[PDF] Latin American And Caribbean Trade Agreements eBook

Author : Thomas Andrew O'Keefe
Publisher : BRILL
Page : 517 pages
File Size : 18,13 MB
Release : 2009
Category : Law
ISBN : 900416488X

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Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas is the essential reference guide for companies trading with Latin America and the Caribbean or wishing to use a country in the region as an export platform. This work fills the void in academic texts that are used to teach courses on economic integration in the Western Hemisphere. It provides a road map for the Obama Administration to launch an ambitious project designed to encourage economic growth, promote energy security, and reduce harmful greenhouse gas emissions, while at the same time realistically meeting the development needs of Latin America and the Caribbean. Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas posits that the myopic focus of past United States administrations on free markets to spur economic development in the Western Hemisphere is not enough. A bolder and more ambitious project that also seeks to redress many of the deep-seated problems that have long plagued the region is required. The Community of the Americas proposed in this book rests upon the important work that has already been done at the sub-regional level in terms of economic and political reform, identifying infrastructure and human capital needs, and regulating migration. It provides a new and cohesive vision for U.S. policy in Latin America and the Caribbean.

Author : Nadia Rocha
Publisher : World Bank Publications
Page : 342 pages
File Size : 35,48 MB
Release : 2022-09-13
Category : Business & Economics
ISBN : 1464818428

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Globally, greater integration in international trade and global value chains (GVCs) has been linked to increased GDP per capita and productivity. Latin American and Caribbean (LAC) countries have displayed limited trade openness and weak integration into GVCs. Their trade is roughly one-third of GDP on average, compared with one-half in countries in Europe and Central Asia, as well as East Asia and the Pacific—and that share has not grown since 2000. Although the gaps between potential and actual GVC integration are the result of economic fundamentals—such as geography, market size, institutions, and factor endowments—policy choices matter as well. The region has untapped potential in trade and GVCs to grow in the wake of COVID-19 (coronavirus). Deep trade agreements are reciprocal agreements between countries that seek integration of goods, services, and factors’ markets, or deep integration. Drawing on new data and evidence, Deep Trade Agreements: Anchoring Global Value Chains in Latin America and the Caribbean shows that these agreements can drive policy reforms that can help the region overcome some of its disadvantageous fundamentals. Four areas of deep integration—trade facilitation, regulatory cooperation, services, and state support—are priorities to improve the participation of countries in the region in GVC: 1. Facilitating trade can reduce border delays and ease the challenges caused by the remoteness of some countries. 2. Improving regulatory cooperation can help create larger regional markets by reducing the costs of nontariff measures. 3. Opening the service economy can compensate for factor endowment scarcity and facilitate access to skills and technology. 4. Fostering competition and regulating state support and state-owned enterprises can improve the quality of economic institutions. These areas are increasingly important as global trade tensions persist and economies recover from the COVID-19 pandemic. In these times of uncertainty and upheaval, the policy commitments in deep trade agreements can create a more stable institutional environment to promote the ability of countries to participate in GVCs and to reap the benefits of integration. This work is a product of the regional studies program sponsored by the Latin America and the Caribbean Chief Economist’s Office.

Author : Luis Serven
Publisher : World Bank Publications
Page : 432 pages
File Size : 46,41 MB
Release : 2004-11-15
Category : Political Science
ISBN : 0821383744

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Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.

Author : D. Tussie
Publisher : Springer
Page : 232 pages
File Size : 35,69 MB
Release : 2002-11-25
Category : Business & Economics
ISBN : 1403918589

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Latin America has a pivotal role to play in international trade negotiations. This book focuses on the key issues for Latin American countries' participation in trade negotiations on the shifting ground of expanding trade agendas, diversifying negotiation fora and emerging coalitions. Through analysis of the management of sectors, the management of competition and conflict and the interplay of interests and coalitions, Diana Tussie and a team of local and international experts unravel the strands of the complex web of trade negotiations.

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
Page : 56 pages
File Size : 49,21 MB
Release : 2017-03-10
Category : Business & Economics
ISBN : 1475586019

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This cluster report takes stock of and explores opportunities for trade integration in Latin America and the Caribbean (LAC). Drawing on a set of 12 analytical studies that will be issued as working papers, the report examines the determinants of trade, explores the potential to enhance LAC’s trade integration, and assesses the associated economic and social effects. To deepen understanding of the region’s policy options and trade strategies, the report also incorporates the views of LAC country authorities based on responses to a survey. This provides an opportunity to examine the alignment of recommendations based on the analytical findings with the region’s current trade policy priorities, with the caveat that the survey was conducted between late 2015 and mid-2016, prior to the most recent developments in the global trade landscape.

