Download or read book Chile s Regional Arrangements and the Free Trade Agreement of the Americas written by Glenn W. Harrison and published by World Bank Publications. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: July 2001 - Among Chile's bilateral regional agreements, only Chile's agreements with "Northern" partners provide enough market access to offset the costs to Chile of trade diversion. Because of preferential market access, however, "additive regionalism" is likely to provide Chile with far more gains than the static welfare gains from unilateral free trade. At least one partner country loses from each of the regional trade agreements considered in this study, and excluded countries always lose. The Free Trade Agreement of the Americas (FTAA) produces gains for almost all the member countries, but the European Union is a big loser. Countries of the Americas gain more in aggregate from global free trade than from the FTAA. Using a multisector, multicountry, computable general equilibrium model, Harrison, Rutherford, and Tarr examine Chile's strategy of negotiating bilateral free trade agreements with all of its significant trading partners (referring to this policy as additive regionalism). They also evaluate the Free Trade Agreement of the Americas (FTAA) and global free trade. Among Chile's bilateral regional agreements, only Chile's agreements with "Northern" partners provide enough market access to offset the costs to Chile of trade diversion. Because of preferential market access, however, additive regionalism is likely to provide Chile with many times as many gains as the static welfare gains from unilateral free trade. Harrison, Rutherford, and Tarr find that at least one partner country loses from each of the regional trade agreements they consider, and excluded countries as a group always lose. They estimate that the FTAA produces large welfare gains for the members, with the European Union being the big loser. Gains to the world from global free trade are estimated to be at least 36 times greater than gains from the FTAA. Even countries of the Americas in aggregate gain more from global free trade than from the FTAA. This paper--a product of Trade, Development Research Group--is part of a larger effort in the group to examine the impact of regional trade arrangements on development and poverty reduction. David Tarr may be contacted at [email protected].
Download or read book Chile s Regional Arrangements and the Free Trade Agreement of the Americas written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Prospects of a U S Chile Free Trade Agreement written by Dean C. Alexander and published by BRILL. This book was released on 2023-07-24 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book addresses recent strides at trade regionalism in the Western Hemisphere. In addition, it provides a detailed discussion of the prospects, potential content, and likely impact of a U.S.-Chile Free Trade Agreement. Such an accord is very likely. In February 1994 the Clinton Administration announced that negotiations with Chile were expected to begin during the Spring of 1994 with completion at the end of 1995. Prior to focusing on U.S.-Chile trade, the book details contemporary efforts at trade regionalism in the Western Hemisphere, including: the U.S.-Canada Free Trade Agreement, the Caribbean Basin Initiative, the Enterprise for the Americas Initiative, the Andean Trade Preference Act, the Latin American Integration Association, the Caribbean Community Common Market, the Andean Pact, the Central American Common Market, the Southern Cone Common Market (Mercosur) and Chilean bilateral trade and investment arrangements. Next, a synopsis of recent U.S.-Chilean trade and investment relations as well as the impetus for a U.S.-Chile Free Trade Agreement are provided. In addition, the book offers an empirical assessment of U.S.-Chilean trade and investment relations. It also describes the various issues and topics that are likely to be covered in any U.S.-Chile Free Trade Agreement. Furthermore, particular U.S. and Chilean market sectors that might be affected by such an agreement are detailed. The conclusion is that a U.S.-Chile Free Trade Agreement would continue previous attempts at trade regionalism in Western Hemisphere. An annex provides an extensive directory of key government and business contacts in the U.S. and Chile, facilitating trade and investment opportunities for individuals and firms.
