It takes the average reader 1 hour and 17 minutes to read Regional integration : what in it for CARICOM ? (Working Paper ITD = Documento de Trabajo ITD; 29) by Mauricio Mesquita Moreira
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Economic and political integration have been a perennial and neuralgic issue in the Caribbean agenda. This paper draws on the literature on trade, growth and regional agreements to discuss the motivation behind the Caribbean drive for integration, the results obtained so far and what is in stock for the future. It argues, with the help of descriptive statistics, an empirical growth model and a gravity model, that the traditional, trade related gains from regional integration have been and are bound to be limited because of (i) the countries' high openness; (ii) the limited size of the common, enlarged market; and (iii) the countries' relatively similar factor endowments. It also argues, though, that gains in the area of non-tradables, due to economies of scale which cannot be mitigated by trade and openness, can be substantial.
Regional integration : what in it for CARICOM ? (Working Paper ITD = Documento de Trabajo ITD; 29) by Mauricio Mesquita Moreira is 76 pages long, and a total of 19,456 words.
This makes it 26% the length of the average book. It also has 24% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 46 minutes to read Regional integration : what in it for CARICOM ? (Working Paper ITD = Documento de Trabajo ITD; 29) aloud.
Regional integration : what in it for CARICOM ? (Working Paper ITD = Documento de Trabajo ITD; 29) is suitable for students ages 8 and up.
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