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.
dc.contributor.author
Lederman, Daniel
dc.contributor.author
Pienknagura, Samuel
dc.contributor.author
Robertson, Raymond
dc.date.accessioned
2016-12-13T18:19:58Z
dc.date.available
2016-12-13T18:19:58Z
dc.date.issued
2017-03-14
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.
en
dc.identifier.isbn
978-1-4648-0977-4
dc.identifier.uri
http://hdl.handle.net/10986/25736
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC: World Bank
dc.relation.ispartofseries
Latin America and Caribbean Studies;
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
BOOM
dc.subject
ECONOMIC GROWTH
dc.subject
EFFICIENCY
dc.subject
EQUITY
dc.subject
FACTOR INTEGRATION
dc.subject
GLOBAL COMPETITIVENESS
dc.subject
GROWTH ACCELERATION
dc.subject
MARKET INTEGRATION
dc.subject
PREFERENTIAL TRADE AGREEMENTS
dc.subject
REGIONAL ECONOMIC INTEGRATION
dc.subject
REGIONALISM
dc.subject
STABILITY
dc.subject
TERMS-OF-TRADE
dc.title
Better Neighbors
en
dc.title.subtitle
Toward a Renewal of Economic Integration in Latin America
en
dc.type
Book
en
okr.date.disclosure
2017-03-13
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-0977-4
okr.identifier.internaldocumentum
210977
okr.identifier.report
113852
okr.imported
true
okr.language.supported
en
okr.region.administrative
Latin America & Caribbean
okr.region.geographical
Caribbean
okr.region.geographical
Central America
okr.region.geographical
Latin America
okr.topic
International Economics and Trade :: Trade and Regional Integration
okr.topic
Industry :: Industrial Economics
okr.topic
International Economics and Trade :: Export Competitiveness
okr.topic
International Economics and Trade :: Trade and Multilateral Issues
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.unit
LCRCE

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