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Trade liberalization and economic growth in Central America / Juan Carlos Moreno-Brid and Esteban Perez.
- Format:
- Book
- Government document
- Author/Creator:
- Moreno-Brid, Juan Carlos, author.
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Local Subjects:
- Economic and Social Development.
- Physical Description:
- 1 online resource (18 pages)
- Contained In:
- CEPAL Review Vol. 2003, no. 81, p. 151-168 2003:81<151 16840348
- Place of Publication:
- New York : United Nations, 2003.
- System Details:
- text file
- Summary:
- This article examines the long-run relationship between export performance and economic growth in three Central American countries from 1950 to 1999. Therefore, it excludes the recent years of slowdown in the world economy, 2000-2002. The cointegration analysts supports the view that the external sector has been a key determinant of these countries' long-run rate of economic growth. The article also suggests that the trade liberalization experiences seen since the mid-1980s have had very disparate impacts on these countries' long-run rates of economic growth. Lastly, the implications of these results for trade liberalization strategies and the possible impact of a United States-Central America Free Trade Agreement are examined.
- Notes:
- Title from title screen (viewed May 1, 2017).
- Access Restriction:
- Restricted for use by site license.
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