This brief note presents some thoughts about the possible effects of the failure to renew the Andean Trade Preferences and Drug Eradication Act (ATPDEA); and its possible expiration this coming December 31. United States President, George W. Bush, asked his country's Congress to extend the validity of the trade preferences granted to the Andean countries under the ATPDEA. That news was welcomed and applauded by the Andean countries, which hailed this measure and promptly thanked the U.S. leader for his gesture.
Even so, it is evident that there are Congressmen in the United States who do …
Given the asymmetry in the levels of development and capacity which exist between the EU and
CARIFORUM States, the architects of the CARIFORUM-European Union (EU) Economic
Partnership Agreement (EPA)1 anticipated the need for review and monitoring of the impacts of
implementation. Article 5 and other provisions in the Agreement therefore specifically mandate that
monitoring be undertaken to ensure that the Agreement benefits a wide cross-section of the population
in member countries.
The paper seeks to provide a preliminary assessment of the impact of the EPA on
CARIFORUM countries. In so doin…
Using the results of seven nationally and regionally representative household surveys, this study analyzes the impact of trade liberalization on wage inequality through a channel in which applied tariffs, owing to the preferential margin given under numerous preferential trade agreements, would affect industry wage premiums during the 1992-2006 period in Chile. I find the skill premiums for high-skilled workers there to have decreased, especially after 2000; this circumstance is unlike that seen in most other Latin American countries or during Chile's initial reform period. The results of…
The study of CzechInvest, the leading and most prestigious investment and business development agency in the Czech Republic, seeks to describe and analyze the principles underlying the promotion of investment, restructuring and innovation in a country that has undergone a fundamental transformation of its economic, social and political operations in the last 18 years. The country is and interesting example for countries facing the challenges of growing openness to globalized markets and the need to restructure their international exchange patterns and institutional arrangements. The report sh…
There is a longstanding tradition of analyzing trade and growth in economics, going back to the discipline's founders. But for Latin America, the debate on the significance of this relationship has had much more than academic relevance. It has been one of the central components of the different approaches to development that have shaped the region's economic history, the other (closely related) component being the roles of the State and of the market in economic development. In Latin America, the dominant understanding of the relationship between trade and growth has evolved radicall…
This paper presents a discussion of the major methodological issues relating to some key studies assessing the employment effects of a particular PTA using different methodologies (General and Partial Equilibrium, Gravitational models, Micro simulations, Econometrics using panel data, etc.). In this line, the paper discusses an accounting model for decomposing the ex - post employment performance as related to Latin America Preferential Trade Agreements (PTAs), proposing this method to evaluate the Chile - Mexico PTA as an illustration. The paper defines a research agenda using an Employment e…
This paper examines the progress in the implementation of the CSME and what this has meant for the core (trade, investment, etc.); and functional aspects (foreign policy coordination, education, health and social development, etc.,); of integration. A tentative assessment is also made of the relevance of the current mode of integration in light of the opportunities and constraints of the international environment. The paper is divided into three sections. Section one provides a critical assessment of the implementation of the protocols and other aspects of the CSME. Section two evaluates the …
Presentation
The countries of the Latin American and Caribbean region have shown a keen
and lasting interest in mechanisms of economic development and public policies for its
promotion. This is a process in which ECLAC has been involved ever since it was founded
over half a century ago. Today, the debate on these issues continues against the backdrop
of a globalization process in which the remarkable dynamism of some dimensions
-especially its economic, financial and cultural aspects- contrasts with the
slow formation of an institutional network capable of coping with the increased
interdepend…
25 Oct 2023, 06:00 - 07:30
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Evento (Other events)
How is Japanese engagement with the region evolving to accommodate shifting global and regional conditions? What are the possibilities for enhanced Japan-Latin America cooperation on issues of shared concern, including food security, economic resilience, and the integrity of democratic institutions? In what sectors and countries has Japan’s involvement been most supportive of Latin America’s economic and political objectives to date, and can these examples be replicated in other parts of the region?…
