Enhancing Competitiveness in Small Developing States

This book is designed to help students, practitioners and policy
makers gain an understanding of the existential challenges
that confront small developing states that have resulted in
several economic fallouts to the extent that some countries
have experienced the demise of many of their traditional
industries. It also presents a compendium of approaches, tools
and policies that can assist in resolving some of the lingering
challenges faced by these countries. It is envisaged that these
approaches will invariably increase their competitiveness
and thereby contribute to economic growth. The book also
analyzed the policy and regulatory environment in several small
developing states and has developed approaches that are critical
to strengthening the institutional capacity in support of the
SME sector. This is an imperative in their quest to become more
productive and competitive and thereby create opportunities
for sustained economic growth. Emanating from a regional
study of the industrial status in the CARICOM Member States,
it proposes new and revised approaches to public policy on
many development issues. The book is replete with insights,
inspiring real life cases and offers alternative approaches to
development.