Cluster Report: Trade Integration in Latin America and the Caribbean

March 10, 2017

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Cluster Report: Trade Integration in Latin America and the Caribbean, (USA: International Monetary Fund, 2017) accessed September 19, 2024

Summary

This Cluster Report explores opportunities for trade integration in the Latin America and the Caribbean region. It finds that the region can reap significant growth benefits from further trade integration. With trade integration below that of other regions, there is scope for Latin America and the Caribbean to increase trade as an engine of growth to help offset the weaker economic outlook without damage to overall income inequality. There is potential to enhance both inter- and intraregional trade integration, but renewed political momentum within the region in support of greater trade openness could do much to further intraregional trade integration in particular.

Subject: Economic integration, Exports, International trade, Revenue administration, Trade agreements, Trade facilitation, Trade integration, Trade liberalization

Keywords: Asia and Pacific, Capital goods, Caribbean, Central America, Commodity exporter, Common market, Comparative advantage, CR, Economic growth, Export product, Exports, Global, ISCR, LAC country, LAC trade connectivity, South America, TPP participant, Trade agreement, Trade agreements, Trade connectivity, Trade diversion, Trade facilitation, Trade integration, Trade liberalization, Trade openness, Trading partner

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/066
Stock No:

1CLSEA2017001
ISBN:

9781475586015
ISSN:

1934-7685

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