Caribbean Region: Review of Economic Growth and ... - USITC

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———. St. Lucia: 2005 Article IV Consultation—Staff Report. IMF Country Report No. 06/325,September 2006.UNCTAD. UNCTAD Handbook of Statistics 2006-07.http://www.unctad.org/Templates/Webflyer.asp?intItemID=1397&docID=8612 (accessed February2008).U.S. Department of State. “Background Note: Saint Lucia,” December 2007. www.state.gov.USITC. DataWeb (data compiled from U.S. Department of Commerce statistics). www.usitc.gov(accessed March 2008).United States Trade Representative’s Office. Seventeenth Report to Congress on the Operation of theCaribbean Basin Economic Recovery Act, December 31, 2007.www.ustr.gov/assets/Trade_Development/Preference_Programs/CBI/asset_upload_file373_13752.pdf.World Bank Group, Multilateral Investment Agency. Snapshot Caribbean: Benchmarking FDICompetitiveness in Caribbean Countries, June 2007.World Bank. Data & Statistics: World Development Indicators Online.http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20398986~menuPK:64133163~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html (accessed February–March2008).———. “Data & Statistics: Country Classification.” www.worldbank.org (accessed March 2008).WTO. Trade Policy Review, Report by the Secretariat, Saint Lucia. WT/TPR/S/190/LCA, October 1,2007.———. Trade Policy Review, Report by Saint Lucia. WT/TPR/G/190/LCA, October 1, 2007.———. Trade Profiles 2007. WTO Publications, 2007.4-122
ST. VINCENT & THEEconomic and Social Development 1GRENADINESSt. Vincent & the Grenadines: Selected economic development indicators2002 2003 2004 2005 2006 Middleincomeaverage,2006GDP, purchasing power parity ($ million) 641 664 743 782 838 298,351GDP p.c., purchasing power parity ($) 5,470 5,634 6,274 6,571 7,007 8,059Remittances (% of GDP) 1.0 1.0 1.0 1.0 1.0 1.5Sources: World Development Indicators. See appendix D for sources and definitions.Note: na = “not available”; p.c. = per capita.Source: World Development Indicators. See appendix D for sources and definitions.1For additional information provided by the Embassy of St. Vincent and the Grenadines, see chap. 5 of thisreport. See chap. 2 for cross-country comparisons.4-123
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TABLE OF CONTENTSPagePreface ......
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TABLE OF CONTENTS-ContinuedChapter
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List of Frequently Used Abbreviatio
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PPPPRGFSDRSMESPSTASCTEUTIEATIFATRQU
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the Netherlands Antilles, accounted
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most influence investment in the re
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Expanding to Higher-Skill-Intensive
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Focusing on Unique Strategic Advant
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U.S.A.CubaBahamasMap of the Caribbe
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Table 1.1 Summary of CBERA preferen
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13under the same rules of origin ap
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training, orientation visits, and b
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domestic population growth pressure
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Figure 2.2 GDP, most recent year, 2
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Figure 2.3 GDP per capita, PPP, mos
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Table 2.1 Selected CBERA countries:
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Box 2.1 Mobile Telephone Industry i
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Table 2.4 Goods and services trade
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Table 2.6 U.S. merchandise imports
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aTable 2.7 Leading U.S. merchandise
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aTable 2.9 Leading U.S. merchandise
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Extent of Utilization of CBERA Pref
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Table 2.12 U.S. imports of apparel
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important trend in the region is th
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GDP in CBERA countries. When the tw
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percent of GDP; this low figure con
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firms from scrutiny, non-transparen
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and Trinidad and Tobago (the only c
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Table 2.17 World Bank IBRD and IDA
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Table 2.19 Caribbean Development Ba
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Table 2.20 Membership of covered CB
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changes specifically in U.S. policy
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Using country-level data, researche
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Reinhardt. 24 The authors find that
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CBTPA programs. Table 3.1 presents
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exports fluctuated within a range o
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promising for all countries covered
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infrastructure, macroeconomic stabi
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exporters have also been affected b
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Policies identified in the literatu
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outside of the domestic market.”
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infrastructure, the 2005 World Bank
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companies.” 99 The islands provid
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government, provide another opportu
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(CDS), was established in 1983 to p
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Policies identified in the literatu
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that, in the early 1990s, Caribbean
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policies discussed in earlier secti
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Caribbean government officials. 159
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These experiences suggest that supp
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which can generate more internation
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Dean, Judith M., and John Wainio.
