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REGIONAL INTEGRATION

REGIONAL INTEGRATION Define the following terms and concepts related to REGIONAL INTEGRATION : Bilateral agreement, multilateral agreement, common market, single market, single economy, economic INTEGRATION , independent state, underdeveloped country, developing country, developed country, trade liberalization, globalization, multinational corporation, regionalism, trading bloc, fiscal policy, monetary policy Major challenges facing the caribbean Region Major stages in the INTEGRATION movement Functions of the various organizations (OECS Secretariat, CARICOM Secretariat, Conference of Heads of Government) Objectives of the various organizations: OECS, CARICOM, CSME Factors that promote REGIONAL INTEGRATION Factors that hinder REGIONAL INTEGRATION Benefits of REGIONAL INTEGRATION The role of individuals, businesses and government in the INTEGRATION process The role of REGIONAL agencies in the INTEGRATION processMajor challenges facing the caribbean size, small national of and levels of production and in resource levels of indebtedness (debt burden)Major challenges facing the caribbean level and cost of of skilled value of accessing markets of foreign of to natural disastersObjectives of the Regi

among Caribbean States, fosters regional unity ... Factors that hinder regional integration •Different emphases on strategies for growth: one depends on petroleum, some on tourism, others on agriculture (common policies difficult to achieve) •Territorial interests often supercede regional ones eg

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