scholarly journals Integration Processes in Latin America

2018 ◽  
Vol 1 (1) ◽  
pp. 64
Author(s):  
Joaquín Flores Paredes ◽  
Susana Wong Chan ◽  
Duayner Salas Chaverri
Keyword(s):  
Economic Integration ◽  
Free Trade Agreement ◽  
Quantitative Measurement ◽  
Trade Agreement ◽  
Central American ◽  
Integration Process ◽  
Policy Changes ◽  
Us Trade Policy ◽  
Favorable Conditions ◽  
The Relationship

After describing, within the framework of “Open Regionalism”, the tortuous process that the Central American countries have experienced to achieve their integration as a Common Market, this article analyses the relationship between these countries and Mexico, through the Free Trade Agreement signed among them. Once it is shown that the integration process of the Central American countries is on an impasse, the article explores the possibilities to advance on the economic integration between Mexico and the region. Using quantitative measurement and qualitative elements, this article identifies favorable conditions for such integration to be initiated by Mexico and Costa Rica, whether or not US trade policy changes towards the region.

scholarly journals A Study of the Environmental Issues Associated with the Dominican RepublicCentral American Free Trade Agreement (DR-CAFTA)

2011 ◽  
Vol 8 (1) ◽  
Author(s):  
Shyamalendu Sarkar
Keyword(s):  
Free Trade ◽  
Capital Investment ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Economic Incentives ◽  
Central American ◽  
Environmental Objectives ◽  
Environmental Requirements ◽  
The U.S

The Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) with the United States was passed on July 28, 2005. The main goal of DR-CAFTA is to create a free trade zone for economic development. The Agreement is highly controversial with many contentious issues including concern about the environment, which is the focus of this study. The concern is that the environmental objectives are expected to be subservient to trade and other economic incentives which will lead to further deterioration of the environment in countries where the environmental standards are already low. The effects on the U.S. environment are expected to be minimal. However, it is feared that the U.S. manufacturing facilities may relocate to Central American countries to take advantage of low wages and low environmental requirements, which may result in loss of jobs and capital investment in the U.S. However, overall DR-CAFTA is expected to be beneficial in many ways, including an increase in trade and economic growth in all participating countries.

Central American integration through infrastructure development: A case study of Costa Rican hydropower

2016 ◽  
Vol 6 (1) ◽  
pp. 96-115 ◽  
Author(s):  
Denielle M. Perry ◽  
Kate A. Berry
Keyword(s):  
United States ◽  
Central America ◽  
Free Trade ◽  
Regional Integration ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The United States ◽  
Global Market ◽  
Central American ◽  
Infrastructure Development

At the turn of the 21st century, protectionist policies in Latin America were largely abandoned for an agenda that promoted free trade and regional integration. Central America especially experienced an increase in international, interstate, and intraregional economic integration through trade liberalization. In 2004, such integration was on the agenda of every Central American administration, the U.S. Congress, and Mexico. The Plan Puebla-Panama (PPP) and the Central America Integrated Electricity System (SIEPAC), in particular, aimed to facilitate the success of free trade by increasing energy production and transmission on a unifi ed regional power grid (Mesoamerica, 2011). Meanwhile, for the United States, a free trade agreement (FTA) with Central America would bring it a step closer to realizing a hemispheric trade bloc while securing market access for its products. Isthmus states considered the potential for a Central America Free Trade Agreement (CAFTA) with the United States, their largest trading partner, as an opportunity to enter the global market on a united front. A decade and a half on, CAFTA, PPP, and SIEPAC are interwoven, complimentary initiatives that exemplify a shift towards increased free trade and development throughout the region. As such, to understand one, the other must be examined.

scholarly journals The Impact of Potential Korea-U.S. Free Trade Agreement Renegotiation on the Korean Rice Market and Trade

2019 ◽  
Vol 51 (3) ◽  
pp. 434-449
Author(s):  
Byung Min Soon ◽  
Patrick Westhoff ◽  
Wyatt Thompson
Keyword(s):  
Free Trade Agreement ◽  
Structural Model ◽  
Consumer Preferences ◽  
Trade Agreement ◽  
Tariff Rate ◽  
Policy Changes ◽  
Import Quota ◽  
Rice Market ◽  
The Impact ◽  
Korean Rice

