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International trade and integration

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

Trade and development nexus :

reflections on the performance of trade in goods under the CARIFORUM-European Union Partnership Agreement A CARIFORUM perspective
Publisher: 
ECLAC
City: 
Santiago
Volume, number, page: 
54 p.
Abstract: 
Given the asymmetry in the levels of development and capacity which exist between the EU and CARIFORUM States, the architects of the CARIFORUM-European Union (EU) Economic Partnership Agreement (EPA) anticipated the need for review and monitoring of the impacts of
implementation. Article 5 and other provisions in the Agreement therefore specifically mandate that monitoring be undertaken to ensure that the Agreement benefits a wide cross-section of the population in member countries.The paper seeks to provide a preliminary assessment of the impact of the EPA on CARIFORUM countries. In so doing, it highlights some critical information and implementation gaps and challenges that have emerged during the implementation process. The analysis however, is restricted to goods trade. The services sector will be the subject of a separate report.
The paper draws on a combination of quantitative and qualitative analyses. While the paper undertakes a CARIFORUM-wide analysis for the most part, five CARIFORUM member states including Barbados, Dominican Republic, Guyana, Saint Kitts and Nevis and Saint Lucia are examined more closely in some instances. These economies were selected by virtue of economic structure and development constraints, as a representative subset of CARIFORUM, which comprises the CARICOM membership as well as the Dominican Republic.

Building SME competitiveness in the European Union and Latin America and the Caribbean

policy proposals by the private sector
Publisher: 
ECLAC
City: 
Santiago
Volume, number, page: 
38 p.
Abstract: 
SMEs as economic agents are being called upon to play a new and important role in boosting relations between Latin America and the Caribbean and the European Union (see box 2). These two regions are closely linked from the economic viewpoint, in particular through trade and direct investment as well as through the long-standing exchange of people and ideas. Today, the growth of Latin America and the Caribbean can be a factor for mitigating the impact of the crisis in Europe. The internationalization of SMEs, beyond helping to generate employment and increase incomes, offers the possibility of adding value at origin and introducing improvements in production which will boost the market share of such firms, promoting more vigorous entrepreneurship. To this end it is essential for them to reduce productivity gaps by incorporating technology, innovations and knowledge into products, as well as to foster management improvements.
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