TY - BOOK AU - Cashin,Paul AU - Haines,Cleary AU - Mlachila,Montfort TI - Caribbean Bananas: The Macroeconomic Impact of Trade Preference Erosion T2 - IMF Working Papers; Working Paper SN - 1451963793 : SN - 1018-5941 PY - 2010/// CY - Washington, D.C. PB - International Monetary Fund KW - Country and Industry Studies of Trade KW - imf KW - Exporters KW - Preference Erosion KW - Preferential Trade Arrangements KW - Saint Lucia KW - Saint Vincent and the Grenadines N2 - This paper examines the macroeconomic effects of the erosion of trade preferences, with a focus on the export of Caribbean bananas to Europe. Estimates are made of the magnitude of implicit assistance provided over a period of three decades to eastern Caribbean countries through banana trade preferences. The value of such assistance rose until the early 1990s, and has declined precipitously since then. Using vector autoregressive analysis, the paper finds that changes in the level of implicit assistance have had a considerable macroeconomic impact, especially on Caribbean real GDP growth UR - http://elibrary.imf.org/view/IMF001/10802-9781451963793/10802-9781451963793/10802-9781451963793.xml UR - http://www.imfbookstore.org/IMFORG/9781451963793 ER -