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Hester, Annette; Beaulieu, Eugene. |
This paper summarizes the evolution of regional trade agreements in the Americas and examines whether they are contributing to globalization or detracting from it. In theory, regional trade agreements may create incentives that deter countries from entering into multilateral negotiations. The paper draws on the political economy literature and takes a "dynamic time-path effect" perspective. The evolution of six regional trade agreements in Latin America are analyzed in detail: LAIA, Mercosur, NAFTA, Andean Community, Caricom, and CACM. This study concludes that regional trade agreements in the Americas have not discouraged the participatory countries' pursuit of multilateral negotiations. Moreover, regional agreements are contributing to a new power... |
Tipo: Journal Article |
Palavras-chave: Latin America; Multinationalism; Preferential trade agreements; Regionalism; International Relations/Trade. |
Ano: 2000 |
URL: http://purl.umn.edu/23840 |
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Hester, Annette. |
Not everyone in the Americas thinks that negotiating an FTAA is desirable. Some argue that the timing of the negotiations is being set by the agenda of the developed countries, particularly the US, and not that of the rest of the region. Others say that negotiating tariff reductions will do little to increase exports. The argument is that non-tariff barriers to trade must be part of the package, or the whole idea is a waste of time. These are just some of the opinions coming from the South. Interestingly, a number of these ideas are coming from Brazil, the hemisphere's most populous country after the US, and clearly a leader in the region. Presidential elections in Brazil took place in the fall of 2002 just prior to an FTAA Ministerial in Quito. In the... |
Tipo: Journal Article |
Palavras-chave: Brazil; Non-tariff barriers; FTAA; South; International Relations/Trade. |
Ano: 2002 |
URL: http://purl.umn.edu/23930 |
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