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ERIC Number: ED347117
Record Type: Non-Journal
Publication Date: 1992
Pages: 24
Abstractor: N/A
Reference Count: N/A
The Caribbean Basin Initiative: Reaction to the CBI I as an Economic Development Model and of Its Impact to the Region.
Potoker, Elaine S.
Begun under President Reagan, the Caribbean Basin Initiative (CBI) was a program of trade, economic assistance, and tax measures designed to generate economic growth in the region through private sector investment and trade. This study proposes to: (1) discuss the reaction to the CBI as a viable economic development model for the region; and (2) assess its impact upon selected countries. Without further study it is impossible to conclude that CBI has had anything more than a limited impact on the region. It does appear that economic growth has taken place in terms of diversification of exports of non-traditional products, but broad conclusions regarding other areas defining economic growth are risky at best. A number of recommendations for further study in this area are made. (Contains 28 endnotes.) (DB)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A