Annual World Bank Conference on Development in Latin America and the Caribbean, 1997 : Trade, towards open regionalism: proceedings of a conference held in Montevideo, Uruguay /
Burki, Shahid Javed.
Annual World Bank Conference on Development in Latin America and the Caribbean, 1997 : Trade, towards open regionalism: proceedings of a conference held in Montevideo, Uruguay / Burki, Shahid Javed - 1 online resource (285 pages) - World Bank e-Library. .
This third Annual Bank Conference on Development in Latin America and the Caribbean (LAC) focuses on trade liberalization policy, specifically "open regionalism," a term coined to describe the fact that 1) regionalism has gone hand in hand with unilateral trade opening: statistics on tariff and non-tariff measures affecting imports show that protectionist policies have been dismantled in the major LAC countries during the last decade; 2) regionalism has gone hand in hand with a substantial liberalization of investment regimes: provisions, including national treatment provisions, in regional trading arrangements show that several LAC countries treat foreign direct investment on exactly the same footing as domestic investment; and 3) most LAC countries are willing to participate in building a hemispheric free-trade zone and have been active, pro-liberalization members of the World Trade Organization (WTO). Speeches emphasized the political returns from trade integration: reciprocal lock-in, alliances created among pro-reform factions, pro-integration movements across countries, civil society integration, more-likely peaceful settlements to disputes, and general advancement of harmony in the Western Hemisphere through atmospherics, through positive incentive structures, and through cross-country coalitions. Because these positive linkages are largely implicit and not unduly burdensome, they make regional integration consistent with convergence toward global trade integration.
082134272X 29.99 USD
10.1596/0-8213-4272-X
Economic Theory and Research
Emerging Markets
Free Trade
International Economics & Trade
Law and Development
Macroeconomics and Economic Growth
Private Sector Development
Public Sector Development
Trade Law
Trade Policy
Annual World Bank Conference on Development in Latin America and the Caribbean, 1997 : Trade, towards open regionalism: proceedings of a conference held in Montevideo, Uruguay / Burki, Shahid Javed - 1 online resource (285 pages) - World Bank e-Library. .
This third Annual Bank Conference on Development in Latin America and the Caribbean (LAC) focuses on trade liberalization policy, specifically "open regionalism," a term coined to describe the fact that 1) regionalism has gone hand in hand with unilateral trade opening: statistics on tariff and non-tariff measures affecting imports show that protectionist policies have been dismantled in the major LAC countries during the last decade; 2) regionalism has gone hand in hand with a substantial liberalization of investment regimes: provisions, including national treatment provisions, in regional trading arrangements show that several LAC countries treat foreign direct investment on exactly the same footing as domestic investment; and 3) most LAC countries are willing to participate in building a hemispheric free-trade zone and have been active, pro-liberalization members of the World Trade Organization (WTO). Speeches emphasized the political returns from trade integration: reciprocal lock-in, alliances created among pro-reform factions, pro-integration movements across countries, civil society integration, more-likely peaceful settlements to disputes, and general advancement of harmony in the Western Hemisphere through atmospherics, through positive incentive structures, and through cross-country coalitions. Because these positive linkages are largely implicit and not unduly burdensome, they make regional integration consistent with convergence toward global trade integration.
082134272X 29.99 USD
10.1596/0-8213-4272-X
Economic Theory and Research
Emerging Markets
Free Trade
International Economics & Trade
Law and Development
Macroeconomics and Economic Growth
Private Sector Development
Public Sector Development
Trade Law
Trade Policy