Author : Xiaodan Ding
Publisher : International Monetary Fund
Page : 44 pages
File Size : 11,45 MB
Release : 2017-03-09
Category : Business & Economics
ISBN : 1475585586

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This study analyzes composition of goods trade in Latin America and the Caribbean (LAC) along four main dimensions: revealed comparative advantage, product complexity, sophistication, and diversification. After describing some key trade patterns over the last half century, it compares the findings for LAC with other regions. Second, the study investigates how infrastructure quality, education, and tariff levels affect export composition. Third, using an approach based on product proximity, it aims to predict changes in LAC’s future composition of exports. The study concludes that policies to upgrade human capital and infrastructure are essential for increasing LAC’s export share in high-skill products.

Author : J. Humberto Lopez
Publisher : World Bank Publications
Page : 461 pages
File Size : 37,83 MB
Release : 2011-06-21
Category : Business & Economics
ISBN : 082138712X

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The main message of the study is that Central America's ability to exploit the opportunities created by ongoing trade liberalization will depend on the ability of the region to implement a complementary policy agenda that creates an enabling policy and institutional environment.

Author : United States. Congress. House. Committee on International Relations. Subcommittee on the Western Hemisphere
Publisher : Amicus
Page : 108 pages
File Size : 48,77 MB
Release : 2005
Category : Business & Economics
ISBN :

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Amicus Readers at level 1 include: a picture glossary, a table of contents, index, websites, and literacy notes located in the back of each book. Additionally, content words are introduced within the text supported by a variety of photo labels. In particular, this title describes how magnets work and gives examples of everyday uses of magnets. Includes experiments.

Author : Michael Michaely
Publisher :
Page : pages
File Size : 31,12 MB
Release : 1999
Category :
ISBN :

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March 1996 As a rule, preferential trade agreements between countries in Latin America and the Caribbean will probably be far less meaningful than they are in Europe or even than they are in the Asia-Pacific region. But most Latin American countries would benefit from such an agreement with the United States. In the past decade a sea change has taken place in trade policies in Latin America: within a few years, most of the region's economies have changed from restrictive to open policies. But unlike trade liberalization in Europe, most trade barriers in Latin America have been reduced unilaterally. Recently bilateral or multilateral agreements have been considered, especially preferential trade agreements within the region. Michaely evaluates the relevance and desirability of multilateral free trade agreements (such as NAFTA) for the Latin American continent and the Caribbean, with an emphasis on how they affect trade flows. Is a preferential trade agreement among some Latin American countries more or less likely to be meaningful than others -- important in intensity of impact, or beneficial, or both? The evidence strongly suggests little likelihood that these agreements will succeed in Latin America. Paradoxically, the intense liberalization in recent years has made it less likely that such agreements would be beneficial -- except possibly for agreements between some countries and Brazil, Mexico, or (to a lesser extent) Argentina. When the level of tariffs and nontariff barriers is already low, a preferential agreement is more likely to have an adverse impact than a beneficial one (although in any case only a slight impact). Between countries, the patterns of exports and imports are similar, suggesting a potential for trade diversion. Most countries would benefit from a preferential trade agreement with the United States, however. And U.S. agreements with blocks of Latin American countries are no more beneficial to those countries than are U.S. agreements with individual countries. This paper is a product of the Office of the Chief Economist, Latin America and the Caribbean Regional Office. The study was funded by the Bank's Research Support Budget under research project Trade Creation and Trade Diversion in Latin America (RPO 679-38).

Author : Jerry Rosenberg
Publisher : Bloomsbury Publishing USA
Page : 574 pages
File Size : 44,44 MB
Release : 1994-11-22
Category : Business & Economics
ISBN : 0313032823

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As the prime force behind trade throughout the Western Hemisphere, the United States is emerging with two trade projects--the newly-signed North American Free Trade Agreement and the projected New American Community. This volume provides a clear, concise guide to all aspects of the 5-volume NAFTA accord, its side agreements, and the unfolding New American Community. It covers specific issues, rationalizations, ideologies, controversies, and recommended actions. With special emphasis on the North American Free Trade Agreement, the volume will provide a major resource for both academics and decision makers in industry and government. Written by a leading authority on U.S. Latin American trade, the volume includes entries, arranged alphabetically, on NAFTA and other trade-related topics. The NAFTA entries are based on the five-volume treaty or official government and nongovernmental publications. Since the New American Community is still emerging, the non-NAFTA entries are interpolations from past trade accords and existing nationwide agreements or ideas based on global concepts and directives, especially the European Union.