Book

Better Neighbors : Toward a Renewal of Economic Integration in Latin America

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collection.link.137
https://openknowledge.worldbank.org/handle/10986/6002
collection.link.40
https://openknowledge.worldbank.org/handle/10986/2148
collection.name.137
Spanish PDFs Available
collection.name.40
Latin America and Caribbean Studies
dc.contributor.author
Bown, Chad P.
en_US
dc.contributor.author
Lederman, Daniel
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dc.contributor.author
Pienknagura, Samuel
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dc.contributor.author
Robertson, Raymond
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dc.date.accessioned
2016-12-13T18:19:58Z
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dc.date.available
2016-12-13T18:19:58Z
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dc.date.issued
2017-03-14
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dc.description.abstract
This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienced a growth spurt with equity during the first decade of the 21st Century. It is well understood that an unsustainable demand boom fueled by terms-of-trade improvements drove this growth acceleration episode, especially in South America. Unfortunately, terms of trade are no longer fueling growth, and the region’s policymakers are in search of new sources of growth with stability. With the experience of East Asia and the Pacific in mind, many policymakers in LAC are looking to international economic ties as a potential source of stable growth. The challenge highlighted in this book lies in designing an integration agenda comprising trade and factor market integration that is conducive to region-wide efficiency gains, which can help LAC enhance its global competitiveness. The forces of geography imply that pro-growth global integration cannot be achieved without building a strong neighborhood. Thus, this volume argues that LAC's regional economic integration agenda needs to go well beyond the current spaghetti bowl of preferential trading arrangements.
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dc.identifier.isbn
978-1-4648-0977-4
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dc.identifier.uri
http://hdl.handle.net/10986/25736
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dc.language
English
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dc.language.iso
en_US
en_US
dc.publisher
Washington, DC: World Bank
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dc.relation.ispartofseries
Latin America and Caribbean Studies;
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dc.rights
CC BY 3.0 IGO
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dc.rights.holder
World Bank
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
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dc.subject
BOOM
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dc.subject
ECONOMIC GROWTH
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dc.subject
EFFICIENCY
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dc.subject
EQUITY
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dc.subject
FACTOR INTEGRATION
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dc.subject
GLOBAL COMPETITIVENESS
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dc.subject
GROWTH ACCELERATION
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dc.subject
MARKET INTEGRATION
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dc.subject
PREFERENTIAL TRADE AGREEMENTS
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dc.subject
REGIONAL ECONOMIC INTEGRATION
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dc.subject
REGIONALISM
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dc.subject
STABILITY
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dc.subject
TERMS-OF-TRADE
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dc.title
Better Neighbors
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dc.title.subtitle
Toward a Renewal of Economic Integration in Latin America
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dc.type
Book
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okr.date.disclosure
2017-03-13
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okr.doctype
Publications & Research
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okr.doctype
Publications & Research :: Publication
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okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0977-4
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okr.identifier.internaldocumentum
210977
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okr.imported
true
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okr.region.administrative
Latin America & Caribbean
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okr.region.geographical
Caribbean
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okr.region.geographical
Central America
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okr.region.geographical
Latin America
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okr.topic
International Economics and Trade :: Trade and Regional Integration
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okr.topic
Industry :: Industrial Economics
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okr.topic
International Economics and Trade :: Export Competitiveness
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okr.topic
International Economics and Trade :: Trade and Multilateral Issues
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okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
en_US
okr.unit
LCRCE
en_US

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