Enhancing Competitiveness in Small Developing States

This book is designed to help students, practitioners and policymakers gain an understanding of the existential challengesthat confront small developing states that have resulted inseveral economic fallouts to the extent that some countrieshave experienced the demise of many of their traditionalindustries. It also presents a compendium of approaches, toolsand policies that can assist in resolving some of the lingeringchallenges faced by these countries. It is envisaged that theseapproaches will invariably increase their competitivenessand thereby contribute to economic growth. The book alsoanalyzed the policy and regulatory environment in several smalldeveloping states and has developed approaches that are criticalto strengthening the institutional capacity in support of theSME sector. This is an imperative in their quest to become moreproductive and competitive and thereby create opportunitiesfor sustained economic growth. Emanating from a regionalstudy of the industrial status in the CARICOM Member States,it proposes new and revised approaches to public policy onmany development issues. The book is replete with insights,inspiring real life cases and offers alternative approaches todevelopment.