Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean

Despite the recovery in intraregional trade over the past three years, intra-group trade, that is trade within the Southern Common Market (MERCOSUR), the Andean Community (CAN) and the Central American Common Market (CACM), remains much weaker than that observed within similar groups in other region...

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Otros Autores:	NU. CEPAL. División de Comercio Internacional e Integración
Formato:	Texto
Lenguaje:	English
Publicado:	ECLAC 2014
Materias:	INTEGRACION ECONOMICA COMERCIO INTRARREGIONAL ARREGLO DE CONTROVERSIAS BARRERAS NO ARANCELARIAS ECONOMIC INTEGRATION INTRAREGIONAL TRADE DISPUTE SETTLEMENT NON-TARIFF BARRIERS
Acceso en línea:	http://hdl.handle.net/11362/36279
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id	oai-11362-36279
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spelling	oai-11362-362792021-11-05T10:54:21Z Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean NU. CEPAL. División de Comercio Internacional e Integración INTEGRACION ECONOMICA COMERCIO INTRARREGIONAL ARREGLO DE CONTROVERSIAS BARRERAS NO ARANCELARIAS ECONOMIC INTEGRATION INTRAREGIONAL TRADE DISPUTE SETTLEMENT NON-TARIFF BARRIERS Despite the recovery in intraregional trade over the past three years, intra-group trade, that is trade within the Southern Common Market (MERCOSUR), the Andean Community (CAN) and the Central American Common Market (CACM), remains much weaker than that observed within similar groups in other regions of the world. This weakness is due essentially to the serious lack of complementarity in the process of eliminating tariff barriers (see chapter 3 of Latin America and the Caribbean in the World Economy 2004: Trends 2005, and the study on regional integration entitled: "América Latina y El Caribe: La integración regional en la hora de las definiciones", which is due to be published shortly and which updates basic information for the year 2005). The reasons include (a) weak institutional capacities; (b) the lack of macroeconomic coordination; (c) inadequate infrastructure and d) the lack of depth in integration-related trade disciplines. This edition of the Bulletin reviews the mechanisms for dispute settlement within Mercosur, the Andean Community and CACM with a view to drawing conclusions on the extent to which they are used. In order to reform such mechanisms, consideration should be given to the creation of a single dispute settlement mechanism which would replicate the procedures and regulations of the World Trade Organization (WTO). 2014-03-20T01:31:27Z 2014-03-20T01:31:27Z 2006-03 Texto Documento Completo http://hdl.handle.net/11362/36279 en FAL Bulletin 235 application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN ECLAC
institution	Cepal
collection	Cepal
language	English
topic	INTEGRACION ECONOMICA COMERCIO INTRARREGIONAL ARREGLO DE CONTROVERSIAS BARRERAS NO ARANCELARIAS ECONOMIC INTEGRATION INTRAREGIONAL TRADE DISPUTE SETTLEMENT NON-TARIFF BARRIERS
spellingShingle	INTEGRACION ECONOMICA COMERCIO INTRARREGIONAL ARREGLO DE CONTROVERSIAS BARRERAS NO ARANCELARIAS ECONOMIC INTEGRATION INTRAREGIONAL TRADE DISPUTE SETTLEMENT NON-TARIFF BARRIERS Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
description	Despite the recovery in intraregional trade over the past three years, intra-group trade, that is trade within the Southern Common Market (MERCOSUR), the Andean Community (CAN) and the Central American Common Market (CACM), remains much weaker than that observed within similar groups in other regions of the world. This weakness is due essentially to the serious lack of complementarity in the process of eliminating tariff barriers (see chapter 3 of Latin America and the Caribbean in the World Economy 2004: Trends 2005, and the study on regional integration entitled: "América Latina y El Caribe: La integración regional en la hora de las definiciones", which is due to be published shortly and which updates basic information for the year 2005). The reasons include (a) weak institutional capacities; (b) the lack of macroeconomic coordination; (c) inadequate infrastructure and d) the lack of depth in integration-related trade disciplines. This edition of the Bulletin reviews the mechanisms for dispute settlement within Mercosur, the Andean Community and CACM with a view to drawing conclusions on the extent to which they are used. In order to reform such mechanisms, consideration should be given to the creation of a single dispute settlement mechanism which would replicate the procedures and regulations of the World Trade Organization (WTO).
author2	NU. CEPAL. División de Comercio Internacional e Integración
author_facet	NU. CEPAL. División de Comercio Internacional e Integración
format	Texto
title	Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
title_short	Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
title_full	Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
title_fullStr	Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
title_full_unstemmed	Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean
title_sort	reducing legal uncertainty: a challenge for subregional integration in latin america and the caribbean
publisher	ECLAC
publishDate	2014
url	http://hdl.handle.net/11362/36279
_version_	1718443024578510848

Reducing Legal Uncertainty: A Challenge for Subregional Integration in Latin America and the Caribbean

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