01744cas a2200265 a 4500 AALejournalIMF006337 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451963793 1018-5941 BD-DhAAL BD-DhAAL Cashin, Paul. Caribbean Bananas : The Macroeconomic Impact of Trade Preference Erosion / Paul Cashin, Montfort Mlachila, Cleary Haines. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Haines, Cleary. Mlachila, Montfort. IMF Working Papers; Working Paper ; No. 2010/059 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/059/001.2010.issue-059-en.xml IMF e-Library