AbstractKorea replaced its rice import quota with a tariff rate quota (TRQ) in 2015. A structural model representing the Korean rice market is developed to evaluate this new trade policy and examine the possibility of Korean rice imports under uncertainty. Results indicate that rice imports in excess of the current TRQ quantity are unlikely for a range of market conditions. Two scenarios, which are the over-quota tariff rate reduction and the TRQ quantity expansion, show how the market responds to policy changes. In addition, Korean rice imports are sensitive to consumer preferences for different rice types.

scholarly journals Economic analysis of deforestation in Mexico

1996 ◽  
Vol 1 (2) ◽  
pp. 203-239 ◽  
Author(s):  
Edward B. Barbier ◽  
Joanne C. Burgess
Keyword(s):  
Free Trade Agreement ◽  
State Level ◽  
Trade Agreement ◽  
Forest Land ◽  
Policy Changes ◽  
Factors Affecting ◽  
The North ◽  
Key Policy ◽  
Beef Prices ◽  
Sectoral Policy

ABSTRACTThis paper uses panel analyses to estimate relationships for agricultural planted area and beef cattle numbers at the state level in Mexico during the period 1970–85, in order to determine the main factors affecting forest land conversion. Of the key policy variables, maize and fertilizer prices appear to be the main influences on the expansion of planted area, whereas beef prices and credit disbursement influence cattle numbers. Population growth also affects both livestock and agricultural activities, and income per capita is positively correlated with cattle expansion. These estimated relationships are used to examine the effects both of agricultural and livestock sectoral policy changes and of trade liberalization in Mexico resulting from the North American Free Trade Agreement (NAFTA). To avoid any unintended impacts of NAFTA on deforestation, it may be necessary for Mexico to make complementary investments in land improvements, especially for existing cultivation on rainfed land.

Honduras rebound from 2020 recession will be sluggish

2020 ◽  
Keyword(s):  
Free Trade Agreement ◽  
Oil Prices ◽  
Trade Agreement ◽  
Central American ◽  
Economic Recovery ◽  
Content Type ◽  
The Government ◽  
Health Situation ◽  
Increased Activity ◽  
Poor Infrastructure

Significance Hotels and restaurants, private construction and manufacturing suffered the sharpest declines. A gradual reopening of the economy since June should drive increased activity in the second half of the year unless the health situation worsens, forcing the government to back-pedal. Impacts Inflation will remain within the central bank’s target (5.5% plus or minus 1 percentage point) on the back of moderate oil prices. Corruption, violent crime and poor infrastructure will hinder Honduras’s post-pandemic economic recovery. Implementation of the Dominican Republic-Central American Free Trade Agreement will help diversify Honduras’s exports.

The eu-Vietnam Free Trade Agreement – A Successful Attempt to Protect Vietnam’s Environment While Pushing for Economic Integration?

2017 ◽  
Vol 14 (2) ◽  
pp. 208-222
Author(s):  
Heidi Stockhaus
Keyword(s):  
European Union ◽  
Free Trade ◽  
Economic Integration ◽  
Free Trade Agreement ◽  
Trade Agreement ◽  
The European Union ◽  
The Past ◽  
Successful Attempt ◽  
Trade And Investment ◽  
The Eu

The new free trade agreement with the European Union will bring Vietnam’s economic integration to a new level once it enters into force. In the past, the associated economic growth has led to environmental deterioration due to inappropriate regulations and poor enforcement. Currently, environmental problems are visible everywhere and attract the attention of citizens as well as lawmakers. The new free trade agreement establishes a framework for sustainable development in the context of trade and investment. The relevant provisions aim to maintain Vietnam’s right to regulate for the targeted protection level, require the country to take measures to mitigate the pressure on the environment, and open the door for cooperation with the European Union. However, it remains to be seen, whether these provisions balance the risks associated with the increase in trade and investment through the free trade agreement.

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