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Better Neighbors

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dc.contributor.author Lederman, Daniel
dc.contributor.author Bown, Chad P.
dc.contributor.author Pienknagura, Samuel
dc.contributor.author Robertson, Raymond
dc.date.accessioned 2016-12-13T18:19:58Z
dc.date.available 2016-12-13T18:19:58Z
dc.date.issued 2017-03-14
dc.identifier.isbn 978-1-4648-0977-4
dc.identifier.uri http://hdl.handle.net/10986/25736
dc.description.abstract This book proposes a renewal of 'Open Regionalism' in Latin America and the Caribbean (LAC) aimed at achieving the region's goals of high growth with stability. The LAC region experienced a growth spurt with equity during the first decade of the 21st Century. It is well understood that an unsustainable demand boom fueled by terms-of-trade improvements drove this growth acceleration episode, especially in South America. Unfortunately, terms of trade are no longer fueling growth, and the region’s policymakers are in search of new sources of growth with stability. With the experience of East Asia and the Pacific in mind, many policymakers in LAC are looking to international economic ties as a potential source of stable growth. The challenge highlighted in this book lies in designing an integration agenda comprising trade and factor market integration that is conducive to region-wide efficiency gains, which can help LAC enhance its global competitiveness. The forces of geography imply that pro-growth global integration cannot be achieved without building a strong neighborhood. Thus, this volume argues that LAC's regional economic integration agenda needs to go well beyond the current spaghetti bowl of preferential trading arrangements. en
dc.language English
dc.language.iso en_US
dc.publisher Washington, DC: World Bank
dc.relation.ispartofseries Latin America and Caribbean Studies;
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject FACTOR INTEGRATION
dc.subject GLOBAL COMPETITIVENESS
dc.subject PREFERENTIAL TRADE AGREEMENTS
dc.subject MARKET INTEGRATION
dc.subject REGIONAL ECONOMIC INTEGRATION
dc.subject EFFICIENCY
dc.subject REGIONALISM
dc.subject EQUITY
dc.subject TERMS-OF-TRADE
dc.subject ECONOMIC GROWTH
dc.subject GROWTH ACCELERATION
dc.subject STABILITY
dc.subject BOOM
dc.title Better Neighbors en
dc.type Book en
dc.rights.holder World Bank
dc.title.subtitle Toward a Renewal of Economic Integration in Latin America


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