Departmental Papers

The Caribbean: Enhancing Economic Integration

By Sanjaya P Panth, Paul Cashin, W. A Bauer

October 9, 2008

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Sanjaya P Panth, Paul Cashin, and W. A Bauer "The Caribbean: Enhancing Economic Integration", Departmental Papers 2008, 002 (2008), accessed November 23, 2024, https://doi.org/10.5089/9781589067936.087

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Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

The Caribbean has made substantial progress in recent years in implementing economic reforms, both at the national and regional level. The Caribbean: Enhancing Economic Integration examines the product of the efforts made by Caribbean policymakers to strengthen regional cooperation and integration, which has yielded economic transformation and tighter integration with the global economy. This volume discusses regional financial integration as a means of deepening financial systems and raising regional growth; the relationship between tax incentives and investment, where harmonized regional action is important in seeking to overcome collective actions problems; and the consequences for the Caribbean of the erosion of trade preferences in key export markets. The book is based on empirical research carried out as part of the IMF's regional surveillance work in the Caribbean.

Subject: Agricultural commodities, Balance of payments, Commodities, Corporate income tax, Exports, Foreign direct investment, International trade, Tax incentives, Taxes

Keywords: Agricultural commodities, Capital market, Caribbean, Central America, Corporate income tax, Cost of capital, Country authorities, DP, DPPP, Exports, Foreign direct investment, Free market, Global, Gross domestic product, Income tax, Indirect tax, Market price, Single market, South America, Tax incentive, Tax incentives, Tax rate, West Africa

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