Download or read book Free Trade for the Americas written by Marianne Wiesebron and published by Zed Books Ltd.. This book was released on 2013-07-18 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The face of international trade is continuing to change rapidly. But while much attention is focused on where, post-Cancun, any new international negotiations under the auspices of the WTO may go, there are other developments of potentially equal importance. The United States, in particular, is prioritizing new regional trade agreements. This book focuses on the most ambitious of these negotiations -- the Free Trade Area of the Americas Agreement, which is due to be completed in 2005. This US initiative aims to replicate the NAFTA Agreement (which has bound the US, Canada and Mexico into a free trade area since 1994) across all 34 countries of South and North America (bar Cuba). This huge continental market is to be built around US-defined notions of free trade and protection of foreign investment, but will exclude the free movement of labour. This volume explains the origins and process of the negotiations -- both the complicated multilateral discussions and the bilateral agreements that have already been drafted. It explains in detail: * US strategy. * The structures and procedures of the Agreement. * The possible consequences for South America, including: Mercosur; Brazil, as Latin America's largest economy; and the region's many small economies, which cannot possibly compete on a level playing field with the US behemoth. * The wider implications of the FTAA for the global trading system, in particular for China, Japan and the EU. This book -- the first comprehensive, in-depth study of the FTAA -- will be of use to trade specialists, international economists, and all those interested in the FTAA, about which very little information is readily available in the public domain.
Download or read book The Premise and the Promise written by and published by Transaction Publishers. This book was released on 1992-01-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vision of a hemispheric system of free trade charts a bold new course for U.S--Latin American relations that promises to transform the economic and political landscape of the hemisphere well into the next century. In "The Premise and the Promise, "analysts from the United States, Latin America, and Canada explore the dynamics of the process under way in the Americas today, what features free trade ought to have, how the process of regional integration should proceed, and how the regional architecture should be related to the international trading system. Mexico's decision to seek a free trade agreement with the United States and Washington's announcement of the Enterprise for the Americas Initiative turned the incipient integrationist revival of the mid-1980s in Latin America into a seemingly unstoppable force. If regionalism is to be a benign force, however, it must overcome the impulse toward closed, exclusionary arrangements and emulate the best features of the multilateral approach: a regional arrangement should be flexible enough to accommodate vast regional diversity, inclusive enough to allow all countries in the region to participate, and efficient enough not to impose unduly large costs on those excluded from the arrangement. The contents include: Sylvia Saborio, "Overview: The Long and Winding Road from Anchorage to Patagonia," Peter Morici, "American Free Trade: A U.S. Perspective," Jos" Salazar and Eduardo Lizano, "Free Trade hi the Americas: A Latin American Perspective," Richard Lipsey, "Getting There: A Canadian View on WHFTA's Structure," and Refik Erzan and Alexander Yeats, "Empirical Evidence on the Impact of Free Trade Agreements with the United States on Latin America." In six separate chapters, analysts weigh the costs and benefits of subregional free trade agreements between the United States and Mexico, Chile, Central America, Caricom, the Andean Pact, and Mercosur.
Download or read book Expanding NAFTA written by Carmen Zechner and published by LIT Verlag Münster. This book was released on 2002 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy has witnessed a sudden increase in free trade agreements, generating a renewed debate on their economic impact. In Expanding NAFTA Carmen Zechner focuses on the economic effects on Chile of the potential free trade agreement with the United States. The author creates a framework for analyzing the impact of economic integration between a developed and a developing country from the developing country's perspective. This book goes beyond earlier analyses of the static gains from free trade to examine the dynamic and more intangible effects that are critical to the welfare evaluation of trade agreements. Expanding NAFTA is an important contribution to the research on preferential trade liberalization and to understanding developing countries' trade policy choices. This book will be indispensable to anyone interested in trade policy making and the Chilean economy.
Download or read book Prospects of a US Chile Free Trade Agreement written by Kent S. Foster and published by Springer. This book was released on 1994 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique book addresses recent strides at trade regionalism in the Western Hemisphere. In addition, it provides a detailed discussion of the prospects, potential content, and likely impact of a U.S.-Chile Free Trade Agreement. Such an accord is very likely. In February 1994 the Clinton Administration announced that negotiations with Chile were expected to begin during the Spring of 1994 with completion at the end of 1995. Prior to focusing on U.S.-Chile trade, the book details contemporary efforts at trade regionalism in the Western Hemisphere, including: the U.S.-Canada Free Trade Agreement, the Caribbean Basin Initiative, the Enterprise for the Americas Initiative, the Andean Trade Preference Act, the Latin American Integration Association, the Caribbean Community Common Market, the Andean Pact, the Central American Common Market, the Southern Cone Common Market (Mercosur) and Chilean bilateral trade and investment arrangements. Next, a synopsis of recent U.S.-Chilean trade and investment relations as well as the impetus for a U.S.-Chile Free Trade Agreement are provided. In addition, the book offers an empirical assessment of U.S.-Chilean trade and investment relations. It also describes the various issues and topics that are likely to be covered in any U.S.-Chile Free Trade Agreement. Furthermore, particular U.S. and Chilean market sectors that might be affected by such an agreement are detailed. The conclusion is that a U.S.-Chile Free Trade Agreement would continue previous attempts at trade regionalism in Western Hemisphere. An annex provides an extensive directory of key government and business contacts in the U.S. and Chile, facilitating trade and investment opportunities for individuals and firms.
