Network for Cooperation in Integrated Water Resource Management for Sustainable Development in Latin America and the Caribbean No. 43

Editorial remarks.-- Open discussion: Energy efficiency and economic regulation in water supply and sewerage services ; Policies and institutional frameworks for drinking water supply and sanitation.-- News of the network: The goal of food self-sufficiency of the countries of the cooperation council for de Arab States of the Gulf ; Narrowing the gaps in drinking water and sanitation: an opportunity for users ; Water Users'Organizations Act of Peru ; Commission for the Integrated management of the Tárcoles River Basin, Costa Rica ; Water and sanitation Management Unit in Panama.-- Courses: Course "Strategic aspects of irrigation".-- Internet and WWW news

Export competitiveness in an oil and gas economy: the case of Trinidad and Tobago, 1985-2010

The oil and gas sector has led the economy of Trinidad and Tobago since the late 1970s and, more pronouncedly, since 2000, accounting for a large share of gdp, total exports and tax revenue. Its prospects in the medium term could be negatively affected, however, if oil and gas extraction expands in other countries, and if the United States attains energy self-sufficiency. This paper offers an analysis of the evolution and competitiveness of its oil and non-oil exports to both the United States and global markets, based on the revealed comparative advantage (rca) index used by eclac. Other foreign trade indicators are also included to determine the structure of the country’s trading relations. The period from 1985 to 2010 is analysed and the results presented are intended to advocate the diversification of Trinidad and Tobago’s exports into more dynamic and diversified markets.