Caribbean growth in an international perspective: the role of tourism and size
After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspectiv...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Washington, D.C
International Monetary Fund
2012
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Schriftenreihe: | IMF Working Papers
Working Paper No. 12/235 |
Schlagworte: | |
Online-Zugang: | BSB01 FAN01 FAW01 FAW02 FHA01 FKE01 FLA01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext |
Zusammenfassung: | After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspective. Three findings stand out. First, the slowdown in growth is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many countries there is scope for further expansion of this sector. Third, the small size and the fact that most of these countries are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and regional integration could pay dividends in terms of higher growth in the region |
Beschreibung: | Title from PDF title page (IMF Web site, viewed Sept. 28, 2012). - "Western Hemisphere Department.". - "September 2012." |
Beschreibung: | 1 Online-Ressource (35 Seiten) |
ISBN: | 1475510896 9781475510898 9781475512083 1475512082 9781475512069 1475512066 |
ISSN: | 1018-5941 |
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Datensatz im Suchindex
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author | Thacker, Nita Acevedo, Sebastian Perrelli, Roberto 1973- |
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discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
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id | DE-604.BV048358291 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:14:04Z |
indexdate | 2024-07-10T09:35:52Z |
institution | BVB |
institution_GND | (DE-588)10359917-4 |
isbn | 1475510896 9781475510898 9781475512083 1475512082 9781475512069 1475512066 |
issn | 1018-5941 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033737527 |
oclc_num | 811354352 1337134046 |
open_access_boolean | |
owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM DE-1046 DE-1047 |
owner_facet | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM DE-1046 DE-1047 |
physical | 1 Online-Ressource (35 Seiten) |
psigel | ZDB-1-IMF ZDB-30-PAD ZDB-30-PBE ZDB-4-EBA ZDB-4-EBA FAW_PDA_EBA ZDB-4-EBA FLA_PDA_EBA |
publishDate | 2012 |
publishDateSearch | 2012 |
publishDateSort | 2012 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF Working Papers |
spelling | Thacker, Nita Verfasser (DE-588)171213041 aut Caribbean growth in an international perspective the role of tourism and size prepared by Nita Thacker, Sebastian Acevedo, and Roberto Perrelli Washington, D.C International Monetary Fund 2012 1 Online-Ressource (35 Seiten) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 12/235 1018-5941 Title from PDF title page (IMF Web site, viewed Sept. 28, 2012). - "Western Hemisphere Department.". - "September 2012." After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper analyzes the growth experience of the Caribbean countries from a cross country perspective. Three findings stand out. First, the slowdown in growth is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in many countries there is scope for further expansion of this sector. Third, the small size and the fact that most of these countries are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and regional integration could pay dividends in terms of higher growth in the region Online-Ausg Wirtschaftsentwicklung BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Economic development fast Industrial productivity fast Tourism fast Wirtschaft Tourism Caribbean Area Economic development Caribbean Area Industrial productivity Caribbean Area Acevedo, Sebastian Verfasser (DE-588)1025761413 aut Perrelli, Roberto 1973- Verfasser (DE-588)171884655 aut Internationaler Währungsfonds Western Hemisphere Department Sonstige (DE-588)10359917-4 oth http://elibrary.imf.org/view/IMF001/20024-9781475510898/20024-9781475510898/20024-9781475510898.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Thacker, Nita Acevedo, Sebastian Perrelli, Roberto 1973- Caribbean growth in an international perspective the role of tourism and size Wirtschaftsentwicklung BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Economic development fast Industrial productivity fast Tourism fast Wirtschaft Tourism Caribbean Area Economic development Caribbean Area Industrial productivity Caribbean Area |
title | Caribbean growth in an international perspective the role of tourism and size |
title_auth | Caribbean growth in an international perspective the role of tourism and size |
title_exact_search | Caribbean growth in an international perspective the role of tourism and size |
title_exact_search_txtP | Caribbean growth in an international perspective the role of tourism and size |
title_full | Caribbean growth in an international perspective the role of tourism and size prepared by Nita Thacker, Sebastian Acevedo, and Roberto Perrelli |
title_fullStr | Caribbean growth in an international perspective the role of tourism and size prepared by Nita Thacker, Sebastian Acevedo, and Roberto Perrelli |
title_full_unstemmed | Caribbean growth in an international perspective the role of tourism and size prepared by Nita Thacker, Sebastian Acevedo, and Roberto Perrelli |
title_short | Caribbean growth in an international perspective |
title_sort | caribbean growth in an international perspective the role of tourism and size |
title_sub | the role of tourism and size |
topic | Wirtschaftsentwicklung BUSINESS & ECONOMICS / Economics / General bisacsh BUSINESS & ECONOMICS / Reference bisacsh Economic development fast Industrial productivity fast Tourism fast Wirtschaft Tourism Caribbean Area Economic development Caribbean Area Industrial productivity Caribbean Area |
topic_facet | Wirtschaftsentwicklung BUSINESS & ECONOMICS / Economics / General BUSINESS & ECONOMICS / Reference Economic development Industrial productivity Tourism Wirtschaft Tourism Caribbean Area Economic development Caribbean Area Industrial productivity Caribbean Area |
url | http://elibrary.imf.org/view/IMF001/20024-9781475510898/20024-9781475510898/20024-9781475510898.xml |
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