Rouis, MustaphaKathuria, SanjayCorlett, MichaelHanson, JamesOberai, Rina H.Tomlinson, KevinRuppert Bulmer, ElizabethBlom, AndreasNuamah, CamilleJha, AbhasBrenzel, Logan2012-08-132012-08-132005-06https://hdl.handle.net/10986/10330The Caribbean region is at a development crossroads and its member nations must take significant and concrete steps to improve productivity and competitiveness and face up to global competition if they are to accelerate or even maintain past growth, says a new World Bank report1. By taking such steps, they will reposition themselves strategically as an emerging trading bloc for goods and services; without such action, they risk growing economic marginalization and erosion of many of the social gains of the last three decades.CC BY 3.0 IGOCAPITAL ACCUMULATIONCAPITAL MARKETCIVIL SOCIETYCOMPETITIVENESSCOOPERATIONCUSTOMSDEBTDEBT CRISISDIVERSIFICATIONDOMESTIC ECONOMYDOMESTIC MARKETECONOMIC HISTORYEDUCATED PEOPLEENROLLMENTEXTERNAL TARIFFSFINANCIAL ASSISTANCEFINANCIAL SUPPORTFOREIGN DIRECT INVESTMENTFREE TRADEGDPGLOBAL COMPETITIONGOVERNMENT EXPENDITURESGROWTH PROSPECTSHIGH TAXESHUMAN DEVELOPMENTIMPROVING GROWTHINCOME DISTRIBUTIONINVESTMENT CLIMATEINVESTMENT DECISIONSINVESTMENT PROCEDURESINVESTMENT PROMOTIONINVESTMENT RATESLABORLABOR FORCELABOR MARKETLEADERSHIPLEARNINGLEARNING OUTCOMESMACRO STABILITYMACROECONOMIC ENVIRONMENTMACROECONOMIC STABILITYMARKET ACCESSNATIONAL SOVEREIGNTYOUTPUT VOLATILITYPER CAPITA INCOMESPOLITICAL STABILITYPOVERTY REDUCTIONPRIMARY EDUCATIONPRIVATE INVESTMENTPRIVATE SECTORPRIVATE SECTOR INVOLVEMENTPRO-POORPRO-POOR GROWTHPRODUCT AREASPRODUCTIVITYPRODUCTIVITY GROWTHPRODUCTIVITY INCREASESPUBLIC EMPLOYMENTPUBLIC INVESTMENTPUBLIC SECTORREGIONAL COOPERATIONREGIONAL INSTITUTIONSREGIONAL INTEGRATIONREGIONAL STANDARDSSKILLED WORKERSSUSTAINABLE GROWTHTAKEOVERTAX HARMONIZATIONTAX INCENTIVESTAX SYSTEMSTRADE DIVERSIONTRADE PREFERENCESTRADE REGIMETUITIONUNEMPLOYMENTUNIVERSAL PRIMARY EDUCATIONWAGESYOUTHWorld Bank10.1596/10330