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International economic policy

Trade :

The Undervalued Driver of Regional Integration in Latin America
Publisher: 
GIGA
City: 
Hamburg
Volume, number, page: 
n.5 , pp.1-10.
Abstract: 
Many regional organisations in Latin America are currently in crisis. Trade agreements, however, have made progress in the region. Today, 80 per cent of intra-regional trade is already under preferences. In March 2017 several international financial organisations – the World Bank, the International Monetary Fund (IMF), and the Inter-American Development Bank (IDB) – each independently proposed the creation of a Latin American and Caribbean free trade area

The European Union as a Conveniently-conflicted Counter-hegemon through Trade

Publisher: 
UACES
City: 
London
Volume, number, page: 
9:4, pp.560-577
Abstract: 
This article addresses the failure by scholars of EU trade policy to fully explain the difficulties faced in realising the ‘normative’ goals contained within the European Union’s external trade policy and the conviction that it might be a ‘force for good’ through trade. In seeking to account for and, in particular, move beyond the failure to fully explain these difficulties, the article adopts a critical social science approach that focuses on relations of domination and the (potentially misleading) appearances that such relations tend to uphold. In contrast to the traditional view of the EU as a potential ‘force for good’, we conceptualise it as a site of domination, focusing in particular on three mechanisms through which this domination is achieved – expansive market (capitalist) exchange, the ‘Othering’ that tends to accompany such processes of expansion, and the de-politicisation necessary to achieve and/or legitimate these processes. The article proceeds to explore recent developments in EU trade policy, and in particular the Global Europe agenda and associated new generation of free trade agreements with trade partners in Asia and Latin America. In doing so, the article examines the extent to which processes of market expansion, Othering and de-politicisation have been realised in recent EU trade policy. It argues for a conceptualisation of the European Union as a conveniently-conflicted counter-hegemon through trade, whereby the EU presents itself as a potential “force for good” through trade, but simultaneously avoids the realisation of that potential (and justifies its non-realisation) by evoking the conveniently-conflicted status that arises from institutional constraints and both internal disagreements and external differences. This account, we claim, is both more plausible than the existing empirical accounts in that it is able to explain the consistent promotion of an apparently unrealisable ‘progressive’ agenda by the European Union, and an improvement upon those accounts in that it illuminates and demystifies relations of domination and certain ideas that act to uphold them.

Latin American Role in International Geopolitics

Publisher: 
Peoples’ Friendship University of Russia
City: 
Moscow
Volume, number, page: 
15:4, pp.20-28
Considered Countries: 
Abstract: 
The article shows that over the past decade and a half there have been significant changes in the international situation in Latin America, which affected all the main areas of external relations in the region. The interaction between the Latin American countries moved forward, which was reflected in the formation and development of new structures, such as UNASUR, ALBA, SELAC, and the Pacific Alliance. China has dramatically expanded its presence in the region, which was manifested in the growth of trade and Chinese investment, and the transition from the level of bilateral cooperation to multilateral format. The cooperation between Latin America and Russia has risen on a higher level, which was manifested in the expansion of trade and economic ties and collaboration of certain Latin American integration groupings with the EAEC. The new moments characterize relations with the US, which is clearly evident in US-Cuban relations. Latin American countries have stepped up dialogue with the European Union. All these factors combine to expand the range of external relations of Latin American and Caribbean countries and prove the changing role of Latin America in the system of global relations.
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