embark onto an alternate sustainable development path.

Keywords: Trade, Caribbean, Globalization, Macroeconomic Policy, Policy Reform, Developing

Suggested Citation

Alleyne, Antonio and Francis, Brian M., Globalisation and International Competitiveness: The Future of the Caribbean Require Reform Changes (January 25, 2017). Available at SSRN: https://ssrn.com/abstract=2956746 or http://dx.doi.org/10.2139/ssrn.2956746

Antonio Alleyne (Contact Author)

Dongbei University of Finance and Economics ( email )

No. 217 JianShan Street
Shahekou District
Dalian, Liaoning 116025
China

Brian M. Francis

University of the West Indies (Cave Hill)

Cave Hill
Barbados

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