NAFTA and Flow of FDI into Mexico: Investment Diversion or Stock Adjustment?

2005 ◽  
Vol 8 (2) ◽  
pp. 71-91
Author(s):  
Hyeryeon Jung ◽  
Yoon Heo

While the investment creationeffect of regional integration agreements has attracted increased attention in recent years, few studies have examined the impact on investment flows to nonmember countries. This paper investigates ***whether evidence exists for diversion of FDI from Latin America to Mexico both before and after NAFTA to examinethe*** impact of regional integration agreements (RIAs) on FDI inflow by conducting simulations based on a gravity model. A cursory observation of recent FDI trends might give rise to such claims of diversion. Over the post-NAFTA period as a whole, this paper finds that Mexico's FDI performance was not significantly different from the Latin American norm. The findings lead us to conclude that there is no evidence of FDI diversion between these two regions. The fact that stock adjustment is completed in Mexico may be one of the reasons that Mexico has not shown expected FDI inflow ratios.

2003 ◽  
Vol 35 (4) ◽  
pp. 721-750 ◽  
Author(s):  
ROBERT ANDOLINA

A crucial development in current Latin American politics is the growing involvement of indigenous movements in democracies grappling with the challenges of regime consolidation. This article examines how Ecuador's indigenous movement consecrated new rights and national constitutive principles in the 1997–8 constitutional assembly. It argues that the indigenous movement defined the legitimacy and purpose of the assembly through an ideological struggle with other political actors, in turn shaping the context and content of constitutional reforms in Ecuador. The article concludes that softening the boundary between ‘cultural politics’ and ‘institutional politics’ is necessary in order to understand the impact of social movements in Latin America.


2008 ◽  
Vol 55 (3) ◽  
pp. 279-308
Author(s):  
Jean-Pierre Allegret ◽  
Alain Sand-Zantman

This paper assesses the monetary consequences of the Latin-American integration process. Over the period 1991-2007, we analyze a sample of five Latin-American countries focusing on the feasibility of a monetary union between L.A. economies. To this end, we study the issue of business cycle synchronization with the occurrence of common shocks. First, we assess the international disturbances influence on the domestic business cycles. Second, we analyze the impact of the adoption of different exchange rate regimes on the countries' responses to shocks. .


2009 ◽  
Vol 35 (S1) ◽  
pp. 169-188 ◽  
Author(s):  
DIANA TUSSIE

AbstractThe breakdown of the North-South, East-West governing principles, and the removal of superpower overlay have led to an increasingly decentralised system setting the stage for the so called new geography of trade and the reconfiguration of political – diplomatic strategies. Such strategies now include contestation, articulation, competitive liberalisation, ample inter-state coalition building such as the G-20, G-33, G-90 in the Doha Round and the proliferation of regional and wider ranging preferential arrangements. Regionalism is both policy and project. Agreements vary widely in motivation, form, coverage and content. It is very often the case that, as in multilateral institutions, one major actor sets the agenda at the regional level with the view not only of constructing and retaining power at that level but also of setting global precedents. New balancing or bandwagoning efforts vis-à-vis the local strong power are set in motion with fresh implications for the emerging global architecture. Regional alignments are thus constantly shaping and reshaping market relations. Intra-Latin American agreements (those not including the majors, the US and the EU) were motivated by the search for wider markets building up economies of scale amongst similar countries. Such agreements mostly focused on market liberalisation through diverse schedules of tariff reduction. The result has been the emergence of shallow regional agreements. Nonetheless, most have not been fully implemented, but they show a long term trend towards potential convergence, especially if the Community of South American Nations moves on. External pressures have also spurred agreements as defensive mechanisms. So we witness impulses to regionalism complementing and at times competing with older patterns and trends. This contribution focuses on the different avenues that Latin America is undertaking in terms of regional projects. It will assess the dynamics of intra- regional integration and the inter-action effects with varieties of North-South integration.


2021 ◽  
Vol 39 (15_suppl) ◽  
pp. 1537-1537
Author(s):  
Carolina Bernabe Ramirez ◽  
Ana I. Velazquez Manana ◽  
Coral Olazagasti ◽  
Cristiane Decat Bergerot ◽  
Enrique Soto Perez De Celis ◽  
...  

1537 Background: The severe acute respiratory syndrome 2 (SARS-cov-2) virus causing COVID-19 has brought great challenges to global health services affecting cancer care delivery, outcomes, and increasing the burden in oncology providers (OP). Our study aimed to describe the challenges that OP faced while delivering cancer care in Latin America. Methods: We conducted an international cross-sectional study using an anonymous online survey in Spanish, Portuguese, and English. The questionnaire included 43 multiple choice questions. The sample was stratified by OP who have treated patients with COVID-19 versus those who have not treated patients with COVID-19. Data was analyzed with descriptive statistics and Chi-square tests. Results: A total of 704 OP from 20 Latin American countries completed the survey (77% of 913 who started the survey). Oncologists represented 46% of respondents, followed by 25% surgical-oncologists. Of the respondents, 56% treated patients with COVID-19. A significant proportion of OP reported newly adopting telemedicine during COVID-19 (14% vs 72%, p=0.001). More than half (58%) of OP reported making changes to the treatments they offered to patients with cancer. As shown in the table, caring for patients with COVID-19 significantly influenced practice patterns of OP. Access to specialty services and procedures was significantly reduced: 40% noted significantly decreased or no access to imaging, 20% significantly decreased or no access to biopsies, 65% reported delays in surgical oncology referrals, and 49% in radiation oncology referrals. A vast majority (82%) reported oncologic surgeries were delayed or cancelled, which was heightened among those treating patients with COVID-19 (87% vs 77%, p=0.001). Conclusions: The COVID-19 pandemic has significantly affected the way cancer care is delivered in globally. Although changes to healthcare delivery are necessary as a response to this global crisis, our study highlights the significant disruption and possible undertreatment of patients with cancer in Latin America that results from COVID-19.[Table: see text]


