Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/89193 
Year of Publication: 
2010
Series/Report no.: 
IDB Working Paper Series No. IDB-WP-115
Publisher: 
Inter-American Development Bank (IDB), Washington, DC
Abstract: 
Even as Trinidad and Tobago seeks productive diversification away from the energy sector, the process underlying the country’s productive development policies (PDP) is in a state of transition from state-directed industrial policy to a newer approach with extensive private-public participation. This study explores the main characteristics of four PDPs in Trinidad and Tobago and reviews them following the related literature (e.g., Rodríguez-Clare, 2005a and 2005b, and Melo and Rodríguez-Clare, 2006). The four PDPs are: a) The process towards the Promotion of Clusters; b) the PDPs for the Tourism industry; c) the classical PDPs for Micro, Small and Medium Enterprises and; d) the Free Trade Zone as a policy designed to compensate for the failure of the State.
Subjects: 
Industrial policy
Productive development policies
Diversification
Caribbean
Trinidad and Tobago
JEL: 
L52
O25
O54
Document Type: 
Working Paper

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