This paper surveys the state of knowledge about the trade-related environmental consequences of a country's development strategy along three channels: (i) direct trade-environment linkages (overexploitation of natural resources and trade-related transport costs); (ii) 'virtual trade' in...

The main objective of this report is to help policymakers in the Caribbean design an agenda of policy actions to accelerate trade integration and growth, and to reduce poverty. Each part of the report focuses on a key question and provides an in-depth analysis of the issues raised, laying the...

This volume builds on the foundation laid by the 2005 report by focusing on the factors affecting the region's competitiveness and the critical role that the Caribbean Single Market and Economy (CSME) has to play as a driver of integration and economic development. In addition it highlights the...

This article considers the countries' responses to the commodity and oil price shocks of the 1970s in the light of their inability to use the nominal exchange rate as a tool of macroeconomic adjustment. Using a two-sector model, it shows that there exist instruments that permit the real exchange...