This study covers the impact of the emergence of China on Central American economies, with special emphasis on Guatemala and Honduras. The issue of the China¿s impact is generally approached from the standpoint of threats hovering over the economies of Central America (and of others in Region...

This study deals with the appropriate macroeconomic policies toward international capital flows. It argues that countries in a position to integrate themselves into world capital markets should develop specific policies to deal with capital flows. This paper first shows that foreign capital...

Liberalizing measures have been outnumbering by far the introduction of greater restrictions. However, the reports are silent on how liberal the policy regimes of individual countries really are and how they have been changing over time. This paper tackles this issue. The authors propose an...

The aim of the paper, based on empirical research in Brazil, is to investigate how supply chains have evolved over time, what factors have driven this evolution and also how a specific set of contractual practices along these chains is linked to access to international markets. The two selected...

This study is an effort to identify the process by which firms venture into GVCs and the obstacles faced by firms once they have been immersed in it. We have focused on two particular GVCs: the aerospace GVC and the software and IT services GVC. Through the case studies, we analyzed the nature...

This presentation discusses the effects of the Free Trade Area of the Americas (FTAA) on foreign direct investment (FDI). In particular, the inflow of FDI from the United States and Canada towards Latin American countries is discussed along with an analysis of the role of regional integration...

This study sheds light on how Costa Rica's insertion in global value chains occurs by examining governance patterns, the type of activities involved, and the level of underlying innovation in the selected value chain. The paper describes in detail two case studies of electronic-related companies...

In recent years, the People's Republic of China (PRC) has emerged as the largest recipient of foreign direct investment (FDI) in the world. Many analysts and government officials in the developing world have increasingly expressed concerns that they are losing competitiveness to PRC. Is PRC...

Understanding the drivers of international production fragmentation is an important issue for Latin American and Caribbean countries because participation in global production networks can help mitigate instability due to dependence on natural resources and can provide opportunities for further...

This paper discusses the series of far-reaching structural reforms that took place in the economies of Latin America and the Caribbean during the 1990's. This set of reforms generated increases in foreign trade (particularly exports) and higher foreign direct investment. However, the growth path...