Has the Caribbean Basin Economic Recovery Act Achieved Its Stated Goals?
Don Clark and
International Economic Journal, 2015, vol. 29, issue 2, 285-305
This paper examines the impact of CBERA (Caribbean Basin Economic Recovery Act) trade provisions to determine whether the program has achieved its stated goals. A major program enhancement had a negative impact across small beneficiaries, but countries with large manufacturing sectors were able to expand preferential export shares with negligible increases in total exports relative to GDP. Additional evidence supports the view that tariff preferences did not promote economic development in CBERA-eligible countries. Greater utilization of CBERA trade provisions will require expanding coverage to include all products of export interest to beneficiaries and reducing costs associated with administrative regulations and rules of origin.
References: View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:intecj:v:29:y:2015:i:2:p:285-305
Ordering information: This journal article can be ordered from
Access Statistics for this article
International Economic Journal is currently edited by Jaymin Lee Editor
More articles in International Economic Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().