This document discusses the impact of Free Trade Agreements (FTAs) and their effect on the pattern of trade. Specifically, this document addresses trade liberalization, preferential tariff liberalization, and obstacles to market access liberalization. This document is based on chapter 3 of the...

The centrifugal forces of economic globalization in the 1990's ran parallel with centripetal forces of regionalization. While seemingly pulling in opposite directions, the two forces reflected complementary dimensions of dynamic capitalist market development. The completion of the Uruguay Round...

There is a growing interest related to the theoretical analysis of Free Trade Agreements (FTAs). Nevertheless, there has been as yet very little empirical research on the topic, in particular, on the negotiating dynamics of these types of agreements. This paper attempts to make a contribution in...

The proliferation of free trade agreements around the world has accentuated the role of preferential rules of origin (RoO) in global companies¿ sourcing and investment decisions. However, there are few theoretical and practically no empirical analyses on the effects of RoO on foreign direct...

This document summarizes the Inter-American Development Bank (IDB) experience as one of the main sources of multilateral development financing in Latin America and the Caribbean. From 2000 to 2005, total financing for economic, social and institutional development projects amounted to US$38.7...

Rules of origin (RoO) are a central topic both in the Inter-Regional Association Agreement negotiations between the European Union (EU) and the Southern Common Market (Mercosur), and in the 34-country negotiations of the Free Trade Area of the Americas (FTAA). The purpose of this paper is to...

Las fuerzas centrífugas de la globalización económica en los años noventa circularon paralelas con las centrípetas de la regionalización. Aunque aparentemente parecían dirigirse en direcciones opuestas, las dos fuerzas reflejaban dimensiones complementarias del dinámico desarrollo del...

This paper takes seriously the recent claim made by Ethier [1998] that the "New Regionalism" reflects the success of the multilateral trading system, not its failure. In fact, the New Regionalism represents a qualitative departure of the old regionalism in several respects, in particular, its...

This paper assesses role played by export promotion institutions in shaping the extensive margin of Latin American and Caribbean countries' exports over the period 1995-2004. The authors find that the presence of offices of export promotion agencies abroad favors an increase in the number of...

En el curso de la Tercera Reunión de los Ministros de Hacienda de América y el Caribe celebrada en Lima el 28 de mayo de 2010, los presentes deliberaron sobre cómo reducir las brechas de integración regional y coincidieron en que la agenda de integración requiere de inversiones simultáneas...