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Josling, Tim. “Trade Policy in Sm
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———. Textiles and Apparel: Ef
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CHAPTER 4Current Level of Caribbean
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ANTIGUA & BARBUDAEconomic and Socia
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has been an employer of last resort
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International Integration 4Sources:
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improve its overall financial posit
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Aruba: Selected social development
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elated services, such as conference
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SourcesCaribbean-Central American A
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The Bahamas: Selected social develo
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In addition to its beaches that cou
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investment in the services sector,
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Barbados: Selected social developme
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The main agricultural products are
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$418 million. The main products imp
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Belize: Selected social development
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and is one of the fastest-growing i
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Belize: Selected international inte
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BRITISH VIRGIN ISLANDSEconomic and
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Domestic EconomyBritish Virgin Isla
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Data are unavailablefrom sourceData
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USITC. DataWeb (data compiled from
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Dominica: Selected social developme
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mainland or Europe, impede developm
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Dominica: Selected international in
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Economic and Social Development 1GR
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Grenada’s ongoing poverty eradica
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As Grenada’s economy has become i
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Economic and Social Development 1GU
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income average. The government has
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International Integration 3Sources:
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Box 4.1 Bauxite Industry in Guyana:
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Economic and Social Development 1HA
Page 193 and 194: poor nutrition and inadequate acces
Page 195 and 196: International Integration 3Sources:
Page 197 and 198: Box 4.2 Apparel Industry in Haiti:
Page 199 and 200: Economic and Social Development 1JA
Page 201 and 202: Hurricane Dean caused significant d
Page 203 and 204: Source: World Development Indicator
Page 205 and 206: Box 4.4 Film Production Outsourcing
Page 207 and 208: MONTSERRATEconomic and Social Devel
Page 209 and 210: constraint to the country’s futur
Page 211 and 212: International Integration 2Source:
Page 213: CIA. “The World Factbook: Montser
Page 216 and 217: Netherlands Antilles: Selected soci
Page 218 and 219: services industry is an important s
Page 220 and 221: Netherlands is a major source of FD
Page 222 and 223: Panama: Selected social development
Page 224 and 225: The services sector contributes mor
Page 226 and 227: Panama: Selected international inte
Page 228 and 229: SourcesCaribbean-Central American A
Page 230 and 231: St. Kitts & Nevis: Selected social
Page 232 and 233: government closed the state-run sug
Page 234 and 235: St. Kitts & Nevis: Selected interna
Page 236 and 237: U.S. Department of State. “Backgr
Page 238 and 239: St. Lucia: Selected social developm
Page 240 and 241: St. Lucia’s main service industri
Page 242 and 243: St. Lucia: Selected international i
Page 246 and 247: Vincent & the Grenadines: Selected
Page 248 and 249: 3the islands’ adherence to the
Page 250 and 251: Total goods and services trade was
Page 253 and 254: TRINIDAD & TOBAGOEconomic and Socia
Page 255 and 256: development” category. Since 1990
Page 257 and 258: International Integration 5Sources:
Page 259 and 260: Trinidad and Tobago has consistentl
Page 261: Ethanol Producer Magazine. “Ethan
Page 264 and 265: He said that, in mid-2005, St. Kitt
Page 266 and 267: projects are set to come online in
Page 268 and 269: Government of Jamaica 10In testimon
Page 270 and 271: mentioned that promoting health tou
Page 272 and 273: economies have become increasingly
Page 274 and 275: Caribbean-Central American Action (
Page 276: and that CBERA benefits are limited
Page 279 and 280: She added that “a failure to full
Page 281: APPENDIX ARequest Letter from Commi
Page 284 and 285: 11/07/2UU'113: 45 P'Ua uu3The Honor
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Page 289 and 290: 71432 Federal Register / Vol. 72, N
Page 291: 71434 Federal Register / Vol. 72, N
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CALENDAR OF PUBLIC HEARINGThose lis
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ORGANIZATION AND WITNESS:Halcrow, I
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APPENDIX DCountry Profiles Tables a
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Table D.1 Country Profiles Tables a
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Table D.1-ContinuedTable or figuren
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APPENDIX EMerchandise Trade Tables
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Table E.2 Leading U.S. imports unde
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APPENDIX FDevelopment Tables
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Table F.2 Selected examples of rece
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Table F.2-ContinuedCountryPanama-Co
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