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008 020129s2019 dcu o i00 0 eng
020 _a9781464815171
020 _z9781464815164
035 _a(The World Bank)211516
040 _aDJBF
_beng
_cDJBF
_erda
245 1 0 _aTrade Integration as a Pathway to Development?.
264 1 _aWashington, D.C. :
_bThe World Bank,
_c2019.
300 _a1 online resource (70 pages)
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _adata file
_2rda
520 3 _aAfter a period of rapid economic growth associated with high commodity prices, the Latin America andCaribbean region has again entered a phase of lackluster performance. Overall this slowdown seems moreself-inflicted than imported, and the outlook for the region is not encouraging either. A tepid exportresponse constrains the prospect of growing through external demand whereas limited fiscal space leaveslittle room to stimulate domestic demand. The outlook could deteriorate further if the internationalenvironment became less conducive.This report explores whether inward-looking development strategies could be one of the reasons for slowgrowth in Latin America and the Caribbean. Trade barriers are higher than in other developing regions, andwhile numerous preferential trade agreements have been signed, many of them are intra-regional. Thereport shows that South-North agreements are associated with increases in economic complexity andfaster economic growth than South-South agreements. It illustrates the point by assessing the economic,social, spatial and environmental impacts of two major: South-North agreements signed over the last year.
588 _aDescription based on print version record.
650 4 _aElasticity
_928906
650 4 _aGrowth
_928907
650 4 _aHousehold Income Inequality
_928908
650 4 _aInequality
_928909
650 4 _aLabor Force Participation
_928910
650 4 _aLabor Income Inequality
_928911
650 4 _aLatin America
_928912
650 4 _aSlowdown
_928913
650 4 _aTerms of Trade
_928914
650 4 _aUnemployment
_928915
776 0 8 _aPrint Version:
_z9781464815164
830 0 _aWorld Bank e-Library.
_928916
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/978-1-4648-1516-4
999 _c5406
_d5406