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Winston Moore

Comparative Advantage and Green Goods in the Caribbean

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Countries of the Caribbean could address their economic vulnerabilities by
pursuing a development strategy built around the green economy, which
could also address their social and environmental challenges. Using the
draft list of green goods currently being negotiated by member countries of
the World Trade Organisation, the study calculates indicators of comparative
advantage for 10 Caribbean countries. The results suggest that for
most countries, comparative advantages exist for less than 10 percent of

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Greening a Model of the Small Open Economy

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Many small states have identified green policies as a means of adapting to the effects of climate change, as well as developing competitive advantages. This article incorporates the concept of green economy into a model of a small open economy. Using system dynamics, the analysis identifies the benefits in terms of productivity and examines the extent to which greening the economy reduces both environmental and economic vulnerabilities of small states.
 

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