Working Paper Series: Special Edition of 2016 to 2018 Interns

• Extract the benefit of the currency union by capping the leakages amongst member states. In other words, avoid the present individual approach by harmonizing efforts towards attracting and harnessing the benefits of tourism activity as a union versus a per country approach. • In light of the findings of tourism arrivals having a stronger causal impact on the six independent ECCU countries’ economic growth than trade openness , then continued efforts need to be done in the tourism industry to bolster and diversify it.

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