Abstract: This third Annual Bank Conference on Development in Latin America and the Caribbean (LAC) focuses on trade liberalization policy, specifically "open regionalism," a term coined to describe the fact that 1) regionalism has gone hand in hand with unilateral trade opening: statistics on tariff and non-tariff measures affecting imports show that protectionist policies have been dismantled in the major LAC countries during the last decade; 2) regionalism has gone hand in hand with a substantial liberalization of investment regimes: provisions, including national treatment provisions, in regional trading arrangements show that several LAC countries treat foreign direct investment on exactly the same footing as domestic investment; and 3) most LAC countries are willing to participate in building a hemispheric free-trade zone and have been active, pro-liberalization members of the World Trade Organization (WTO). Speeches emphasized the political returns from trade integration: reciprocal lock-in, alliances created among pro-reform factions, pro-integration movements across countries, civil society integration, more-likely peaceful settlements to disputes, and general advancement of harmony in the Western Hemisphere through atmospherics, through positive incentive structures, and through cross-country coalitions. Because these positive linkages are largely implicit and not unduly burdensome, they make regional integration consistent with convergence toward global trade integration

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zlib/Business & Economics/Mathematical Economics/Shahid Javed Burki, Guillermo E. Perry, Sara Calvo/Annual World Bank Conference on Development in Latin America and the Caribbean: proceedings of a conference held in ..._1117274.epub

Annual World Bank Conference on Development in Latin America and the Caribbean: Trade-Towards Open Regionalism-Conference Proceedings (World Bank Latin American & Caribbean Studies. Proceedings)

Uruguay) World Bank Conference on Development in Latin America and the Caribbean (3rd 1997 Montevideo

Burki, Shahid Javed; Perry, Guillermo; Calvo, Sara

The World Bank

World Bank Latin American and Caribbean studies. Proceedings, World Bank Latin American and Caribbean studies, Washington, D.C, District of Columbia, 1998

World Bank e-Library, Washington, D.C, 1998

United States, United States of America

до 2011-08

lg678397

{"isbns":["082134272X","9780821342725"],"publisher":"World Bank"}

Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2011 HathiTrust Digital Library committed to preserve

2011-08-31