The book explores the impact of transport costs on trade in Latin America and the Caribbean, and argues that transport costs have assumed an unprecedented strategic importance to the region. The region can no longer rely solely on trade agreements, proximity, labor costs and an abundant supply...

Regional integration among asymmetric countries is a hot and burning policy topic worldwide. Deepening Integration in MERCOSUR analyzes the most important issues of economic integration and policy coordination that countries face as they advance towards deeper integration and are urged to...

Regional integration initiatives have long been part of the world economic landscape. In Latin America, integration flourished in the early post-war era but then lost momentum until the 1990s, when there was a new wave of initiatives ranging from free trade areas to customs unions. This Report...

The book looks into recent development and economic trends in India and their possible impact for Latin America and the Caribbean. The study argues that India has the potential to mirror the recent economic performance of China, which has become a major market for Latin American and Caribbean...

Trade, investment, and financial relationships between developing regions are deepening. There is no better example than the relationship between Asia and the Pacific on one hand, and Latin America and the Caribbean on the other. To capitalize on the vast potential for interregional cooperation,...

Este estudo, elaborado pelo Setor de Integração e Comércio do BID, propõe uma reformulação da agenda de comercial da América Latina e Caribe. Através de uma rigorosa análise empírica, procura trazer ao centro do debate os custos de transporte da região que tradicionalmente têm sido...

China's emergence has raised pointed questions about the future of manufacturing in Latin America. Once saw as its economic future, the viability of this activity in the region has long been challenged by traditional trade theory and, in practical terms, by at least three generations of Asian...

This document was presented in the Trade and Integration Network of the Regional Policy Dialogue for the 5th Hemispheric Meeting celebrated on August 14th and 15th, 2003. It covers a review of the links between trade and foreign direct investment (FDI) and total factor productivity (TFP). Also...

China's meteoric emergence in the last decade and its profound impact on the economic performance of Latin America and the Caribbean (LAC) has eclipsed the importance of the region's other Asian partners. Yet, LAC`s governments can only ignore them at their own peril. These countries remain a...

Most microeconometric studies available for LAC have focused on measuring the direct impact of trade on plant productivity leaving aside other effects that arise through the market selection process. Additionally, most studies have focused on tariff barriers as the only obstacle to international...