Chile and its "lateral" trade policy
Includes bibliography
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| Lenguaje: | English |
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2014
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oai-11362-106782020-11-25T22:58:09Z Chile and its "lateral" trade policy Sáez, Sebastián Valdés, Juan Gabriel ACUERDOS ECONOMICOS NEGOCIACIONES COMERCIALES POLITICA DEL COMERCIO EXTERIOR ECONOMIC AGREEMENTS FOREIGN TRADE POLICY TRADE NEGOTIATIONS Includes bibliography This article looks at the bases, objectives and results of the "lateral" trade policy adopted by Chile in the 1990s. In particular, it seeks to give a clearer idea of the role of bilateral agreements and to incorporate into the discussion the empirical evidence observed in the case of Chile. It concludes that the criticisms levelled at this policy, especially by those who advocate unilateral trade openness rather than other options, are based on an incomplete analysis of basic international trade theory. It is therefore argued that the economic concepts taken into account in evaluating the economic and political rationality of this strategy must be expanded to acknowledge the complementarity of the available options and incorporate analysis of game theory, the existence of economies of scale, the transaction costs existing in the functioning of international markets, and foreign policy elements. Through this multidimensional strategy, Chile has sought to overcome various problems and to stimulate the areas of its economy which have been most dynamic in the 1990s: exports of products with greater added value, services and capital. By traditional standards of appraisal, the results obtained do not reflect any negative impacts but they do show positive effects. 2014-01-02T18:42:20Z 2014-01-02T18:42:20Z 1999-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10678 LC/G.2055-P en CEPAL Review CEPAL Review 67 application/pdf CHILE CHILE |
| institution |
Cepal |
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Cepal |
| language |
English |
| topic |
ACUERDOS ECONOMICOS NEGOCIACIONES COMERCIALES POLITICA DEL COMERCIO EXTERIOR ECONOMIC AGREEMENTS FOREIGN TRADE POLICY TRADE NEGOTIATIONS |
| spellingShingle |
ACUERDOS ECONOMICOS NEGOCIACIONES COMERCIALES POLITICA DEL COMERCIO EXTERIOR ECONOMIC AGREEMENTS FOREIGN TRADE POLICY TRADE NEGOTIATIONS Sáez, Sebastián Valdés, Juan Gabriel Chile and its "lateral" trade policy |
| description |
Includes bibliography |
| format |
Texto |
| author |
Sáez, Sebastián Valdés, Juan Gabriel |
| author_facet |
Sáez, Sebastián Valdés, Juan Gabriel |
| author_sort |
Sáez, Sebastián |
| title |
Chile and its "lateral" trade policy |
| title_short |
Chile and its "lateral" trade policy |
| title_full |
Chile and its "lateral" trade policy |
| title_fullStr |
Chile and its "lateral" trade policy |
| title_full_unstemmed |
Chile and its "lateral" trade policy |
| title_sort |
chile and its "lateral" trade policy |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/10678 |
| work_keys_str_mv |
AT saezsebastian chileanditslateraltradepolicy AT valdesjuangabriel chileanditslateraltradepolicy |
| _version_ |
1718435517259841536 |