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An Unravelling Development Strategy? Garment Assembly in the Caribbean Basin after the Multifibre Arrangement

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Article of journalHeron, Tony  An Unravelling Development Strategy? Garment Assembly in the Caribbean Basin after the Multifibre Arrangement . [Trad. ¿Una Estrategia de Desarrollo Aclarada? Una Asamblea de Prenda en la Cuenca Caribeña después el Acuerdo Multifibra ] Bulletin of Latin American Research, 2006 vol. 25 no. 2 p. 264-281. Keywords:
| Central America | Caribbean

Abstract:

The purpose of this article is to assess the likely impact of the ending of the Multifibre Arrangement (MFA) on garment assembly in the Caribbean Basin. Over the last fifteen years or so garment assembly has come to represent one of the region's few economic 'success stories' and has accordingly helped to offset the loss of export revenue from traditional commodities such as coffee and sugar. With the ending of the MFA on 1 January 2005, however, the long-term viability of this trade has been thrown into doubt. This article thus seeks to assess the prospects for continued garment assembly in the Caribbean Basin against the backdrop of these developments.

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