Intraregional Trade of the Least-Developed-Members of Latin American Integration Systems

1985 ◽  
Vol 27 (4) ◽  
pp. 75-94 ◽  
Author(s):  
Francisco E. Thoumi
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Natural Resources ◽  
Latin American ◽  
Economic Integration ◽  
Natural Resource ◽  
Costs And Benefits ◽  
Manufacturing Sectors ◽  
Manufactured Goods

Differences in the degree of economic development and diversification among members of economic integration systems could easily create obstacles to economic integration, as they tend to have an impact on the distribution of costs and benefits of economic integration processes.There are several reasons why the Least Developed Members (LDMs) within integration movements in Latin America are likely to be losers in the integration processes taking place within the region. First, the economies of these countries are less diversified than those of the more advanced countries. The LDMs have manufacturing sectors which are not well developed and which are concentrated in productive branches which process natural resources. When these countries join an integration movement with countries with more advanced and diversified manufacturing sectors, they would tend to import manufactured goods which are more protected than the natural-resource-based goods which they are likely to export.

Remarks by Jorge Kamine

2020 ◽  
Vol 114 ◽  
pp. 332-334
Author(s):  
Jorge Kamine
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
Economic Integration ◽  
Trade Agreement ◽  
The European Union ◽  
Political Leaders ◽  
Common Features ◽  
American States ◽  
Definition Of

If we focus on the past sixty years, which coincides with the founding of the Inter-American Development Bank (IADB), we can unequivocally say that there have been a number of notable and successful examples of “multilateralism” in Latin America in the context of economic development and integration. This assumes we define “multilateralism” broadly as groups of countries in Latin America (1) cooperating or participating in institutions, organizations, and initiatives that include more than two countries; (2) which include among their goals or objectives the advancement of economic development or economic integration in the region; and (3) which have produced or resulted in some economic outcome or benefit for the participating countries that we generally believe could not have been achieved by one country alone. While this definition may not perfectly follow John Ruggie's definition, my formulation of the definition of “multilateralism” ensures that we do not overlook or discount important examples of institutions formed by Latin American states and other states that are based on principles to address issues of common concern, namely economic development in the region. The advances and benefits that have been achieved through these institutions have been significant even if the more ambitious (and perhaps more aspirational) goals over the years of certain Latin American political leaders of a broader inter-American political and economic integration modeled on the European Union or even the narrower (but also ambitious) goal of projects focused on economic integration, like the Free Trade Agreement of the Americas (FTAA), have not been fully achieved. Based on the definition that I have proposed of “multilateralism” with its focus on economic development, I would highlight some common features of the examples and cases where we have seen successful multilateralism and common features of the challenges that have been encountered in advancing multilateralist projects.

scholarly journals The Influence of Government Effectiveness and Corruption on the High Levels of Homicide in Latin America

2021 ◽  
Vol 10 (5) ◽  
pp. 172
Author(s):  
Spencer P. Chainey ◽  
Gonzalo Croci ◽  
Laura Juliana Rodriguez Forero
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
International Variation ◽  
Government Effectiveness ◽  
Latin American Region ◽  
Socio Economic Development ◽  
Structural Variables ◽  
The Relationship ◽  
Latin America Region

Most research that has examined the international variation in homicide levels has focused on structural variables, with the suggestion that socio-economic development operates as a cure for violence. In Latin America, development has occurred, but high homicide levels remain, suggesting the involvement of other influencing factors. We posit that government effectiveness and corruption control may contribute to explaining the variation in homicide levels, and in particular in the Latin America region. Our results show that social and economic structural variables are useful but are not conclusive in explaining the variation in homicide levels and that the relationship between homicide, government effectiveness, and corruption control was significant and highly pronounced for countries in the Latin American region. The findings highlight the importance of supporting institutions in improving their effectiveness in Latin America so that reductions in homicide (and improvements in citizen security in general) can be achieved.

