The Caribbean Basin Initiative: A Review and Analysis of its Questionable Performance to Date

Conference paper
Part of the Developments in Marketing Science: Proceedings of the Academy of Marketing Science book series (DMSPAMS)


The Caribbean Basin Economic Recovery Act went into effect in 1983. Commonly known as the Caribbean Basin Initiative (CBI), this trade program was promulgated and optimistically promoted by the Reagan administration as a means to accelerate Caribbean economic development. The CBI suspends U.S. import tariffs for select products from select Caribbean countries until 1995. Authorities report questionable or disappointing CBI performance to date. The context in which this performance has occurred is reviewed and hypotheses are set forth in an attempt to contribute to the understanding of this particular international trade program and U.S. international marketing in general.


International Marketing Import Tariff Caribbean Country Caribbean Basin Trade Program 
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Copyright information

© Academy of Marketing Science 2015

Authors and Affiliations

  1. 1.University of Alabama in HuntsvilleBlackburgUSA

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