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

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 tha...

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Main Authors:	Bown, Chad P., Lederman, Daniel, Pienknagura, Samuel, Robertson, Raymond
Format:	Book
Language:	English en_US
Published:	Washington, DC: World Bank 2016
Subjects:	BOOM ECONOMIC GROWTH EFFICIENCY EQUITY FACTOR INTEGRATION GLOBAL COMPETITIVENESS GROWTH ACCELERATION MARKET INTEGRATION PREFERENTIAL TRADE AGREEMENTS REGIONAL ECONOMIC INTEGRATION REGIONALISM STABILITY TERMS-OF-TRADE
Online Access:	http://hdl.handle.net/10986/25736

id	okr-10986-25736
recordtype	oai_dc
spelling	okr-10986-257362021-04-23T14:04:31Z Better Neighbors : Toward a Renewal of Economic Integration in Latin America Bown, Chad P. Lederman, Daniel Pienknagura, Samuel Robertson, Raymond BOOM ECONOMIC GROWTH EFFICIENCY EQUITY FACTOR INTEGRATION GLOBAL COMPETITIVENESS GROWTH ACCELERATION MARKET INTEGRATION PREFERENTIAL TRADE AGREEMENTS REGIONAL ECONOMIC INTEGRATION REGIONALISM STABILITY TERMS-OF-TRADE 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. 2016-12-13T18:19:58Z 2016-12-13T18:19:58Z 2017-03-14 Book 978-1-4648-0977-4 http://hdl.handle.net/10986/25736 English en_US World Bank Latin American and Caribbean Studies; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Caribbean Central America Latin America
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	BOOM ECONOMIC GROWTH EFFICIENCY EQUITY FACTOR INTEGRATION GLOBAL COMPETITIVENESS GROWTH ACCELERATION MARKET INTEGRATION PREFERENTIAL TRADE AGREEMENTS REGIONAL ECONOMIC INTEGRATION REGIONALISM STABILITY TERMS-OF-TRADE
spellingShingle	BOOM ECONOMIC GROWTH EFFICIENCY EQUITY FACTOR INTEGRATION GLOBAL COMPETITIVENESS GROWTH ACCELERATION MARKET INTEGRATION PREFERENTIAL TRADE AGREEMENTS REGIONAL ECONOMIC INTEGRATION REGIONALISM STABILITY TERMS-OF-TRADE Bown, Chad P. Lederman, Daniel Pienknagura, Samuel Robertson, Raymond Better Neighbors : Toward a Renewal of Economic Integration in Latin America
geographic_facet	Latin America & Caribbean Caribbean Central America Latin America
relation	World Bank Latin American and Caribbean Studies;
description	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.
format	Book
author	Bown, Chad P. Lederman, Daniel Pienknagura, Samuel Robertson, Raymond
author_facet	Bown, Chad P. Lederman, Daniel Pienknagura, Samuel Robertson, Raymond
author_sort	Bown, Chad P.
title	Better Neighbors : Toward a Renewal of Economic Integration in Latin America
title_short	Better Neighbors : Toward a Renewal of Economic Integration in Latin America
title_full	Better Neighbors : Toward a Renewal of Economic Integration in Latin America
title_fullStr	Better Neighbors : Toward a Renewal of Economic Integration in Latin America
title_full_unstemmed	Better Neighbors : Toward a Renewal of Economic Integration in Latin America
title_sort	better neighbors : toward a renewal of economic integration in latin america
publisher	Washington, DC: World Bank
publishDate	2016
url	http://hdl.handle.net/10986/25736
_version_	1764460023534059520

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

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