New World Economic Development Trends and Latin America

2016 ◽  
Vol 60 (4) ◽  
pp. 48-60
Author(s):  
L. Klochkovsky
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
New World ◽  
The United States ◽  
Economic Relations ◽  
Technological Gap ◽  
World Markets ◽  
The Future ◽  
World Economic

There are substantial changes in the evolution of world economy and world economic relations. The growth rates of international trade have diminished two-fold, the prices for oil and other commodities have fallen, and the competition on world markets has sharpened greatly. These new trends complicate fundamentally external conditions for the economic development of peripheral regions, especially Latin America. Latin American countries have reached a phase of considerable economic deceleration. Under these circumstances, there is an urgent need for reconsideration of key conclusions made by some Russian experts on the possibilities of the future economic and social growth of Latin America. The author examines the most discussed aspects of the Latin American modern economic situation – the deepening technological gap and slow rates of technological progress, the limited role of internal economic motive forces, the conservation of foreign economic dependence. The future of Latin America’s economic development is uncertain in many respects and will depend greatly on foreign economic conditions. The new world balance opened important additional possibilities for Latin America on world markets. China has converted into the second largest economic partner of the region. But there is a number of complicated problems in their relations that need an urgent regulation. At the same time, the strategic task for Latin America consists in finding of effective ways for further broadening of economic relations with the United States in terms of equality and mutual benefit.

State Musical Populisms

2020 ◽  
pp. 98-138
Author(s):  
Pablo Palomino
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Music Education ◽  
Latin American ◽  
State Building ◽  
The State ◽  
Comparative History ◽  
Cultural Activism ◽  
History Of ◽  
The Masses

This chapter shows the emergence of a regional sense of Latin America as part of the musical pedagogy of the nationalist states at the peak of the state-building efforts to organize, through a variety of instruments of cultural activism, what at the time were called “the masses.” It analyzes particularly the cases of Brazil, Mexico, and Argentina—the three largest countries of the time in population and economic development—from the 1910s through the 1950s. It proposes a comparative history of Latin American musical populisms, focusing in particular on policies of music education, broadcasting, censorship, and experiences of state-sponsored collective singing.

Regional and Preferential Agreements: The ‘Pacific’ and ‘Atlantic’ Styles in Latin America

2019 ◽  
pp. 623-649
Author(s):  
Rodrigo Polanco Lazo
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic Integration ◽  
Economic Liberalization ◽  
Important Group ◽  
The Pacific ◽  
Institutional Responses ◽  
Investment Agreements ◽  
Latin American Countries ◽  
Trade And Investment

Nowadays, two fundamentally different institutional responses to global economic liberalization coexist in Latin America: the ‘Atlantic style’ (closer to closed regionalism) and the ‘Pacific style’ (closer to open regionalism). In the context of never-ending efforts of an elusive Latin-American integration, this chapter advances the idea that the Trans-Pacific Partnership (TPP) is at least successful in consolidating a model of economic integration based on preferential trade and investment agreements for an important group of Latin American countries that follow the ‘Pacific’ style. Whereas the Pacific Alliance countries have embraced neoliberal trade and investment agreements actively and expanded their scope of influence, other countries, such as the Bolivarian Alliance, have responded with active counter-organizing but with fading influence in the region. But as often happens in Latin America, these styles are not absolute and being tempered by countries like Argentina that have blends or pragmatist (pick-and-choose) strategies, taking elements from both styles.

Indigenous Movements in Latin America

2019 ◽  
Author(s):  
Marc Becker ◽  
Richard Stahler-Sholk
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Natural Resources ◽  
Social Movement ◽  
Indigenous Languages ◽  
Indigenous Movements ◽  
Buen Vivir ◽  
The Public ◽  
Living Well ◽  
Public Consciousness

Political developments in Latin America have driven academic interest in Indigenous movements. This phenomenon emerged most clearly in the aftermath of massive uprisings that led to a flood of publications framed as “the return of the Indian” to the public consciousness. Much of our understanding of the history and trajectory of social movement organizing is a result of publications in response to these protests. Contemporary political concerns continue to inform much of the cutting-edge research on Indigenous movements. These issues include relations between social movements and elected officials (often framed as debates over horizontalism versus authoritarianism) and whether the extraction of natural resources can lead to economic development, including intense discussions over neoextractivism and the sumak kawsay, the Quechua term for living well (with equivalent phrases in other Indigenous languages, often translated in Spanish as buen vivir).

The Role of the State Oil Company in Latin America

1992 ◽  
Vol 10 (2) ◽  
pp. 79-88
Author(s):  
A.A. Teixeira
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic Integration ◽  
International Markets ◽  
Oil Companies ◽  
Private Organization ◽  
Role Of The State ◽  
Self Sufficiency ◽  
Oil Company

ARPEL is a private organization working for the benefit of its 20 member companies as well as promoting the economic integration of their respective countries. The Latin American State Oil Companies (LASOCs) are responsible for 80% of petroleum activities in the region, which in 1990 amounted to 7.4 mbd or 11.4% of the world's production. Mexico and Venezuela are responsible for 2/3 of the output. The LASOCs. besides filling domestic needs and seeking country self-sufficiency, look for opportunities for participation in international markets and to attract external investment.

