Alcohol consumption is considered an important social activity but a major health risk in Latin American and Caribbean countries (LAC). Alcohol consumption net benefits are doubtful and the factors influencing alcohol consumption in the LAC countries are not well documented. In this study, we...

This paper is based on the premise that if CARICOM’s agricultural sector in general, and more specifically the export sub-sector, is to thrive in the rapidly changing trade environment there has to be a continuous systematic assessment of market opportunities and competitiveness status. Such...

The sugar industry in the island of St. Kitts came to a close in 2005 and so too did a long period of monoculture and possibly a culture and lifestyle of a people that affectionately refer to their country as Sugar City. Sugar was cultivated on approximately 4,500 hectares and there is now a...

Economic theory posits that the removal of impediments to trade should redound to improvement in the overall well-being of all nations. Unfortunately, for many developing countries, this has not been the case; upon significantly reducing their tariffs, they are yet to see any tangible benefits....

Some concerns relating to the demographics of the region as they impact on agricultural production were discussed. Traditional agriculture was in many instances on the decline. Competitive elements have been seizing the opportunity to supply the region through import substitution. Small and...

Several Caribbean sugar producing countries are actively looking for viable alternatives to recover some of the expected lost revenues due to the WTO (World Trade Organization) ruling that sugar subsidies in the European Union (EU) are illegal. One alternative worth considering is exporting...

Cointegration analysis and an Error Correction Model are used to estimate aggregate seafood import demand functions for selected Caribbean countries. The results show that seafood import demand is price elastic. Exchange rate has a negative effect on seafood import quantity. Income and tourist...