Export Processing Zones and Policy Competition for Foreign Direct Investment: The Caribbean ‘Offshore’ Development Model
Since the mid-1980s, the Caribbean has become an increasingly important export platform for US manufacturing firms seeking to reduce costs and offset competition by outsourcing the most labour-intensive aspects of the production process to local assembly factories, mostly located in specially designated export processing zones (EPZ).
KeywordsForeign Direct Investment Dominican Republic Exchange Rate Policy United Nations Industrial Development Organization Export Processing Zone
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