European franchise expansion into Latin America

2015 ◽  
Vol 38 (2) ◽  
pp. 149-165 ◽  
Author(s):  
Verónica Baena
Keyword(s):  
Economic Development ◽  
Latin America ◽  
Latin American ◽  
Political Stability ◽  
Market Potential ◽  
Geographical Distance ◽  
Market Conditions ◽  
Content Type ◽  
The Usa ◽  
Latin American Countries

Purpose This study aims to enhance the knowledge that managers and scholars have on franchising expansion. In this sense, it is worth mentioning that although the body of literature on international management focusing on emerging markets is growing, the attention paid to the Latin American context continues to be limited. This is surprising given the substantive economic importance of the region with a population over 590 million, and a gross domestic product of approximately US$5 trillion. To cover this gap, the present study examines how a number of market conditions may drive diffusion of franchising into Latin America: geographical distance, cultural distance, political stability and economic development. The authors also controlled for the host country’s market potential, transparency, unemployment rate and efficiency of contract enforcement. Design/methodology/approach This study uses a quantitative approach applied to a sample of 77 Spanish franchisors operating through 4,064 franchisee outlets across 21 Latin American countries in late 2012. They are: Argentina, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Bolivia, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay and Venezuela. Findings Results conclude that geographical distance between the host and home countries, as well as the level of host country’s political stability, economic development, market potential and transparency are able to drive the spread of international franchising across Latin American nations. Research limitations/implications This study provides readers with a general overview of the current state of global franchising diffusion overseas. Results obtained in this study are useful for understanding and predicting the demand for franchising in Latin American countries. Practical implications Economics reports argue that by 2050, the largest economies in the world will be China, the USA, India, Brazil and Mexico. This fact highlights the substantive importance of Latin America for foreign investors willing to expand their business abroad. In an attempt to give insights from the Latin American context, the present paper develops and tests a model that can be useful to franchisors willing to establish new outlets in the region. In addition, our findings offer guidance to firm managers seeking to target their franchises in Latin America. Franchisors may then use the results of this study as a starting point for identifying such regions whose characteristics best meet their needs of expansion. Originality/value This paper explores how market conditions may drive international diffusion of franchising into Latin American markets. The scant theoretical or empirical attention given to this topic has usually been examined from the USA and British base and focused on developed markets. To fill this gap, the present study analyzes the international spread of the Spanish franchise system into Latin America as a market for franchising expansion.

The Andean Common Market: A New Thrust at Economic Integration in Latin America

1972 ◽  
Vol 14 (2) ◽  
pp. 225-250 ◽  
Author(s):  
Kevin C. Kearns
Keyword(s):  
Latin America ◽  
Free Trade ◽  
Latin American ◽  
Economic Integration ◽  
Common Market ◽  
Central American ◽  
Trade Association ◽  
Common Problems ◽  
British Commonwealth ◽  
The 1960S

The decade of the 1960s could well be termed the First Economic Integration Decade in Latin America. During this period the republics of Latin America experienced a “collective awakening,” inspiring an environment in which superficial and exclusivist values gave way to pragmatic and cooperative attitudes. Economic alliances were formed among neighbors, predicated on the rationale that, by joining forces in the spirit of cooperation and applying an ecumenical approach to common problems, each of the participating countries would be better off than pursuing a strictly autarkic course (see Figure 1).The initial effort at integration was the Central American Common Market (CACM), formed in late 1960 and including all the countries of Central America except Panama.1 That same year, the Latin American Free Trade Association (LAFTA) was created and, measured in terms of territory and population, represented the most significant economic cooperative. A third grouping was the Caribbean Free Trade Association (CARIFTA), established in 1968 as an agreement among eleven British Commonwealth nations and territories.

The Study of the Relationship between Natural Resource Abundance and Economic Growth

2013 ◽  
Vol 734-737 ◽  
pp. 3337-3341 ◽  
Author(s):  
Zhin Bin Li ◽  
Hong Juan Deng ◽  
An Shun Cheng
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Natural Resources ◽  
Natural Resource ◽  
Policy Recommendations ◽  
Resource Abundance ◽  
The Relationship

The interrelationship between natural resource and economic development, hasn't reached an agreement. Some economists believe that rich natural resources promote economic growth. On the contrary, some economists think that rich natural resources hinder economic growth. Based on previous studies, this paper studies the relationship between natural resource and economic growth in our country. We try to explain the "Curse of Resources" through an example of Shanxi. Finally, we give some policy recommendations to avoid the "Curse of Resources".

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