Better Neighbours
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A01=Chad P. Brown
A01=Daniel Lederman
A01=Raymond Robertson
A01=Samuel Pienknagura
A01=World Bank
Age Group_Uncategorized
Age Group_Uncategorized
Author_Chad P. Brown
Author_Daniel Lederman
Author_Raymond Robertson
Author_Samuel Pienknagura
Author_World Bank
automatic-update
Category1=Non-Fiction
Category=JPF
Category=KCB
Category=KCLT
Category=KCP
commercial policy
COP=United States
Delivery_Delivery within 10-20 working days
economic integration
eq_bestseller
eq_business-finance-law
eq_isMigrated=0
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
factor market integration
growth
labor market integration
Language_English
migration
open regionalism
PA=Available
preferential trade agreements
Price_€20 to €50
PS=Active
regional integration
softlaunch
stability
trade Integration
Product details
- ISBN 9781464809774
- Weight: 495g
- Dimensions: 205 x 264mm
- Publication Date: 15 Mar 2017
- Publisher: World Bank Publications
- Publication City/Country: US
- Product Form: Paperback
- Language: English
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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.
