Chapter 3. Formulating Trade Policy in a Small Hydrocarbon-Dependent Economy: The Case of Trinidad and Tobago

  1. David Greenaway
  1. Michael Henry

Published Online: 25 MAR 2009

DOI: 10.1002/9781444306712.ch3

The World Economy: Global Trade Policy 2007

The World Economy: Global Trade Policy 2007

How to Cite

Henry, M. (2009) Formulating Trade Policy in a Small Hydrocarbon-Dependent Economy: The Case of Trinidad and Tobago, in The World Economy: Global Trade Policy 2007 (ed D. Greenaway), Blackwell Publishing Ltd., Oxford, UK. doi: 10.1002/9781444306712.ch3

Publication History

  1. Published Online: 25 MAR 2009
  2. Published Print: 15 FEB 2008

ISBN Information

Print ISBN: 9781405177078

Online ISBN: 9781444306712

SEARCH

Keywords:

  • Trade Policy Review for Trinidad and Tobago (TPRTT) - containing mixed reviews;
  • Most Favoured Nation (MFN);
  • challenges for policy-makers - formulation of mix of trade;
  • resource-based industrialisation (RBI) strategy;
  • trade policy framework;
  • foreign direct investment (FDI);
  • bilateral and preferential agreements;
  • Common External Tariff - increasing duties on macaroni and spaghetti

Summary

This chapter contains sections titled:

  • Introduction

  • Trade Policy and Economic Performance 1980–1988: The Pre-Reform Years

  • Trade Policy and Economic Performance 1989–1998: The Reform Years

  • Trade Policy and Economic Performance 1999–2005: A Period of Sustained and Rising Economic Growth

  • Conclusion and Overall Evaluation of Trinidad and Tobago's Trade Reforms

  • References