Revista de la CEPAL no.50

Regional integration in the 1990s

The renewed interest sparked by the potential for intraregional cooperation in Latin America and the Caribbean today has been reflected in numerous agreements regarding trade preferences and in attempts to establish free trade areas, customs unions or common markets. The possibility has even been discussed of setting up free trade arrangements on a hemispheric scale. This plethora of proposals inevitably raises a great many questions. What is the reason for this renewed interest? Are the differences between the schemes of today and those of the 1960s and 1970s significant enough to avert the o…

Trade liberalization in Latin America

A major shift has been observed in the development strategies of most of the Latin American countries in recent years. One sign of this change has been that the countries have increased the neutrality of their trade policy incentives in an effort to give greater priority to the market as a resource-allocation mechanism; it is also hoped that this will result in a more export-oriented production apparatus. The authors review these changes and, in assessing the results to date and the consistency of these policy packages, contend that their impact in terms of economic growth and changing product…

Market failure and technological policy

This article highlights the need to complement macroeconomic policies designed to secure stabilization, deregulation and greater openness with other macroeconomic and microeconomic measures aimed at revitalizing the growth and competitiveness of the countries of the region. At the national level, in terms of macroeconomic measures, it is necessary to increase domestic saving and channel it towards productive investments within the local context, while microeconomic policy should include measures to develop and consolidate in the countries an innovative, wide-ranging system for furthering chang…

CEPAL Review no.49

Revista de la CEPAL no.49

Informe anual de actividades de la subsede de la CEPAL en Mexico, 1992

Los subsidios via precios de productos agricolas (metodologia de equivalente de subsidios al productor, ESP), 1988-1991

The European economic and monetary union in the world economy; speech presented at the UN Economic Commission (CEPAL) in Santiago de Chile on March 23, 1993

Antidumping and countervailing duties in a Western Hemispheric free trade agreement