Narrow Your Choices

Refine By Topic

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Western Hemisphere > Dominica

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Trade Policy; International Trade Organizations x
Clear All Modify Search
Cover IMF Working Papers
Caribbean Bananas: The Macroeconomic Impact of Trade Preference Erosion
Mr. Paul Cashin
,
Mr. Montfort Mlachila
, and
Cleary Haines
This paper examines the macroeconomic effects of the erosion of trade preferences, with a focus on the export of Caribbean bananas to Europe. Estimates are made of the magnitude of implicit assistance provided over a period of three decades to eastern Caribbean countries through banana trade preferences. The value of such assistance rose until the early 1990s, and has declined precipitously since then. Using vector autoregressive analysis, the paper finds that changes in the level of implicit assistance have had a considerable macroeconomic impact, especially on Caribbean real GDP growth.
Keywords:
WP; trade preference; EU banana regime; real GDP; country authorities; EU export unit value
Cover IMF Staff Country Reports
Eastern Caribbean Currency Union: Selected Issues
International Monetary Fund
This Selected Issues paper on the Eastern Caribbean Currency Union (ECCU) underlies key features of business cycles. To obtain new measures of classical and growth cycles, simple rules were applied to date turning points in the classical business cycle, and a recently developed frequency domain filter was used to estimate the growth cycle. At the regional level, the ECCU countries are facing two shocks, i.e., the depreciation of the U.S. dollar and the depreciation of the Dominican Republic’s peso. The countries of the ECCU have experienced modest erosion in their price and nonprice competitiveness.
Keywords:
ISCR; CR; ECCU country; bank; insurance market; growth cycle; public debt to GDP ratio; ECCU bank; Natural disasters; Real exchange rates; Business cycles; Tourism; Caribbean; Global
Cover IMF Staff Country Reports
Eastern Caribbean Currency Union: Selected Issues
International Monetary Fund
This Selected Issues paper analyzes the competitive threats to the tourism sector in the Eastern Caribbean Currency Union (ECCU). The paper concludes that the ECCU countries have lost competitiveness globally and vis-à-vis newly emergent Caribbean tourist destinations as a result of both price and nonprice factors. The short-term measures implemented by the countries seem to have been insufficient to prevent further declines in 2002. The paper also describes strengthening fiscal discipline through fiscal benchmarks.
Keywords:
ISCR; CR; OECS country; ECCU country; government; bank; CARICOM country; ECCU member; ECCB benchmark; Pensions; Tourism; Pension spending; Commercial banks; Caribbean; West Africa; Global; South Asia