Productive Development Policies in Trinidad and Tobago: A Critical Review

Ramiro Moya, Anne-Marie Mohammed and Sandra Sookram

No 1492, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: Even as Trinidad and Tobago seeks productive diversification away from the energy sector, the process underlying the countrys productive development policies (PDP) is in a state of transition from state-directed industrial policy to a newer approach with extensive private-public participation. This study explores the main characteristics of four PDPs in Trinidad and Tobago and reviews them following the related literature (e.g., Rodríguez-Clare, 2005a and 2005b, and Melo and Rodríguez-Clare, 2006). The four PDPs are: a) The process towards the Promotion of Clusters; b) the PDPs for the Tourism industry; c) the classical PDPs for Micro, Small and Medium Enterprises and; d) the Free Trade Zone as a policy designed to compensate for the failure of the State.

Keywords: IDB-WP-115 (search for similar items in EconPapers)
JEL-codes: L52 O25 O54 (search for similar items in EconPapers)
Date: 2010-01
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:1492

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