2017 ◽  
Vol 10 (1) ◽  
pp. 16-20 ◽  
Author(s):  
José Rojas-Suarez ◽  
Niza Suarez ◽  
Oier Ateka-Barrutia

Maternal mortality is an important indicator of health in populations around the world. The distribution of maternal mortality ratio globally shows that middle- and low-income countries have ∼99% of the mortality burden. Most countries of Latin America are considered to be middle- or low-income countries, as well as areas of major inequities among the different social classes. Medical problems in pregnancy remain an important cause of morbidity and mortality in this region. Previous data indicate the need for a call to action for adequate diagnosis and care of medical diseases in obstetric care. The impact of nonobstetric and medical pathologies on maternal mortality in Latin America is largely unknown. In Latin America, two educational initiatives have been proposed to improve skills in maternity care. The Advanced Life Support in Obstetrics (ALSO®) was first started to address obstetric emergencies, and subsequently adapted for low-middle-income country settings as the Global ALSO®. In parallel, the Latin American obstetric anesthesia community has progressively focused on improvement of several intrapartum/intraoperative issues, which has secondarily taken them to embrace the obstetric medicine area on interest and join the former initiatives. In the present review, we summarize the available data regarding medical morbidity and mortality in pregnancy in Latin America, as well as the challenges, achievements, issues, initiatives, and future directions encouraging maternal health educators, health care trainers, and physicians in middle- and low-income countries, such as many Latin American ones, to improve and/or change attitudes, if needed, on current clinical practice.


Author(s):  
Carlos Oliva Campos ◽  
Gary Prevost

The uniting core of all the Cuban revolutionary government’s unfolding politics toward Latin American and Caribbean countries has been based on three foundational tenets: the staunch defense of a unified perspective that spans national to regional; the recovery of the historic principles of regional integration defended by Simón Bolívar and José Martí, and the unalterable anti-imperialist position of its international relations. Unlike the enormous negative impacts that the demise of the Union of Soviet Socialist Republics (USSR) and Eastern-European socialism caused Cuba, the new political and geo-economic scene of the post–Cold War turned out to be very favorable for a Cuban government that shifted to redefine its relationships with Latin America and the Caribbean. This was strengthened by the victory of progressive and leftist governments in influential countries such as Brazil, Argentina, and Venezuela. The new regional circumstances have been the most propitious for the development of the integrationist vision historically supported by the Cuban Revolution.


Author(s):  
Ana Carolina Mauad

Paradiplomacy refers to the international politics of subnational governments, such as cities and states. Latin American subnational actors have been actively performing paradiplomacy actions since the 1990s, fostering a research agenda that is closely connected with the policy practice. In a context of democratization and regional integration, paradiplomacy tends to grow and expose challenges regarding legal and institutional settings within federalist countries while dialoguing with global dynamics.


2010 ◽  
Vol 66 (3) ◽  
pp. 379-392
Author(s):  
Vincent Peloso

Stanley J. Stein, Walter Samuel Carpenter III Professor of Spanish Civilization and Culture and Professor of History, Emeritus, at Princeton University, is a lifelong Latin Americanist. Together with his late wife Barbara, herself an accomplished bibliographer and historian of the region, Professor Stein wrote several books and articles that put their stamp on methods of writing the social history of modern Latin America, specifically on the impact of colonialism and industrialism in Mexico and Brazil in the eighteenth and nineteenth centuries. It is fair to say that no one who studied Latin American history over the last 35 years would have failed to engage the slim, elegantly written synthesis, The Colonial Heritage of Latin America: Essays on Economic Dependence in Perspective (1970). Recipients of grants and fellowships from the Social Science Research Council, the Guggenheim Memorial Foundation, and the National Endowment for the Humanities, singly or together, the Steins were honored for their path-breaking studies with the CLAH Robertson and Bolton prizes, the Conference on Latin American History Distinguished Service Award (1991), and the American Historical Association Award for Scholarly Distinction (1996).


Mathematics ◽  
2020 ◽  
Vol 8 (11) ◽  
pp. 1882
Author(s):  
Marta Bengoa ◽  
Blanca Sanchez-Robles ◽  
Yochanan Shachmurove

Latin America has experienced a surge in foreign direct investment (FDI) in the last two decades, in parallel with the ratification of major regional trade agreements (RTAs) and bilateral investment treaties (BITs). This paper uses the latest developments in the structural gravity model theory to study if the co-existence of BITs and two major regional agreements, Mercosur and the Latin American Integration Association (ALADI), exerts enhancing or overlapping effects on FDI for eleven countries in Latin America over the period 1995–2018. The study is novel as it accounts for variations in the degree of investment protection across BITs within Latin America by computing a quality index of BITs. It also explores the nature of interactions (enhancing/overlapping effects) between RTAs and BITs. The findings reveal that belonging to a well-established regional trade agreement, such as Mercosur, is significantly more effective than BITs in fostering intra-regional FDI. Phasing-in effects are large and significant and there is evidence of enhancing effects. Results within the bloc are heterogeneous: BITs exert a positive, but small effect, for middle income countries. However, BITs are not effective in attracting FDI in the case of middle to low income countries, unless these countries ratify BITs with a high degree of investment protection.


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