Macroeconomic performance and external shocks on small, open economies the Caribbean experience

This paper analyzes the macroeconomic performance of several small countries in the 1980s. The analysis shows that the social infrastructure of the Caribbean declined during the 1980s and that inflation was a substantial tax. The author demonstrates that external shocks have had a substantial negati...

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Veröffentlicht in:The journal of developing areas
1. Verfasser: Gafar, John S. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1996
Schlagworte:
Nationaleinkommen > Entwicklung > Schock > Offene Volkswirtschaft > Karibischer Raum > Wirtschaftsstruktur > Globalisierung > Karibik > Aufsatz in Zeitschrift
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Zusammenfassung:This paper analyzes the macroeconomic performance of several small countries in the 1980s. The analysis shows that the social infrastructure of the Caribbean declined during the 1980s and that inflation was a substantial tax. The author demonstrates that external shocks have had a substantial negative impact on the Caribbean countries. (DSE/DÜI)
ISSN:0022-037X