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...

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...

The benefits of the FTAA to Latin American countries will materialize through two channels: improved access to the region's markets, and enhanced growth prospects through the strengthening of basic economic institutions. Furthermore, the importance of these negotiations is heightened by the fact...

The interest of specific Latin American economies in the successful completion of the Free Trade Area of the Americas (FTAA) negotiations is very heterogeneous. A list of relevant factors to explain such divergences would include geographic orientation of trade, composition of exports, degree of...

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...

The Institute for the Integration of Latin America and the Caribbean (INTAL) has inaugurated a Working Papers Series with the publication of a study by Uziel Nogueira, the Institute's Economist. Entitled "The Integration Movement in the Caribbean at the Crossroads: Towards a New Approach to...

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...

The decade of the 1990s has witnessed a wave of regional integration initiatives in Latin America: more than 14 agreements -free trade areas or customs unions- since 1990 with a handful more in varying degrees of negotiation (see Table 1). However, this was not just a Latin American phenomenon,...

This paper briefly discusses some of the issues that must be grappled with when analyzing the impact that the North American Free Trade Agreement (NAFTA) has had -and will have in the future- on the Mexican economy. Although discussion concentrates on the evolution of Mexico¿s economy and...

The greater openness of developing countries¿ economies and the free trade agreements negotiated in recent years have spurred arguments in favor of greater integration in the world; they have also given rise to strong opposition. In some cases the opposition stems from the reaction of specific,...