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The impact of the global 2008 crisis on the Organization of Eastern Caribbean States (OECS) economies was significant and has lingered on until today. The main priority of OECS governments is to enable a resumption in growth in a more sustainable, inclusive and resilient manner. As an important...
Persistent link: https://www.econbiz.de/10012564688
The paper examines the extent to which - if any - that political or governmental actors promote the idea that United States engage in Caribbean tourism that is socially responsible, ethical, os socially conscious
Persistent link: https://www.econbiz.de/10013129385
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...
Persistent link: https://www.econbiz.de/10013065148
The discussion about the relevance of state intervention in the market has been recurring in the history of economic thought. But tourism is another example that regulation is not only necessary, but fundamental to correct the asymmetries of a market that is far from fulfilling the assumptions...
Persistent link: https://www.econbiz.de/10013152927
The growth of the tourist industry in the Caribbean is a rich and varied success story. For the most part it has been a story of private enterprise, with the providers of tourism services pricing their services in line with the quality of service on offer, and, for a majority of countries,...
Persistent link: https://www.econbiz.de/10012837878
This paper studies recent developments in tourism in the East Caribbean countries (ECC) and reviews government policies to support tourism. The paper also presents a model to explain the movements of tourist arrivals to the region during 1970-86. The estimated model is used to project future...
Persistent link: https://www.econbiz.de/10012781058
An opening of Cuba to U.S. tourism would represent a seismic shift in the Caribbean's tourism industry. This study models the impact of such a potential opening by estimating a counterfactual that captures the current bilateral restriction on tourism between the two countries. After controlling...
Persistent link: https://www.econbiz.de/10012766342