Emerging Markets & Regions - Caribbean

Emerging Markets and Regions - Caribbean

Shelly King

International Business MGT/448

Ignacio Arribas [FAC]

July 9, 2003










Introduction

The Eastern Caribbean is made up 0f 600-mile long sweep of islands known as the Lesser Antilles. Collectively, they're a mixture of African, European and East Indian influences and it’s possible to island hop between the cultural extremes. It's a mecca for diving, tropical hikes, and epic waterfalls rich in colonial history. The area is home to many thriving and vibrant cities. It has been shaped by centuries of history and is the birthplace of numerous powerful and distinct cultures, languages and music. The economic fortunes of small island economies are largely dependent on the ability to anticipate opportunities and threats resultant from exogenous trends in the world economy. The recent changes in the EU import preference regime and the increased competition have made economic diversification increasingly import...