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dc.titleDoes Size Matter? Yes, If You are Caribbean!
dc.contributor.authorRuprah, Inder J.
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageThe Caribbean
dc.date.available2013-09-30T00:00:00
dc.date.issue2013-09-01T00:00:00
dc.description.abstractThis policy brief reviews whether the size of a country limits economic growth. Diseconomies of scale, indivisible fixed costs and geographic barriers represent intrinsic characteristics of small economies that might hinder economic growth. However, while some small economies have overcome the size hurdle, Caribbean countries have not. There is a widening growth and GDP per capita gap between the Caribbean and other small economies. Further, the Caribbean countries¿ ability to generate employment for given growth has fallen over time and relative to other small economies. It is not size that is the problem.
dc.format.extent13
dc.identifier.doihttp://dx.doi.org/10.18235/0008429
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Does-Size-Matter-Yes-If-You-are-Caribbean!.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomic Development
dc.subjectUnemployment Rate
dc.subjectGDP Growth
dc.subject.jelcodeF12 - Models of Trade with Imperfect Competition and Scale Economies • Fragmentation
dc.subject.jelcodeF41 - Open Economy Macroeconomics
dc.subject.jelcodeF43 - Economic Growth of Open Economies
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.jelcodeO57 - Comparative Studies of Countries
dc.subject.keywordsCaribbean;Small economies;Economic growth;Growth gap;Unemployment;Scale economies
dc.typePolicy Briefs
idb.identifier.pubnumberPolicy Briefs
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