Caribbean Basin Initiative:

Impact on Selected Countries

NSIAD-88-177: Published: Jul 12, 1988. Publicly Released: Jul 12, 1988.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO reviewed the Caribbean Basin Initiative's (CBI) impact on selected countries, focusing on: (1) its contributions toward alleviating debt-servicing problems, creating lasting employment opportunities, and fostering broadly based economic growth; (2) executive branch or congressional actions which worked against CBI; and (3) the Agency for International Development's (AID) promotion of CBI.

GAO found that: (1) CBI fostered some trade and investment opportunities, but not to the extent of generating broadly based economic growth, alleviating debt-servicing problems, or creating lasting employment; (2) a congressionally mandated sugar import quota negatively affected some CBI countries; (3) although increased citrus production and tourism both have potential for helping CBI countries, AID has discouraged missions from providing assistance and funding in these areas; (4) AID CBI-related projects involved skilled employment training, medium- and long-term credit availability, export and investment promotion services, and policy reforms; and (5) factors constraining the effectiveness of AID efforts included a lack of infrastructure, political instability, limited labor and resource bases, and underdeveloped private sectors.

Sep 27, 2018

Sep 20, 2018

Sep 18, 2018

Sep 6, 2018

Sep 5, 2018

Aug 30, 2018

Aug 8, 2018

Jul 30, 2018

Jul 12, 2018

Looking for more? Browse all our products here