Trade and Integration Monitor 2017: Beyond the Recovery, Competing for Market Share in the Digital Era

November 15, 2017

The value of exports from Latin America and the Caribbean (LAC) started to recover in 2016, and increased a notable 13.2% year-on-year in the first half of 2017. The regional recovery, however, was driven by a volatile increase in prices associated with a fragile expansion of export volumes, concentrated moreover in a few economies. Despite the recent trend reversal, in a medium-term perspective, the region has lost participation in several markets, particularly the intraregional one, and mostly due to low competitiveness. Coming out of the longest trade recession in its recent history, LAC faces a global scenario in which the tailwinds that sustained the pre-crisis growth have run out, and uncertainty regarding access to external markets has increased.

Read Full Material: Link


Topics: REGIONAL INTEGRATION ECONOMIC INTEGRATION

Regions: LATIN AMERICA AND THE CARIBBEAN (LAC)

Authors: PAOLO GIORDANO

Publishing Institution: INTER-AMERICAN DEVELOPMENT BANK

RTA

Other Research

RTA

Facilitation 2.0: Services and Trade in the Digital Age

October 1, 2018

Although services facilitation is recent topic of discussion at the World Trade Organization, it is not novel in the context of regional trade agreements (RTAs), where provisions on increased trans... READ MORE

RTA

Facilitation 2.0: E-Commerce and Trade in the Digital Age

September 27, 2018

With a growing number of transactions available on the internet, the interconnection between regulatory issues creates unprecedented complexities for both transaction subjects and policymakers. Thr... READ MORE