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Books > Business & Economics > Business & management > Business competition
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Competitiveness in Small Developing Economies - Insights from the Caribbean (Paperback)
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Competitiveness in Small Developing Economies - Insights from the Caribbean (Paperback)
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Possibly no group is more conscious of the challenges created by
the increasing integration of markets for capital, labor, products
and information than small, developing economies. Policy makers
from these economies have sought a two-track response to this
integration. One response lies in increasing lobbying efforts for
these economies to be accorded special or more equitable treatment
in market integration discussions. The second response lies in
improving the competitiveness of their economies. It is this second
response that provides the subject matter for this book. It
explores the challenges and opportunities associated increasing
competitiveness in small, developing economies based on research
conducted in the Caribbean. The topics covered indicate the breadth
of activity that is required to enhance competitiveness. At the
macro-policy level, the book explores the key drivers of
competitiveness, examines the role of exchange-rate regimes and of
government policy, considers the implications sovereignty, and
assesses the extent to which competitiveness is likely to be
improved by attracting foreign direct investment. At the level of
private-sector enterprise the book reports on Caribbean-based
research on the role of workplace change and enterprise management
in enhancing firm competitiveness. Finally, the book covers
competitiveness enhancement in rarely traded non-private and
micro-enterprise sectors of small economies.
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