Download or read book Cross Regional Trade Agreements written by Saori N. Katada and published by Springer Science & Business Media. This book was released on 2008-06-24 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unacknowledged key feature of East Asian FTA diplomacy is the region's active cross-regional preferential trading relations. In sharp contrast to the Americas and Europe, where cross-regional initiatives gained strength after the consolidation of regional trade integration, East Asian governments negotiate trade deals with partners outside of their region at an early stage in their FTA policies. The book asks three main questions: Are there regional factors in East Asia encouraging countries to explore cross-regionalism early on? What are the most important criteria behind the cross-regional partner selection? How do cross-regional FTSs (CRTAs) influence their intra-regional trade initiatives? Through detailed country case studies from China, Japan, South Korea, Singapore, Thailand and Malaysia, we show the ways in which these governments seek to leverage their CRTAs in the pursuit of intra-regional trade integration objectives, a process that yields a much more permeated regionalism.
Download or read book Chile s Regional Arrangements and the Free Trade Arrangement of the Americas written by Glenn W. Harrison and published by . This book was released on 2001 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Premise and the Promise written by and published by Transaction Pub. This book was released on 1992-01-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vision of a hemispheric system of free trade charts a bold new course for U.S--Latin American relations that promises to transform the economic and political landscape of the hemisphere well into the next century. In The Premise and the Promise, analysts from the United States, Latin America, and Canada explore the dynamics of the process under way in the Americas today, what features free trade ought to have, how the process of regional integration should proceed, and how the regional architecture should be related to the international trading system. Mexico's decision to seek a free trade agreement with the United States and Washington's announcement of the Enterprise for the Americas Initiative turned the incipient integrationist revival of the mid-1980s in Latin America into a seemingly unstoppable force. If regionalism is to be a benign force, however, it must overcome the impulse toward closed, exclusionary arrangements and emulate the best features of the multilateral approach: a regional arrangement should be flexible enough to accommodate vast regional diversity, inclusive enough to allow all countries in the region to participate, and efficient enough not to impose unduly large costs on those excluded from the arrangement. The contents include: Sylvia Saborio, "Overview: The Long and Winding Road from Anchorage to Patagonia," Peter Morici, "American Free Trade: A U.S. Perspective," Jos" Salazar and Eduardo Lizano, "Free Trade hi the Americas: A Latin American Perspective," Richard Lipsey, "Getting There: A Canadian View on WHFTA's Structure," and Refik Erzan and Alexander Yeats, "Empirical Evidence on the Impact of Free Trade Agreements with the United States on Latin America." In six separate chapters, analysts weigh the costs and benefits of subregional free trade agreements between the United States and Mexico, Chile, Central America, Caricom, the Andean Pact, and Mercosur.
