2003
DOI: 10.2139/ssrn.1366384
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Euro: Implications for Latin America and the Caribbean

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(1 citation statement)
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“…The combination of external trade dependence and lack of export diversification makes the economy extremely vulnerable to external shocks (Escaith 2001). Heavy dependence on external trade, which has its structural roots in the colonial period, has been considered a constraint to economic development (Beckford 1988 unlimited supplies of labor, the country embarked on a period of industrialization in the 1960s.…”
Section: The Economymentioning
confidence: 99%
“…The combination of external trade dependence and lack of export diversification makes the economy extremely vulnerable to external shocks (Escaith 2001). Heavy dependence on external trade, which has its structural roots in the colonial period, has been considered a constraint to economic development (Beckford 1988 unlimited supplies of labor, the country embarked on a period of industrialization in the 1960s.…”
Section: The Economymentioning
confidence: 99%