Sustaining Trade Reform : Institutional Lessons from Peru and Argentina

This paper examines trade policies in Peru and Argentina since the reforms of the 1990s. Peru provides a valuable example of sustaining reform. Leaders have used negotiations and other international instruments to disseminate among Peruvians a posi...

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Main Authors: Baracat, Elías A., Finger, J. Michael, León Thorne, Raúl, Nogués, Julio J.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/09/18270495/sustaining-trade-reform-institutional-lessons-peru-argentina
http://hdl.handle.net/10986/16838
id okr-10986-16838
recordtype oai_dc
spelling okr-10986-168382021-04-23T14:03:32Z Sustaining Trade Reform : Institutional Lessons from Peru and Argentina Baracat, Elías A. Finger, J. Michael León Thorne, Raúl Nogués, Julio J. GOVERNANCE PRINCIPLES INTERNATIONAL ECONOMY INTERNATIONAL OBLIGATIONS RESTRICTIONS SUSTAINABLE REFORM TRADE POLICY INSTRUMENTS TRADE POLITICS This paper examines trade policies in Peru and Argentina since the reforms of the 1990s. Peru provides a valuable example of sustaining reform. Leaders have used negotiations and other international instruments to disseminate among Peruvians a positive vision of Peru in the international economy and to extend the application of World Trade Organization-based governance principles. Peru has introduced few new restrictions and all of them have been through World Trade Organization-sanctioned policy instruments. Argentina, by contrast, has introduced multiple restrictions, through procedures that eschew World Trade Organization governance principles. Moreover, leaders there have returned trade politics to the dependencia philosophy that sees the international economy as an exploitive environment. The paper brings out the weakness of international obligations to limit Argentina's return to import substitution and the pains at which Peru has gone to maintain the management of its economy within the same rules that Argentina has so easily violated. 2014-02-03T21:26:49Z 2014-02-03T21:26:49Z 2013-09 http://documents.worldbank.org/curated/en/2013/09/18270495/sustaining-trade-reform-institutional-lessons-peru-argentina http://hdl.handle.net/10986/16838 English en_US Policy Research Working Paper;No. 6610 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean ARGENTINA Peru
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic GOVERNANCE PRINCIPLES
INTERNATIONAL ECONOMY
INTERNATIONAL OBLIGATIONS
RESTRICTIONS
SUSTAINABLE REFORM
TRADE POLICY INSTRUMENTS
TRADE POLITICS
spellingShingle GOVERNANCE PRINCIPLES
INTERNATIONAL ECONOMY
INTERNATIONAL OBLIGATIONS
RESTRICTIONS
SUSTAINABLE REFORM
TRADE POLICY INSTRUMENTS
TRADE POLITICS
Baracat, Elías A.
Finger, J. Michael
León Thorne, Raúl
Nogués, Julio J.
Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
geographic_facet Latin America & Caribbean
ARGENTINA
Peru
relation Policy Research Working Paper;No. 6610
description This paper examines trade policies in Peru and Argentina since the reforms of the 1990s. Peru provides a valuable example of sustaining reform. Leaders have used negotiations and other international instruments to disseminate among Peruvians a positive vision of Peru in the international economy and to extend the application of World Trade Organization-based governance principles. Peru has introduced few new restrictions and all of them have been through World Trade Organization-sanctioned policy instruments. Argentina, by contrast, has introduced multiple restrictions, through procedures that eschew World Trade Organization governance principles. Moreover, leaders there have returned trade politics to the dependencia philosophy that sees the international economy as an exploitive environment. The paper brings out the weakness of international obligations to limit Argentina's return to import substitution and the pains at which Peru has gone to maintain the management of its economy within the same rules that Argentina has so easily violated.
format Publications & Research :: Policy Research Working Paper
author Baracat, Elías A.
Finger, J. Michael
León Thorne, Raúl
Nogués, Julio J.
author_facet Baracat, Elías A.
Finger, J. Michael
León Thorne, Raúl
Nogués, Julio J.
author_sort Baracat, Elías A.
title Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
title_short Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
title_full Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
title_fullStr Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
title_full_unstemmed Sustaining Trade Reform : Institutional Lessons from Peru and Argentina
title_sort sustaining trade reform : institutional lessons from peru and argentina
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/09/18270495/sustaining-trade-reform-institutional-lessons-peru-argentina
http://hdl.handle.net/10986/16838
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