Download or read book Beyond the Northern American Free Trade Agreement written by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade and published by . This book was released on 1993 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Integration in the Americas written by M. Angeles Villarreal and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s, the countries of Latin America and the Caribbean have been a focus of United States trade policy, as demonstrated by the passage of the North American Free Trade Agreement (NAFTA), the U.S.-Chile free trade agreement (FTA), and, more recently, the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). The Bush Administration has made bilateral and regional trade agreements important elements of U.S. trade policy. The United States currently is in the process of completing trade negotiations with Andean countries for an FTA and on reactivating talks for a U.S.-Panama FTA and a Free Trade Area of the Americas (FTAA). The FTAA is an on-going regional trade initiative that was first discussed in 1994 and formally started in 1998. The last FTAA trade ministerial meeting was held in Miami in November 2003, but the talks are currently stalled. The efforts of the United States in regional trade integration in the Americas are significant for Congress because U.S. entry into any free trade agreement may only be done with the legislative approval of the Congress. U.S. supporters of trade integration in the Americas believe it helps U.S. economic and political interests in several ways. Proponents believe that the movement towards trade integration of the Americas is beneficial for U.S. prosperity, and also serves to strengthen democratic regimes and support U.S. values and security. Forming closer economic relations with countries in the region is seen by some as a means to improve cooperation on other issues such as the environment and anti-drug efforts. U.S. opponents of trade integration proposals are mainly concerned that hemispheric free trade would lead to a loss of jobs in the United States through increased import competition or as a result of U.S. companies shifting production to lower-wage countries with weak labor standards. The number of regional trade agreements in the Americas has been increasing since the 1990s. Major trade arrangements include NAFTA, CAFTA-DR, the Southern Common Market (Mercosur) in South America, the Andean Community (CAN), the Caribbean Community and Common Market (CARICOM), the Central American Common Market (CACM), and the Latin American Integration Association (ALADI). With a total of 12 trade agreements involving over 40 countries, Mexico is one of the countries with the highest number of agreements. Supporters note that if countries in the Western Hemisphere ultimately establish an FTAA, it could have as many as 34 members and nearly 800 million people, nearly twice the population of the European Union. Trade integration in the Americas is of interest to policymakers because of the implications for the United States. Issues under debate include the pros and cons of deepened trade relations with Latin America and the Caribbean, and whether the current focus on bilateral and regional FTAs is the most appropriate trade policy. Some analysts do not believe that such a policy is a good idea because it is creating a complicated network of trade agreements throughout the region could slow down the FTAA process. Others believe that regional trade agreements lead to the consolidation of regional trade areas into larger free trade areas, and although a slow process, may eventually lead to a hemispheric free trade area.
Download or read book Latin American and Caribbean Trade Agreements written by Thomas Andrew O'Keefe and published by BRILL. This book was released on 2009 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas is the essential reference guide for companies trading with Latin America and the Caribbean or wishing to use a country in the region as an export platform. This work fills the void in academic texts that are used to teach courses on economic integration in the Western Hemisphere. It provides a road map for the Obama Administration to launch an ambitious project designed to encourage economic growth, promote energy security, and reduce harmful greenhouse gas emissions, while at the same time realistically meeting the development needs of Latin America and the Caribbean. Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas posits that the myopic focus of past United States administrations on free markets to spur economic development in the Western Hemisphere is not enough. A bolder and more ambitious project that also seeks to redress many of the deep-seated problems that have long plagued the region is required. The Community of the Americas proposed in this book rests upon the important work that has already been done at the sub-regional level in terms of economic and political reform, identifying infrastructure and human capital needs, and regulating migration. It provides a new and cohesive vision for U.S. policy in Latin America and the Caribbean.
Download or read book Free Trade written by Arnold S. Miller and published by Nova Publishers. This book was released on 2004 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: With jobless recoveries the issue du jour, free trade has become a wedge issue of considerable importance in the developed countries. This book hones in on free trade areas and their role in this complex globalisation process. CONTENTS: Preface; Free Trade Agreements: Impact on US Trade and Implications for US Trade Policy (William H. Cooper); The US-Singapore Free Trade Agreement (Dick K. Nanto); Free Trade Agreements with Singapore and Chile: Labor Issues (Mary Jane Bolle); The US-Chile Free Trade Agreement: Economic and Trade Policy Issues (J. F. Hornbeck); Agricultural Trade in a US- Central American Free Trade Agreement (CAFTA) (Remy Jurenas); A Free Trade Area of the Americas: Status of Negotiations and Major Policy Issues (J. F. Hornbeck); US -- Jordan Free Trade Agreement (Mary Jane Bolle); Index.
