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The Effects Of The Caribbean Basin Initiative On Jamaica's Trade, Arlene Hendricks
The Effects Of The Caribbean Basin Initiative On Jamaica's Trade, Arlene Hendricks
Honors Theses
This paper will analyze the export-led model for development by looking at the intended versus the actual results of the Caribbean Basin Initiative (CBI) as it relates to the Caribbean country of Jamaica. The CBI was passed into law by the U.S. Congress under the Caribbean Basin Economic Recovery Act (CBERA) in 1983. An exploration is made of the circumstances leading to the CBI, the main precepts and legislation of the CBI, its implementation and its effects. This paper also discusses the amendment to the CBERA, known as CBI II, which was passed into law effective October 1,1990. There will …