01764cas a2200265 a 4500 AALejournalIMF008308 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859973 1018-5941 BD-DhAAL BD-DhAAL Salehizadeh, A. The Challenge of Diversification in the Caribbean / A. Salehizadeh, Peter Berezin, Elcior Santana. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (53 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 It is typically assumed that countries in the Caribbean suffer from a lack of output and export diversification. Contrary to this popular perception, we find no evidence that output variability is higher in Caribbean countries than in larger, more diversified, developing economies. In addition, we find no evidence that export earnings are more volatile in the Caribbean economies than elsewhere. In fact, export earnings are quite stable in the Caribbean, reflecting the fact the region is rather unique in that most of its export earnings are generated from service exports, which tend to be considerably less volatile than goods exports. Mode of access: Internet Berezin, Peter. Santana, Elcior. IMF Working Papers; Working Paper ; No. 2002/196 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/196/001.2002.issue-196-en.xml IMF e-Library