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"Integration and Trade"
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Asymmetries in regional integration and local development
This volume discusses frameworks for policies that can help offset the polarizing effects that may be generated by the asymmetrical distribution of the costs and benefits of integration into the global economy.
Latin America has responded to the challenges of globalization with a renewed interest in regional integration and by transferring more responsibility and resources to local entities. Integration initiatives can be important policy instruments that complement national and subnational policies. However, the distribution of costs and benefits of regional and global integration may be asymmetric. Certain regions or social groups may expand their opportunities, while those that are slower to adapt to the process may face divergent development paths. The absence of policy instruments to compensate for asymmetries may hamper social cohesion and generate a backlash against integration and participation in the global economy. This volume discusses the policy frameworks that could be adopted at the supranational, national and local levels to offset the polarizing effects that may be generated by the process of integration into the global economy.
eBook
China's and India's challenge to Latin America : opportunity or threat?
The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that certain manufacturing and service industries in some countries have been negatively affected by Chinese and Indian competition in third markets and that LAC imports from China and India have been associated with modest unemployment and adjustment costs in manufacturing industries. The book also provides substantial evidence of positive aggregate effects for LAC economies associated with China's and India's greater presence in world exports, financial flows, and innovation. Chinese and Indian growth is creating new production possibilities for LAC economies, particularly in sectors that rely on natural resources and scientific knowledge.
eBook
Natural resources, neither curse nor destiny
This volume studies the role of natural resources in development and economic diversification. It brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources.
eBook
Accelerating trade and integration in the Caribbean : policy options for sustained growth, job creation, and poverty reduction
Unlocking Caribbean Trade Potential: Policy Options for Growth and Poverty Reduction
Is the Caribbean ready to thrive in the global market? This World Bank Country Study offers a comprehensive analysis of trade and integration challenges and opportunities in the Caribbean, providing policy options for sustained growth, job creation, and poverty reduction.
Explore strategies for:
* Accelerating trade integration and improving competitiveness
* Addressing macroeconomic and structural constraints
* Leveraging the Economic Partnership Agreement (EPA)
* Capitalizing on a changing international environment
For policymakers, economists, and development practitioners seeking actionable insights to shape a more prosperous Caribbean future.
eBook
Regional trade integration in Central and Eastern Europe: State of play after 15 years of EU membership
Aim/purpose - The purpose of this paper is to analyze regional trade integration of 10 Central and Eastern Europe countries (CEE-10) during the 2004-2018 period, identify regional- and country-level integration patterns and attribute them to potential causes indicated by the literature. Design/methodology/approach - The paper employed literature-based trade integration indicators to data on CEE-10 trade in goods and conducted a review of empirical studies investigating trade integration determinants in CEE. Findings - The results evidence an advancing regional trade integration with decreasing pace in recent years. The study has found all CEE countries to be more integrated with the region. Moreover, several integration patterns have been distinguished. Research implications/limitations - The study found a significant literature gap concerning CEE regional trade integration and its determinants. Its limitations refer to: lack of product-groups-level trade data and narrow scope of trade flows (in goods only). Originality/value/contribution - The paper's value-added stems from a multi-perspective analysis of the CEE regional trade integration and a discussion of region- and country-level integration patterns.
Journal Article
Agricultural Trade Liberalization: Policies and Implications for Latin America
This book investigates key issues in regard to liberalization of agricultural trade 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 how a Free Trade Area of the Americas and a European Union-MERCOSUR trade agreement might affect agricultural trade flows. It also examines agricultural liberalization in the U.S.-Central America Free Trade Agreement and suggests a food security typology for use by the World Trade Organization.
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 an 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
Barbados
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to achieving the MDG targets. Viewed in this light, this book raises the question: Is Barbados the little island that can? The authors have approached that question mainly from the point of view of international competitiveness, one of the pillars, along with macroeconomic and financial stability, required for accelerated and sustained growth. Starting with a wide-ranging macroeconomic diagnosis, this monograph examines the strengths and competitiveness challenges facing Barbados from the points of view of the institutional and private sector constraints and environment for competitiveness, labour market conditions and trade policy framework and performance. It also narrows the focus to take a sectoral perspective, examining the leading tourism industry. To convey a sense of the public-policy complexities, the book also includes a brief analysis focusing on the agricultural sector.
eBook