Publication:
Challenges of CAFTA : Maximizing the Benefits for Central America

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dc.contributor.authorJaramillo, Carlos Felipe
dc.contributor.authorLederman, Daniel
dc.contributor.authorBussolo, Maurizio
dc.contributor.authorGould, David
dc.contributor.authorMason, Andrew
dc.date.accessioned2012-06-05T16:28:09Z
dc.date.available2012-06-05T16:28:09Z
dc.date.issued2006
dc.description.abstractThe report provides a preliminary assessment of DR-CAFTA (the Dominican Republic and Central American Free trade Agreement), with particular attention to three key themes: (1) expected trade and non-trade benefits, (2) actions that Central American countries need to pursue to capitalize optimally on the new opportunities, and (3) identification of the population groups that may require assistance to adapt to a more competitive environment. The Introductory Chapter reviews the main findings of the report. Chapter 2 places DR-CAFTA in the historical context of the economic reforms that Central America has been undertaking since the late 1980s. Chapter 3 provides a summary overview of the recently negotiated DR-CAFTA. Chapter 4 reviews various analyses that assess the potential impacts of DR-CAFTA in Central American countries. Chapter 5 focuses on the identification of potentially affected populations from the easing of trade restrictions in sensitive agricultural products and analyzes policy options to assist vulnerable groups. Chapter 6 reviews evidence related to key macroeconomic implications of DR-CAFTA, namely the potential revenue losses and effect on the patterns of business-cycle synchronization. Chapter 7 reviews evidence from each Central American country in the areas of trade facilitation, institutional and regulatory reforms, and innovation and education, in order to identify key priorities for the complementary agenda for DR-CAFTA.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/06/6965008/challenges-cafta-maximizing-benefits-central-america
dc.identifier.doi10.1596/978-0-8213-6444-4
dc.identifier.isbn978-0-8213-6444-4
dc.identifier.urihttps://hdl.handle.net/10986/7127
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC : World Bank
dc.relation.ispartofseriesDirections in Development, Trade
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURAL PRODUCTS
dc.subjectAGRICULTURE
dc.subjectAPPAREL
dc.subjectAPPAREL EXPORT
dc.subjectAPPAREL INDUSTRY
dc.subjectAPPAREL SECTOR
dc.subjectAPPAREL TRADE
dc.subjectAUTOREGRESSION
dc.subjectAVERAGE TARIFFS
dc.subjectBANKING SYSTEMS
dc.subjectBENCHMARKING
dc.subjectBILATERAL TRADE
dc.subjectBILATERAL TRADE AGREEMENTS
dc.subjectBRIBERY
dc.subjectBUSINESS CYCLE
dc.subjectBUSINESS CYCLE SYNCHRONIZATION
dc.subjectCENTRAL AMERICA
dc.subjectCIVIL SOCIETY
dc.subjectCOMMODITY TRADE
dc.subjectCOMMON MARKET
dc.subjectCONSTANT ELASTICITY OF SUBSTITUTION
dc.subjectCONSTANT ELASTICITY OF TRANSFORMATION
dc.subjectCONSUMERS
dc.subjectCUSTOMS
dc.subjectCUSTOMS PROCEDURES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIVERSIFIED EXPORTS
dc.subjectDOMESTIC FIRMS
dc.subjectDOMESTIC REFORMS
dc.subjectDUTY-FREE ACCESS
dc.subjectDYNAMIC GAINS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC STRUCTURE
dc.subjectECONOMICS RESEARCH
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITY
dc.subjectEQUILIBRIUM
dc.subjectEUROPEAN UNION
dc.subjectEXPANSION OF TRADE
dc.subjectEXPORT DIVERSIFICATION
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PROCESSING
dc.subjectEXPORT PROCESSING ZONE
dc.subjectEXPORT PROSPECTS
dc.subjectEXPORT VALUE
dc.subjectEXPORT VOLUMES
dc.subjectFACTOR PRICE
dc.subjectFINANCIAL SERVICES
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN TECHNOLOGIES
dc.subjectFOSTERING TRADE
dc.subjectFREE ACCESS
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectFREE TRADE AGREEMENTS
dc.subjectFREE TRADE AREA
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGENERAL AGREEMENT ON TARIFFS
