The overall economic performance of Caribbean countries has
declined markedly in recent times. The weak export performance of
these trade-oriented economies is highlighted as the principal
factor responsible for the economic deterioration. The author
attempts to identify the major determinants of their export
performance. Two alternative approaches to this issue are adopted,
the Feder model and an alternate, which suggests the important
nexus between foreign exchange, needed imports and exports. The
role of government institutions and their influence on exchange
rates are also analyzed. Scholars in economic development, Latin
America, as well as international financial institutions will find
this comprehensive study on the English speaking Caribbean
countries of Jamaica, Trinidad and Tobago, and Barbados a useful
tool.
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