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Integration in the Caribbean

dc.contributor.authorAllub, Lian
dc.contributor.authorSchliesser, Reinier
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.date.accessioned2023-07-13T13:54:35Z
dc.date.available2023-07-13T13:54:35Z
dc.date.issued2023-07
dc.identifier.citationAllub, L., & Schliesser, R. (2023, July). Integration in the Caribbean. Caracas: CAF-Development Bank of Latin America and the Caribbean. Retrieved from https://scioteca.caf.com/handle/123456789/2068en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/2068
dc.description.tableofcontentsTrade and economic integration improve welfare and productivity through several channels. Trade increases market size to export and import, promotes gains from specialization and economies of scale, and foster innovation and the spillover of knowledge from foreign to domestic firms. International trade literature has shown that the countries that benefit the most from trade are small countries like CARICOM members. In this policy note, we present several indicators of the evolution of trade indicators and trade costs for CARICOM members. We analyze the level of tariffs, the performance regarding trade facilitation, the participation in global value chains, and energy integration. As expected, trade figures for CARICOM are high compared to Latin American countries, but there is still room to reduce tariffs with South American partners, improve trade facilitation and deepen energy integration and participation in regional and global value chains.es_ES
dc.language.isoenes_ES
dc.publisherCAF-Development Bank of Latin America and the Caribbeanes_ES
dc.rightsCC-BY-NC-NDes_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/es_ES
dc.subjectComercio internacionales_ES
dc.subjectDesarrolloes_ES
dc.subjectEconomíaes_ES
dc.titleIntegration in the Caribbeanes_ES
dc.title.alternativePolicy Paper #23es_ES
dc.typeworkingPaperes_ES
dc.publisher.cityCaracases_ES


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