Economic Integration in the Americas (Routledge Studies in the Modern World Economy)

This new book brings together contributions from recognized experts in trade policy, discussing and evaluating economic integration in the Western Hemisphere, the alternative trade strategies being pursued in this area and Latin American relationships with United States and Canada. These essays provide progress reports concerning the different regional and sub-regional groupings that have developed within the hemisphere and discuss the inter-relationships of Western Hemispheric trading arrangement with the multilateral trading systems. The difficulties encountered in hemispheric trade negotiations and the implications for the countries involved are also considered. This book will be of great interest to students and researchers engaged with international trade and economic policy, as well as policy specialists in business organizations and government. Book Cover......Page 1 Title......Page 8 Copyright......Page 9 Contents......Page 10 Figures......Page 13 Tables......Page 14 About the contributors......Page 16 Preface......Page 22 Acronyms......Page 27 Part I: Introduction......Page 30 1 Introduction......Page 32 Part II: New trade strategies in the Americas......Page 40 2 The past twenty years of trade policy: What have we learned so far and what are the lessons for Latin America?......Page 42 3 New trade strategies in the Americas......Page 56 4 The FTAA–WTO divide: The political economy of low ambition......Page 75 5 Trade liberalization as a moral imperative......Page 91 Part III: Regional and subregional agreements in the Western Hemisphere......Page 98 6 Regionalism in North America: NAFTA and the Mexican case......Page 100 7 Central America in a free trade area for the Americas......Page 119 8 MERCOSUR and the US: No finishing date......Page 125 9 The Caribbean Community: Integration among small states......Page 134 10 Trends in Latin American integration: An overview......Page 162 Part IV: Results of North American and hemispheric trade negotiations......Page 192 11 Does the FTAA have a future?......Page 194 12 Competing for the US import market: NAFTA and non-NAFTA countries......Page 205 13 Beyond FTAs: Deepening North American integration......Page 228 Part V: Interaction of regional and global trade agreements......Page 236 14 Interactions of regional and global trade agreements......Page 238 15 Interactions between regional and global trade agreements......Page 242 16 Cleaning up the spaghetti bowl......Page 256 17 Isolation, intervention, and exchange rights: Principles in trade theory......Page 262 Part VI: Afterword......Page 274 Afterword......Page 276 Index......Page 278 Introduction / Supachai Panitchpakdi The past twenty years of trade policy: what have we learned so far and what are the lessons for Latin America? / Michael Hart New trade strategies in the Americas / Sherry M. Stephenson The FTAA-WTO divide: the political economy of low ambition / Mário A. Marconini Trade liberalization as a moral imperative / Richard Fisher Regionalism in North America: NAFTA and the Mexican case / Víctor López Villafañe and Mariana Rangel Padilla Central America in a free trade area for the Americas / Alberto Trejos MERCOSUR and the US: no finishing date / Felipe Frydman The Caribbean Community: integration among small states / Anneke Jessen Trends in Latin American integration: an overview / Osvaldo Rosales, José E. Durán Lima and Sebastián Sáez Does the FTAA have a future? / Jeffrey J. Schott Competing for the US import market: NAFTA and non-NAFTA countries / Jorge Chami Batista Beyond FTAs: deepening North American integration / Wendy Dobson Interactions of regional and global trade agreements / Sylvia Ostry Interactions between regional and global trade agreements / Gary Clyde Hufbauer Cleaning up the spaghetti bowl / John M. Curtis Isolation, intervention, and exchange rights: principles in trade theory / Earl L. Grinols Afterword / Joseph A. McKinney and H. Stephen Gardner. Annotation This new book brings together contributions from recognized experts in trade policy, discussing and evaluating economic integration in the Western Hemisphere and the alternative trade strategies being pursued in this area

This new book brings together contributions from recognized experts in trade policy, discussing and evaluating economic integration in the Western Hemisphere and the alternative trade strategies being pursued in this area.

Bringing together contributions from recognised experts in trade policy, this text discusses and evaluates economic integration in the Western Hemisphere and the alternative trade strategies being pursued in this area