Download or read book Trade Integration in the Americas written by and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s, the countries of Latin America and the Caribbean have been a focus of United States trade policy, as demonstrated by the passage of the North American Free Trade Agreement (NAFTA), the U.S.-Chile free trade agreement (FTA), and, more recently, the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). The Bush Administration has made bilateral and regional trade agreements important elements of U.S. trade policy. The United States currently is in the process of completing trade negotiations with Andean countries for an FTA and on reactivating talks for a U.S.-Panama FTA and a Free Trade Area of the Americas (FTAA). The FTAA is an on-going regional trade initiative that was first discussed in 1994 and formally started in 1998. The last FTAA trade ministerial meeting was held in Miami in November 2003, but the talks are currently stalled. The efforts of the United States in regional trade integration in the Americas are significant for Congress because U.S. entry into any free trade agreement may only be done with the legislative approval of the Congress. U.S. supporters of trade integration in the Americas believe it helps U.S. economic and political interests in several ways. Proponents believe that the movement towards trade integration of the Americas is beneficial for U.S. prosperity, and also serves to strengthen democratic regimes and support U.S. values and security. Forming closer economic relations with countries in the region is seen by some as a means to improve cooperation on other issues such as the environment and anti-drug efforts. U.S. opponents of trade integration proposals are mainly concerned that hemispheric free trade would lead to a loss of jobs in the United States through increased import competition or as a result of U.S. companies shifting production to lower-wage countries with weak labor standards. The number of regional trade agreements in the Americas has been increasing since the 1990s. Major trade arrangements include NAFTA, CAFTA-DR, the Southern Common Market (Mercosur) in South America , the Andean Community (CAN), the Caribbean Community and Common Market (CARICOM), the Central American Common Market (CACM), and the Latin American Integration Association (ALADI). With a total of 12 trade agreements involving over 40 countries, Mexico is one of the countries with the highest number of agreements. Supporters note that if countries in the Western Hemisphere ultimately establish an FTAA, it could have as many as 34 members and nearly 800 million people, nearly twice the population of the European Union. Trade integration in the Americas is of interest to policymakers because of the implications for the United States. Issues under debate include the pros and cons of deepened trade relations with Latin America and the Caribbean, and whether the current focus on bilateral and regional FTAs is the most appropriate trade policy. Some analysts do not believe that such a policy is a good idea because it is creating a complicated network of trade agreements throughout the region could slow down the FTAA process. Others believe that regional trade agreements lead to the consolidation of regional trade areas into larger free trade areas, and although a slow process, may eventually lead to a hemispheric free trade area.
Download or read book The United States and the New Regionalism Bilateralism written by Yongzheng Yang and published by International Monetary Fund. This book was released on 2003-10-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current U.S. trade policy stresses establishing free trade areas (FTAs) with partners spanning the globe. Motivations include enhancing goods and services trade; stimulating investment flows; extending standards on intellectual property rights, labor, and the environment; and addressing geopolitical concerns. Simulations of FTAs with the United States highlight the importance of trade complementarity, trade diversion, and welfare losses for nonmembers. Agriculture and textiles play a central role in determining welfare outcomes. Initial improvement in market access enjoyed by participants could be eroded progressively as global liberalization proceeds, and this preference erosion might act as a disincentive to participate in multilateral liberalization.
Download or read book The Pacific Alliance in a World of Preferential Trade Agreements written by Pierre Sauvé and published by Springer. This book was released on 2018-06-29 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on one of the most innovative deep integration constructs, The Pacific Alliance, which aims at expanding the frontiers of trade and investment governance in Latin America. It draws on a conference held at Externado University in Bogota, Colombia, in November 2015, bringing together leading scholars, practitioners and officers of public, regional and international organisations interested in a critical analysis of the Alliance, its distinctiveness and likely future directions. The volume features contributions from the multi-disciplinary lens of law, political science and economics. The Pacific Alliance, comprising Chile, Colombia, Mexico and Peru, aims through a participatory and consensual manner to promote the free circulation of goods, services, capital and persons among its members, and to secure deep economic integration through collaboration across a broader set of policy areas than typically obtains in more traditional preferential trade agreements. This volume is of interest to policy makers and staff of international organizations involved in trade and investment negotiations, international economic governance in general as well as faculty, researchers and graduate students of these topics and of international political economy and comparative regionalism.
