Dominica: strategic for stimulating the economy and for short-term adjustment following the unification of the European Market and the introduction of the new CET
- Roseau, Dominica. 1993
- 13 p.
Reviews the economy of the island for the year 1992 and examines prospects for 1993. Predicts a decline in the agricultural sector's contribution to GDP as banana prices fall. Overall economic performance for 1993 will be poor. A short-term strategy for growth stimulation recommends government investment in pilot projects in new areas of investment, joint partnership with domestic and foreign investors, and government taking a leading role in developing bankable projects for private sector use. Specific actions required include an increase in banana production, new marketing strategy for sale of other crops, increased agro-processing and increase in visitor accommodation.
General
ECONOMIC PLANNING
ECONOMIC POLICY
ECONOMIC PERFORMANCE
SINGLE EUROPEAN MARKET
TARIFFS
TARIFF AGREEMENTS
TRADE
DOMINICA
00027-DM
Reviews the economy of the island for the year 1992 and examines prospects for 1993. Predicts a decline in the agricultural sector's contribution to GDP as banana prices fall. Overall economic performance for 1993 will be poor. A short-term strategy for growth stimulation recommends government investment in pilot projects in new areas of investment, joint partnership with domestic and foreign investors, and government taking a leading role in developing bankable projects for private sector use. Specific actions required include an increase in banana production, new marketing strategy for sale of other crops, increased agro-processing and increase in visitor accommodation.
General
ECONOMIC PLANNING
ECONOMIC POLICY
ECONOMIC PERFORMANCE
SINGLE EUROPEAN MARKET
TARIFFS
TARIFF AGREEMENTS
TRADE
DOMINICA
00027-DM