The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...

The Bank has prepared a new set of strategies, presented in this volume, for the two overarching objectives established (Sustainable Economic Growth and Poverty Reduction and Promotion of Social Equity) and for each of the four priority areas highlighted in the Institutional Strategy...

Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade...

The book looks into recent development and economic trends in India and their possible impact for Latin America and the Caribbean. The study argues that India has the potential to mirror the recent economic performance of China, which has become a major market for Latin American and Caribbean...

This volume discusses frameworks for policies that can help offset the polarizing effects that may be generated by the asymmetrical distribution of the costs and benefits of integration into the global economy.

The topics covered in the chapters of the report were presented and discussed in a conference organized by the IDB in Port of Spain on July 13th, 2004. After more than a decade of economic growth and despite encouraging prospects for the future, the Trinidad and Tobagp economy remains overly...

This book assesses the impact and design of optimal strategies to implement existing agreements. It deals with issues such as removing the remaining barriers to trade, improving the institutional, regional, and global trade architecture, and promoting convergence and accumulation among the...

In this paper we estimate the early effect of the European Monetary Union (EMU) on trade. We use a panel data set that includes the most recent information on bilateral trade for 22 developed countries from 1992 through 2002. During this period 12 European countries formally entered into a...

This document is a synthesis of the region's most pertinent top priorities, of achievements undergone during recent years, and of the challenges and opportunities the region will face in the near future.Abstract: Los países pertenecientes a la región andina han realizado, durante los últimos...

The paper is concerned with the high protection cum high growth experience in Brazil until the second half of the 1980s and its crisis. The paper is structured in four sections. The first section is a summary of the arguments presented in the following three sections of the paper. Section II...