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Industrial upgrading and diversification to address competitiveness challenges in the Caribbean: The case of tourism

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  • Hendrickson, Michael
  • Skerrette, Nyasha

Abstract

This study analyses the efforts that The Bahamas, Belize and Saint Kitts and Nevis are making to upgrade and diversify their tourism sectors to increase its contribution to inclusive growth. Generally, the study finds that the countries have been making efforts to upgrade and diversify the sector, but this has been affected by resource and institutional constraints. The study proposes key recommendations for strengthening upgrading and diversification.

Suggested Citation

  • Hendrickson, Michael & Skerrette, Nyasha, 2020. "Industrial upgrading and diversification to address competitiveness challenges in the Caribbean: The case of tourism," Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean 45099, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col033:45099
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    File URL: http://repositorio.cepal.org/handle/11362/45099
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    References listed on IDEAS

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    1. Ms. Nicole Laframboise & Miss Nkunde Mwase & Mr. Joonkyu Park & Yingke Zhou, 2014. "Revisiting Tourism Flows to the Caribbean: What is Driving Arrivals?," IMF Working Papers 2014/229, International Monetary Fund.
    2. Mr. Nikola Spatafora & Rahul Anand & Mr. Saurabh Mishra, 2012. "Structural Transformation and the sophistication of Production," IMF Working Papers 2012/059, International Monetary Fund.
    3. Krstic, Bojan & Kahirovic, Ernad & Stanisic, Tanja, 2015. "Business Process Management In Hotel Industry: A Proposed Framework For Operating Processes," Ekonomika, Journal for Economic Theory and Practice and Social Issues, Society of Economists Ekonomika, Nis, Serbia, vol. 61(4), pages 1-13, December.
    4. Salido Marcos, Joaquín & Bellhouse, Tom, 2016. "Economic and Social Upgrading: Definitions, connections and exploring means of measurement," Sede Subregional de la CEPAL en México (Estudios e Investigaciones) 40096, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Gereffi, Gary, 1999. "International trade and industrial upgrading in the apparel commodity chain," Journal of International Economics, Elsevier, vol. 48(1), pages 37-70, June.
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