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Caribbean Growth in an International Perspective.

After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspectiv...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Thacker, Nita
Otros Autores: Acevedo Mejia, Sebastian, Perrelli, Roberto
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2012.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspective. Three findings stand out. First, the slowdown in growth is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man.
Descripción Física:1 online resource (36 pages)
ISBN:9781475512069
1475512066