Does Caribbean Integration have practical value? Astute reflections of Owen Arthur
- the Caribbean’s share of the world’s exports have declined from 0.5% in 1980 to 0.2%.
- the region’s integration into the global economy has been much slower than countries which have not enjoyed preferential access to some of the main markets of the world.
- over the past five years many Caribbean countries have lost market share in their principal service export sectors.
- concerning the ease of doing business, the region figures poorly on virtually all indices and none register in the top 50 countries globally.
Published January 26, 2015
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