En el presente libro se intenta encontrar respuestas a preguntas referidas al desarrollo agrícola que se repiten, con variaciones, en investigaciones y foros de políticas; por ejemplo, ¿cómo incrementar la competitividad de las agriculturas regionales, disminuyendo al mismo tiempo la inequidad social y la pobreza? ¿Cómo hacer más sostenible este proceso de desarrollo de la agricultura? ¿Cuáles son los esquemas institucionales más apropiados para impulsar el desarrollo agropecuario y del mundo rural? ¿Cuál es el rol de los actores sociales en las nuevas estructuras de gobernanza? Para responder…
Discusses the objectives behind export promotional policies, their methods, and the benefits to be derived. Describes, analyses and assesses export promotional polices in the case of CARICOM Caribbean economies. Examines the physical and institutional context, and instruments for export promotional policies, and the analyses their implications and
impact.…
Global antidumping activity peaked in 2001, with 366 petitions initiated world-wide, and rapidly diminished to just 163 cases in 2007. With the onset of the current major world-wide recession some observers feared that antidumping usage would climb dramatically; however while antidumping activity was up by 28% in 2008 (to 208 cases initiated, according to WTO statistics), the rise was not nearly commensurate with the financial distress, and new antidumping initiations for the first three quarters of 2009 -at 154 cases- are on pace to show little change for the full year compared to the previou…
Executive Summary The global economy is experiencing a recession, which originated in the United States and is affecting developed and developing economies alike. Between the second and third quarter of 2001, the United States GDP growth rate decreased from 2.6 per cent to 1.2 per cent. For the same period, the European Union's GDP growth rate declined from 2.4 per cent to 1.7 per cent. For Latin America and the Caribbean the growth will fall from 4 per cent in 2000 to 1 per cent in 2001. A central issue regarding the current recession is whether it will be short lived or rather …
The Economic Commission for Latin America and the Caribbean (ECLAC) headquarters in Port of Spainrecentlybrought together decision makers from Belize, Grenada and Trinidad and Tobago to examine the trade-related performance of Caribbean countries.
he basis for discussion was the ECLAC study entitled “Monitoring trade agreements: Improving export performance and promoting industrialization in the goods-producing economies of the Caribbean”. The study highlighted that the exports of Belize, Suriname, and Trinidad and Tobago are concentrated towards few markets, most notably the United Stat…
International experience shows that costfree replication and adoption of industrial best practices on a universal basis is a misconception. Rather, it is a matter of a progressive and reciprocal adaptation between external and local practices in which learning costs and times, as well as the need for public and private cooperation, are essential. The potential for convergence of policies, practices and institutions triggered by globalization appears to be greater at the macroeconomic than at the microeconomic level. This article examines such issues in a general way and then focuses on the di…
For most developing countries, open regionalism has emerged as quite a sensible response to the undergoing turbulent and asymmetric process of economic globalization. Moreover, the successful experience of the countries which are now part of the European Union, has made regional integration an increasingly attractive option for the developing world. Whenever regional integration is intended to go beyond merely a free trade agreement, macroeconomic coordination becomes a key issue. Theoretically, the underlying idea of the macroeconomic coordination is the interdependency between econo…
For many countries, the acceleration of integration into the global economy and multilateral trading system provides an opportunity to access a wider range of goods and services as well as export markets, increasing their economic incomes, and improving the welfare of the citizenry. In particular, preferential trade agreements tend to increase export market access opportunities for the agro-industrial products of developing countries.
While increased market access offers many opportunities for enhancing the economic growth of exporting countries, developing countries are often unable to seize…
This survey provides an overview of the macroeconomic performance of countries of the Caribbean Development and Cooperation Committee (CDCC) for the year 2006 and their outlook for 2007. The report consists of three chapters. The first one provides a regional analysis of the main economic indicators from a comparative perspective. The second chapter deals with two selected topics of particular relevance for the economic development of Caribbean countries, namely remittances and migration, and natural resources dependency. The last chapter presents country briefs with the main macroeconomic dev…