Matching the Mandate and Resource Envelope

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Carl B. Greenidge


The Caribbean's economic prospects are closely bound up with the speed at which the region is able to anticipate and adjust to the unfolding trends and events in global economic and political relations and arrangements. In addition to being small, open and trade dependent, these economies rely on a relatively narrow range of products for their export earnings, GOP and employment. Since they also depend on foreign savings for a significant portion of capital formation, changes in the international economy, particularly as it concerns investment, aid flows and the global trading regime including dispute settlement, would be of special interest to them.

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