The recent collapse of the Doha round once again underscores the tenuous nature of
international trade negotiations. Likewise, the Economic Partnership Agreement (EPA) between
the CARIFORUM grouping and the European Union (EU) has generated a great deal of
discussion and debate over the past several months. What has clearly emerged is the existence
of two diametrically opposed views on the impact and usefulness of the agreement. One view
has it that the EPA is a major breakthrough in trade relations that will greatly benefit the region.
On the other hand, some see it as being detrimental to th…
This document is part of an effort to take inventory of the current state of ICT (Information and Communications Technologies) statistics in Latin American and Caribbean countries, particularly in National Statistic Offices (NSOs). In this study fifteen countries are investigated regarding three sources of information: Internet research, e-mails and phone calls and through the meta-data questionnaire Status of information society statistics in National Statistic Offices, applied to NSOs of Latin America and the Caribbean during August 2004 in the frame of OSILAC. The effort concluded with a wo…
Abstract Trade between the Central American Common Market (CACM) and the Caribbean Community (CARICOM) is very low. Only 0.2% of the two groups' trade is between them. A possible explanation for this might be a supposed lack of adequate transport services. This report analyzes if there exists a potential to promote inter-subregional trade by improving transport services. It is found that in fact there does not exist a lack of direct services. 17% of services that call in one of the subregions also call in the other. In addition, due to the increase in transshipment services, a…
Because international trade is essential for the Republic of Korea’s economic growth and development, the government actively promotes exports by large companies and especially by small and medium-sized enterprises (SMEs). Several programmes support participation by SMEs in cross-border e-commerce, which may have contributed to their rapidly rising exports through this channel. This report reviews selected programmes implemented by the Korea SMEs and Startups Agency (KOSME) and the Korea Trade-Investment Promotion Agency (KOTRA). To maximize the programmes’ impact, KOSME and KOTRA apply a circ…
Developing Asia and Latin America and the Caribbean are becoming the world's new growth poles. Economies in Developing Asia, led by the People's Republic of China, are growing three times as fast as the industrialized countries. Latin America and the Caribbean weathered the international crisis with remarkable resilience and emerged from it sooner and more strongly than the developed economies. In the coming years, the industrialized economies will continue to face complex challenges, in particular the need to control and gradually rein in the fiscal deficit and public debt in a cont…
Tariffs and non-tariff barriers having been reduced, the international community seeks to lower other trade transaction costs that are greater in developing countries. As a fruit of the effort, the WTO launched Aid for Trade (AfT) initiatives in 2005. Due to the considerable amount of AfT, there have been discussions on its effectiveness. This study continues the debate by analyzing the impact of AfT on reducing the cost and time to trade in 30 Latin American and Caribbean countries, where 10% of AfT is destined, for the period between 2004-2010, deploying a panel data fixed-effects model.…
AbstractUsing a GTAP CGE model/database, this paper assesses the possible effects of a free trade agreement (FTA); between the MERCOSUR and the European Union (EU);. The study takes into consideration the most important recent free trade agreements signed among the Latin American countries, as well as the latest European Union enlargements. With a 2004+ benchmark base scenario where tariffs were updated by the addition of information on trade agreements just signed by Latin American countries, two different policy simulations are addressed: (i); full liberalization, (ii); liberalization exclu…
The present paper addresses the Alberta oilfield experience and draws up a set of principles for strategic public-private alliances for innovation and export development considered useful for the Latin American countries. According to the authors the lessons to extract are not reduced to countries with abundant hydrocarbon resources, and may be also useful to broader applications as the development of innovation in resource based industries, the construction of strategic public-private alliances and consensus building, the royalty regime, the appropriate fiscal policy, securing investments in …
America is one of the priority areas of the Economic Commission for Latin America and the
Caribbean (ECLAC) of the United Nations and, in particular, of ECLAC Natural Resources and
Infrastructure Division (NRID).