dc.subjectGENERALIZED SYSTEM OF PREFERENCES
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROSS ENROLLMENT RATE
dc.subjectGROWTH
dc.subjectGROWTH RATES
dc.subjectIMPACT OF TRADE
dc.subjectIMPORT TAX
dc.subjectIMPORT TAXES
dc.subjectIMPORTS
dc.subjectINDUSTRY TRADE
dc.subjectINEFFICIENCY
dc.subjectINTEGRATION EFFORTS
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT LEVELS
dc.subjectINVESTMENT MEASURES
dc.subjectLEGAL STATUS
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMICS
dc.subjectMARKET ACCESS
dc.subjectNET EXPORTS
dc.subjectNONTARIFF BARRIERS
dc.subjectPOLICY PRIORITIES
dc.subjectPOLITICAL FACTORS
dc.subjectPOSITIVE EFFECTS
dc.subjectPREFERENTIAL MARKET ACCESS
dc.subjectPRELIMINARY ASSESSMENT
dc.subjectPRICE CHANGES
dc.subjectPROCESS OF ADJUSTMENT
dc.subjectPROTECTION LEVELS
dc.subjectPUBLIC POLICY
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectRECIPROCAL ACCESS
dc.subjectRECIPROCITY
dc.subjectREGIONAL AGREEMENTS
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL TRADE
dc.subjectREGIONAL TRADE INTEGRATION
dc.subjectREGULATIONS
dc.subjectREGULATORY REFORMS
dc.subjectREMOVAL OF TRADE BARRIERS
dc.subjectRESTRICTIVE RULES OF ORIGIN
dc.subjectRULES OF ORIGIN
dc.subjectSOCIAL PROTECTION
dc.subjectSTATIC GAINS
dc.subjectSUBSIDIARY RIGHTS
dc.subjectSYSTEM OF PREFERENCES
dc.subjectTARIFF CLASSIFICATION
dc.subjectTARIFF ELIMINATION
dc.subjectTARIFF PREFERENCE LEVEL
dc.subjectTARIFF RATES
dc.subjectTARIFF REDUCTION
dc.subjectTAX REVENUES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE
dc.subjectTRADE AGREEMENT
dc.subjectTRADE BARRIERS
dc.subjectTRADE DIVERSIFICATION
dc.subjectTRADE FACILITATION
dc.subjectTRADE FLOWS
dc.subjectTRADE IN SERVICES
dc.subjectTRADE INTEGRATION
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE OPENNESS
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE PREFERENCES
dc.subjectTRADE REFORMS
dc.subjectTRADE RESTRICTIONS
dc.subjectTRADE STRUCTURE
dc.subjectTRADE-RELATED INVESTMENT
dc.subjectTRADING PARTNER
dc.subjectTRANSITION PERIODS
dc.subjectTRANSPORT COSTS
dc.subjectUNEMPLOYMENT
dc.subjectUNILATERAL PREFERENCES
dc.subjectUNILATERAL TRADE
dc.subjectUNILATERAL TRADE LIBERALIZATION
dc.subjectUNSKILLED LABOR
dc.subjectVALUE ADDED
dc.subjectVALUE-ADDED TAX
dc.subjectWAGES
dc.subjectWELFARE GAINS
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleChallenges of CAFTA : Maximizing the Benefits for Central Americaen
dc.title.alternativeEL CAFTA-RD : Desafios y oportunidades para America Centralen
dspace.entity.typePublication
okr.date.disclosure2010-04-20
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2006/06/6965008/challenges-cafta-maximizing-benefits-central-america
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.globalpracticeTrade and Competitiveness
okr.guid482111468314682701
okr.guid883651468053115974
okr.identifier.doi10.1596/978-0-8213-6444-4
okr.identifier.externaldocumentum000160016_20060802103918
okr.identifier.internaldocumentum6965008
okr.identifier.report36806
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/08/02/000160016_20060802103918/Rendered/PDF/368060PAPER0Ca101Official0Use0Only1.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.countryDominican Republic
okr.region.geographicalCentral America
okr.topicLaw and Development::Trade Law
okr.topicInternational Economics and Trade::Trade and Regional Integration
okr.topicInternational Economics and Trade::Free Trade
okr.topicInternational Economics and Trade::Trade Policy
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth
okr.unitLCR Regional Vice President (LCRVP)
okr.volume1 of 1
relation.isAuthorOfPublication2c812f70-403a-5905-88e4-bd90a5f31e96
relation.isAuthorOfPublicationd0039343-97ad-5806-88d5-81b58fee8116
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relation.isAuthorOfPublication.latestForDiscoveryd0039343-97ad-5806-88d5-81b58fee8116
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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