Integration in Latin America - Trends and Challenges

Regional trade agreements have had a significant presence in the design of international and productive policies in Latin American and Caribbean countries since the early 1950s. Fifty years later, the region has not reached the degree of economic inter-relation found, for instance, in Western Europe...

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Autor principal:	Baumann, Renato
Formato:	Texto
Lenguaje:	English
Publicado:	CEPAL, Oficina de Brasilia 2015
Materias:	INTEGRACION ECONOMICA ACUERDOS ECONOMICOS LIBRE COMERCIO ECONOMIC INTEGRATION ECONOMIC AGREEMENTS FREE TRADE
Acceso en línea:	http://hdl.handle.net/11362/37936
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spelling	oai-11362-379362020-03-06T16:50:27Z Integration in Latin America - Trends and Challenges Baumann, Renato INTEGRACION ECONOMICA ACUERDOS ECONOMICOS LIBRE COMERCIO ECONOMIC INTEGRATION ECONOMIC AGREEMENTS FREE TRADE Regional trade agreements have had a significant presence in the design of international and productive policies in Latin American and Caribbean countries since the early 1950s. Fifty years later, the region has not reached the degree of economic inter-relation found, for instance, in Western Europe, but the concern with promoting regional integration has been a tradition in an impressive amount of speeches and declarations by policy makers in the last decades. The weakening of multilateral negotiations and the multiplicity of bilateral agreements with countries in other regions might affect regional trade both via trade diversion and through investment decisions, considering a larger time horizon. International capital movement might affect exchange rates and output growth, hence influencing trade. At the same time the need for new, broader negotiating agenda, from simply dealing with trade issues to taking into consideration topics not directly related to trade but rather to competition, labour standards, environmental issues and others increase the difficulties in designing integration strategies. Even more so if the group of countries that aim at integrating their economies present markedly different characteristics. This article – an extension of a presentation made at the German Development Institute Conference on Regional Economic Integration Beyond Europe held in Bonn in December, 2007 - discusses these and other aspects related to regional integration in Latin America and the Caribbean. 2015-04-24T13:58:07Z 2015-04-24T13:58:07Z 2008-01 Texto Documento Completo http://hdl.handle.net/11362/37936 LC/BRS/R.190 en .pdf application/pdf AMERICA LATINA LATIN AMERICA CEPAL, Oficina de Brasilia
institution	Cepal
collection	Cepal
language	English
topic	INTEGRACION ECONOMICA ACUERDOS ECONOMICOS LIBRE COMERCIO ECONOMIC INTEGRATION ECONOMIC AGREEMENTS FREE TRADE
spellingShingle	INTEGRACION ECONOMICA ACUERDOS ECONOMICOS LIBRE COMERCIO ECONOMIC INTEGRATION ECONOMIC AGREEMENTS FREE TRADE Baumann, Renato Integration in Latin America - Trends and Challenges
description	Regional trade agreements have had a significant presence in the design of international and productive policies in Latin American and Caribbean countries since the early 1950s. Fifty years later, the region has not reached the degree of economic inter-relation found, for instance, in Western Europe, but the concern with promoting regional integration has been a tradition in an impressive amount of speeches and declarations by policy makers in the last decades. The weakening of multilateral negotiations and the multiplicity of bilateral agreements with countries in other regions might affect regional trade both via trade diversion and through investment decisions, considering a larger time horizon. International capital movement might affect exchange rates and output growth, hence influencing trade. At the same time the need for new, broader negotiating agenda, from simply dealing with trade issues to taking into consideration topics not directly related to trade but rather to competition, labour standards, environmental issues and others increase the difficulties in designing integration strategies. Even more so if the group of countries that aim at integrating their economies present markedly different characteristics. This article – an extension of a presentation made at the German Development Institute Conference on Regional Economic Integration Beyond Europe held in Bonn in December, 2007 - discusses these and other aspects related to regional integration in Latin America and the Caribbean.
format	Texto
author	Baumann, Renato
author_facet	Baumann, Renato
author_sort	Baumann, Renato
title	Integration in Latin America - Trends and Challenges
title_short	Integration in Latin America - Trends and Challenges
title_full	Integration in Latin America - Trends and Challenges
title_fullStr	Integration in Latin America - Trends and Challenges
title_full_unstemmed	Integration in Latin America - Trends and Challenges
title_sort	integration in latin america - trends and challenges
publisher	CEPAL, Oficina de Brasilia
publishDate	2015
url	http://hdl.handle.net/11362/37936
work_keys_str_mv	AT baumannrenato integrationinlatinamericatrendsandchallenges
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Integration in Latin America - Trends and Challenges

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