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Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas is the essential reference guide for companies trading with Latin America and the Caribbean or wishing to use a country in the region as an export platform. This work fills the void in academic texts that are used to teach courses on economic integration in the Western Hemisphere. It provides a road map for the Obama Administration to launch an ambitious project designed to encourage economic growth, promote energy security, and reduce harmful greenhouse gas emissions, while at the same time realistically meeting the development needs of Latin America and the Caribbean. Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas posits that the myopic focus of past United States administrations on free markets to spur economic development in the Western Hemisphere is not enough. A bolder and more ambitious project that also seeks to redress many of the deep-seated problems that have long plagued the region is required. The Community of the Americas proposed in this book rests upon the important work that has already been done at the sub-regional level in terms of economic and political reform, identifying infrastructure and human capital needs, and regulating migration. It provides a new and cohesive vision for U.S. policy in Latin America and the Caribbean.
"Agricultural Trade Liberalization investigates key issues in the Western Hemisphere, including potential scenarios for liberalization at the regional and multilateral levels, the effects of U.S. and European Union agricultural policies on trade, and the outcomes that a Free Trade Area of the Americas and a European Union-Mercosur trade agreement might have on agricultural trade flows. The book also examines the impact of sanitary and phytosanitary measures and biotechnology on agricultural trade, integration of sugar and dairy markets in the Americas, and a comparison of agri-food industries in the United States and Brazil. Finally, the book provides and overview of agricultural liberalization in the U.S.-Central American Free Trade Agreement and suggests a food security typology to be utilized by the World Trade Organization."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved
Analyzing the experience of Mexico under the North American Free Trade Agreement (NAFTA), 'Lessons from NAFTA' aims to provide guidance to Latin American and Caribbean countries considering free trade agreements with the United States. The authors conclude that the treaty raised external trade and foreign investment inflows and had a modest effect on Mexico's average income per person. It is likely that the treaty also helped achieve a modest reduction in poverty and an improvement in job quality. This book will be of interest to scholars and policymakers interested in international trade and development.
This book examines the Free Trade Area of the Americas (FTAA), an ambitious venture in regional market integration which builds on the principles of the North American Free Trade Agreement. It assesses the long-term corporate and public policy measures to cope with the increased monetary, fiscal and structural interdependence that will be required if the benefits of the FTAA are to be realized. The contributors suggest that with enlightened US leadership and the cooperation of Brazil, Mexico and Argentina, the FTAA could eventually match the EU in the world economy and as a multilateral leader. Initiatives to promote a culture of relational cooperation in a system of liberalized global commerce are stressed. In Latin America, there is an urgent need for such cooperation in order to enhance the region s lackluster growth rate and reduce the occurrences and severity of financial crises. The United States, Canada and Mexico will also benefit from the development of dynamic structural links with their regional neighbours. The authors highlight the importance for US policy initiatives to be complemented by constructive and harmonious corporate collaborations. This spirit of alliance capitalism will help ensure the FTAA promotes social justice as well as economic efficiency. This fully integrated volume, written by leading specialists in the field, will become an indispensable source for analysis of the prospects and role of the FTAA in the global economy. It will be warmly welcomed by informed readers such as international business experts, bankers, corporate executives, economists dealing with fiscal and monetary integration, and those interested in Latin American business.
Latin America is looking towards China and Asia -- and China and Asia are looking right back. This is a major shift: for the first time in its history, Latin America can benefit from not one but three major engines of world growth. Until the 1980s ...
This volume focuses on one of the most innovative deep integration constructs, The Pacific Alliance, which aims at expanding the frontiers of trade and investment governance in Latin America. It draws on a conference held at Externado University in Bogota, Colombia, in November 2015, bringing together leading scholars, practitioners and officers of public, regional and international organisations interested in a critical analysis of the Alliance, its distinctiveness and likely future directions. The volume features contributions from the multi-disciplinary lens of law, political science and economics. The Pacific Alliance, comprising Chile, Colombia, Mexico and Peru, aims through a participatory and consensual manner to promote the free circulation of goods, services, capital and persons among its members, and to secure deep economic integration through collaboration across a broader set of policy areas than typically obtains in more traditional preferential trade agreements. This volume is of interest to policy makers and staff of international organizations involved in trade and investment negotiations, international economic governance in general as well as faculty, researchers and graduate students of these topics and of international political economy and comparative regionalism.
The proposed North American Free Trade Agreement (NAFTA) represents a historic change in relations among Canada, Mexico, and the United States. The effect of the agreement on the three economies has generated controversy and some degree of alarm within each country. In this book, noted trade and development experts review the available literature on the effects of NAFTA on the three member countries and the world trading system. They evaluate how NAFTA will affect areas such as economic growth, employment, income distribution, industry, and agriculture in Canada, Mexico, and the United States; and consider the significance the trade agreement holds for the rest of the world. Drusill K. Brown begins the discussion by providing an overview and comparison of the general results from recent studies. Raúl Hinojosa-Ojeda and Sherman Robinson explore in greater detail the potential effects of NAFTA on wages and employment in Mexico and the United States. Sidney Wintrab reviews industry-specific effects of NAFTA, in particular, the environment, the social agenda, and human rights and democracy. Finally, Carlos Alberto Primo Braga considers the implications of NAFTA on the rest of the world. Following each of these chapters, international scholars assess the alternatives and provide recommendations for future research.