Better Neighbors: Toward a Renewal of Economic Integration in Latin America (Latin America and Caribbean Studies)
Better Neighbors: Toward a Renewal of Economic Integration in Latin America (Latin America and Caribbean Studies) by Chad P. Bown
English | Mar. 15, 2017 | ISBN: 1464809771 | 199 Pages | PDF | 21 MB
English | Mar. 15, 2017 | ISBN: 1464809771 | 199 Pages | PDF | 21 MB
The Latin America and Caribbean region experienced considerable economic growth during the first decade of the 21st century, and with it, large reductions in poverty and inequality. In recent years, without the favorable terms of trade that had fueled this boom, the region s policy makers have been scrambling to find new sources for sustainable growth and stability.
Better Neighbors: Toward a Renewal of Economic Integration in Latin America proposes a renewal of open regionalism, whereby efforts to promote a more cohesive region and to integrate with the world economy are tackled in tandem. Pro-growth global integration is difficult to achieve without a strong neighborhood. The challenge is to design a regional agenda comprising trade and factor market integration that can raise region-wide efficiency and help Latin America enhance its global competitiveness. To achieve this, Better Neighbors argues that Latin America s regional economic integration agenda should go well beyond the many preferential trading arrangements and include areas such as infrastructure, labor mobility, and the harmonization of regulatory standards.