This paper examines the neo-liberal development strategies adopted by Central America and the Caribbean during the 1980s and 1990s. The historical pattern of CAC trade and a general discussion on trade liberalization are coupled with 3 specific case studies - Costa Rica, Guatemala and Jamaica - which provide greater insight into the effects of the liberalization process specifically in the areas of trade balances, the degree of economic openness, and GDP growth.
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Paper provided by Portsmouth University - Department of Economics in its series Papers with number
115.
Find related papers by JEL classification: F14 - International Economics - - Trade - - - Country and Industry Studies of Trade F15 - International Economics - - Trade - - - Economic Integration O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean