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Annual World Bank Conference on Development in Latin America and the Caribbean, 1997 : Trade, towards open regionalism: proceedings of a conference held in Montevideo, Uruguay / Burki, Shahid Javed
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Burki, Shahid Javed.
- Series:
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Economic Theory and Research.
- Emerging Markets.
- Free Trade.
- International Economics & Trade.
- Law and Development.
- Macroeconomics and Economic Growth.
- Private Sector Development.
- Public Sector Development.
- Trade Law.
- Trade Policy.
- Local Subjects:
- Economic Theory and Research.
- Emerging Markets.
- Free Trade.
- International Economics & Trade.
- Law and Development.
- Macroeconomics and Economic Growth.
- Private Sector Development.
- Public Sector Development.
- Trade Law.
- Trade Policy.
- Physical Description:
- 1 online resource (285 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 1998
- Language Note:
- English
- System Details:
- data file
- Summary:
- 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.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 1-280-00442-8
- 9786610004423
- 0-585-23132-X
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