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Caribbean From Vulnerability to Sustained Growth 1st Edition by Paul Cashin, David O Robinson, Ratna Sahay ISBN 1451962460 9781451962468

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Caribbean From Vulnerability to Sustained Growth 1st Edition Paul Cashin Digital Instant Download

Author(s): Paul Cashin; David O. Robinson; Ratna Sahay
ISBN(s): 9781451962468, 1451962460
Edition: 1
File Details: PDF, 2.40 MB
Year: 2006
Language: english
SKU: EB-51346918 Category: Tags: , ,

Caribbean From Vulnerability to Sustained Growth 1st Edition by Paul Cashin, David O Robinson, Ratna Sahay – Ebook PDF Instant Download/Delivery: 1451962460, 9781451962468
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Product details:

ISBN 10: 1451962460 
ISBN 13: 9781451962468
Author: Paul Cashin, David O Robinson, Ratna Sahay

This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the countries of the Eastern Caribbean Currency Union that are the focus of the book have enjoyed a sustained period of price and exchange rate stability, they have been buffeted in recent years by adverse shocks, including the erosion of trade preferences, declines in official foreign assistance, and frequent natural disasters. Strengthening their growth performance will require design of a multifaceted strategy that integrates the Caribbean with the global economy, facilitates an economic transformation from agriculture to tourism, fosters greater regional cooperation, and preserves macroeconomic stability. This volume examines the critical issues that are part of that process, including fiscal and financial sector policy, management of external flows, trade integration and tourism, macroeconomic cycles and volatility, and the economic implications of natural disasters.

Caribbean From Vulnerability to Sustained Growth 1st Table of contents:

I. Fiscal Policy Challenges
2. Stabilization, Debt, and Fiscal Policy in the Caribbean
3. Fiscal Policy: Is the Eastern Caribbean Currency Union a Free‑Riding Paradise?

II. Macroeconomic Cycles and Volatility
4. Key Features of Caribbean Business Cycles
5. Islands of Stability? Determinants of Macroeconomic Volatility in the Eastern Caribbean Currency Union

III. Financial Sector Issues
6. The Eastern Caribbean Currency Union Banking System in a Time of Fiscal Challenge

IV. Economic Implications of Natural Disasters
7. Natural Disasters and Their Macroeconomic Implications
8. Government Responses to Natural Disasters in the Caribbean

V. Managing External Flows
9. Emigration and Brain Drain from the Caribbean
10. Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

VI. Trade Integration and Tourism Developments
11. Eastern Caribbean Tourism: Developments and Outlook
12. Integration and Growth in the Eastern Caribbean

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Tags: Paul Cashin, David O Robinson, Ratna Sahay, Caribbean, Vulnerability