Prepared as a contribution to the United Nations Development Account Project: “Facilitating the
Effective Integration of Developing Countries in the Global Economy through Aid for Trade
Schemes”, ROA 139-7, the present document presents the main activities, carried out by NRID for the
benefit of the landlocked developing countries since the adoption of the Almaty Programme of Action: …
During the last few decades, India’s trade with the Latin American and Caribbean (LAC) countries has grown substantially, especially in the area of Information Technology (IT) services. The definition of IT services now includes a plethora of IT-enabled services (ITeS) directed to specific sectors, including Agri-tech, Fin-tech, Health-tech, manufacturing and mining-based services, as well as e-commerce. This sector has attracted significant Indian investment in the region. Over the last decade, the share of the IT sector in total Indian Foreign Direct Investment (FDI) in the region has nearly…
In the late of 1990s, when use of the Internet began to spread to almost all of the activities undertaken by people and businesses around the world, Internet-based electronic commerce was expected to introduce revolutionary innovations in businesses, management and international trade. In particular, information-sharing with clients and the clients of clients, and coordination of business activities with trade partners based on shared information, or the so-called supply chain management (SCM), were expected to be introduced by firms in order to dramatically reduce business costs and establish…
Abstract As in other parts of the world, small- and medium-sized enterprises (SMEs) in Latin America are important generators of employment while contributing to establishing certain social as well as regional 'equilibria' in the development process within the country. However, SMEs in Latin America are much less 'export-oriented'than their East Asian counterparts. SMEs in Latin America tend to produce import substitutes and non tradables while manufactured exports are still produced by large firms in relativelycapital-intensive ways. In contrast, many East Asian SMEs are…
La edición 2008-2009 del Panorama de la inserción internacional de América Latina y el Caribe se divide en tres capítulos. En el capítulo I se analiza la coyuntura económica internacional con una mirada de mediano plazo. Se presta especial atención a las variables que más pueden modificar el escenario global y afectar la inserción internacional de las economías de América Latina y el Caribe. Como ejemplo de los cambios que está generando o acentuando la crisis cabe destacar la creciente importancia de las economías emergentes, con el consiguiente impacto sobre las corrientes comerciales de la…
11 Abr 2016, 05:30 - 15:00
|
Evento (Meetings and technical symposiums)
Debate on Korean policies and foreign cooperation initiatives in the areas of innovation and skills development as key components within creative economy policies, as well as Korean policies and foreign cooperation initiatives in the areas of Small and Medium Enterprises (SMEs) development and internationalization. Propose cooperation between the Republic of Korea and Latin America and the Caribbean in these areas.…
In this paper we estimate the fiscal implications of the free trade agreement signed between the United States of America and the five Central American countries of Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua. Of the five possible effects on fiscal revenue (direct, indirect, elasticity, substitution and induced), in this paper we estimate the first three. The fourth effect is most likely negligible, whereas the estimation of the fifth one would be plagued by uncertainty, so we do not attempt it here. We use comparative statics to estimate the impact. We find the adverse …
26 - 28 Mar
2012, 07:00 - 13:45
|
Evento (Meetings and technical symposiums)
This workshop organized jointly by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the University of Adelaide’s Institute for International Trade (IIT), with the generous financial support of the Australian Government’s Overseas Aid Program (AUSAid). The workshop, held at the ECLAC headquarters in Santiago from 26 to 28 March 2012, brought together experienced trade negotiators from Australia’s Department of Foreign Affairs and Trade (DFAT) and the eleven member countries of the Arco del Pacífico Latinoamericano group.…
The objective of this document is to analyse some of the main issues, effects and implications of the FTAA for Caribbean Community (CARICOM) economies. It also considers when relevant and for comparison purposes the cases of non-independent States. The document is divided into seven sections. Following the introduction, the second section describes, albeit briefly, the main issues that are found in the Free Trade Areas literature. The third section introduces the FTAA participants highlighting their economic and social disparities. The fourth section centers on the FTAA underlying principles …