Esta edición de la Revista Integración & Comercio está dedicada a examinar los factores determinantes y las implicancias de la fragmentación internacional de la producción, desde el punto de vista de América Latina y el Caribe. Gracias a una serie de contribuciones de expertos en este...

This paper examines the role of contracting institutions on the insertion of developing countries in international production networks and particularly on the prospects of LAC to source goods beyond the region's traditional patterns of specialization. We show that LAC's insertion in global...

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...

We investigate whether greater microeconomic flexibility facilitates the process of creative destruction in the context of new trade models with heterogeneous firms (Bernard et al., 2003 and Melitz, 2003). In these models, freer trade increases aggregate productivity because high-efficiency...

This Technical Note seeks to argue that Chile's trade and integration agenda does not lend itself to the traditional kind of policy advice usually given throughout Latin America. Protection is low and uniform, institutions that govern trade policy are strong and well protected from capture by...

This paper examines the growth experiences of Argentina, Brazil, Chile, Paraguay and Uruguay (Southern Cone countries). The analysis sheds light on the strengths and weaknesses of long-run growth of these countries by identifying similarities and differences with other countries and assesses...

This presentation argues that trade policy in the region has been too focused on removing tariffs, to the detriment of trade facilitation, particularly in transportation. It explores the impact of transport costs on trade in Latin America and the Caribbean, and argues that transport costs have...

Chile es pionero en la liberalización del comercio internacional en América Latina y el Caribe. Su actual política de comercio exterior se asemeja en la mayor medida posible a las recomendaciones teóricas, pero en la lista pendiente subsisten cuestiones que probablemente contribuirán en...

In order to analyze how satisfactory the growth process in Latin America has been over the past 40 years it is important to make relevant comparisons with other experiences. To tackle this issue, the authors focus on the per capita economic growth rate and its contributing factors, comparing the...

There is a general perception that Mexico's insertion in global supply chains has been mostly in assembly operations and that efforts should be made to incorporate additional domestic value in the international production networks in which the country participates. To examine this issue properly...