TY - BOOK ID - 84658345 TI - Caribbean Bananas : The Macroeconomic Impact of Trade Preference Erosion AU - Cashin, Paul. AU - Haines, Cleary. AU - Mlachila, Montfort. AU - International Monetary Fund. PY - 2010 SN - 1462311350 1452769214 1282845489 9786612845482 1451963793 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banana trade KW - Tariff preferences KW - Free trade KW - Caribbean Area KW - Commercial policy. KW - Free trade and protection KW - Trade, Free KW - Trade liberalization KW - International trade KW - Banana industry KW - Fruit trade KW - Differential duty KW - Discriminating duty KW - Generalized system of preferences (Tariff) KW - GSP (Tariff) KW - Preferences, Tariff KW - Preferential duty KW - Preferential tariff KW - Trade preferences KW - Tariff KW - Caribbean Free Trade Association countries KW - Caribbean Region KW - Caribbean Sea Region KW - West Indies Region KW - Investments: Commodities KW - Exports and Imports KW - Taxation KW - Agriculture: General KW - Trade Policy KW - International Trade Organizations KW - Trade: General KW - Investment & securities KW - International economics KW - Public finance & taxation KW - Agricultural commodities KW - Trade relations KW - Exports KW - Tariffs KW - Farm produce KW - Commercial policy KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84658345 AB - 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. ER -