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Author: Royce Q. Shaw
Publisher: Routledge
ISBN: 0429726767
Category : Political Science
Languages : en
Pages : 280
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Book Description
This study challenges several widely held assumptions about Central American economic integration, arguing that the key to understanding the failure of the integration program lies in neither advanced economic nor regional integration theory, but in the domestic politics of the states involved. Thus, the author contends that the Common Market was not the cause of the balance-of-payments and balanced-growth crises in Central America; rather, domestic political forces were the major factor in the collapse of the market and the subsequent attempts at restructuring. Professor Shaw disputes the standard interpretations of the role of the technocrats in the integration process and demonstrates that the domestic political elites played an important role throughout. He also challenges the assumption that economic integration is always a force for conciliation, pointing out that the Common Market aggravated some of the conflicts that led to war between El Salvador and Honduras in 1969. Nor are integration programs among less developed countries necessarily instruments of political and social change, according to this analysis; on the contrary, political elites used the Common Market to bypass the internal economic reforms necessary for national development. This study incorporates new material—interview data and other primary source material—on events of the past eight years.
Author: Royce Q. Shaw
Publisher: Routledge
ISBN: 0429726767
Category : Political Science
Languages : en
Pages : 280
Get Book Here
Book Description
This study challenges several widely held assumptions about Central American economic integration, arguing that the key to understanding the failure of the integration program lies in neither advanced economic nor regional integration theory, but in the domestic politics of the states involved. Thus, the author contends that the Common Market was not the cause of the balance-of-payments and balanced-growth crises in Central America; rather, domestic political forces were the major factor in the collapse of the market and the subsequent attempts at restructuring. Professor Shaw disputes the standard interpretations of the role of the technocrats in the integration process and demonstrates that the domestic political elites played an important role throughout. He also challenges the assumption that economic integration is always a force for conciliation, pointing out that the Common Market aggravated some of the conflicts that led to war between El Salvador and Honduras in 1969. Nor are integration programs among less developed countries necessarily instruments of political and social change, according to this analysis; on the contrary, political elites used the Common Market to bypass the internal economic reforms necessary for national development. This study incorporates new material—interview data and other primary source material—on events of the past eight years.
Author: Royce Q. Shaw
Publisher:
ISBN: 9780429047800
Category : Central America
Languages : en
Pages :
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Book Description
Author: Jeffrey B. Nugent
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Monograph on economic integration in Central America - covers alternative economic theories and methodologys for assessing trade and other effects of customs unions and the measurement of the effects of the Central American common market, and includes econometric models showing the potential income improvement of coordination of monetary policy and fiscal policy at the regional level, together with suggestions for further economic research. Bibliography pp. 193 to 203, references and statistical tables.
Author: Rafael A. Sánchez Sánchez
Publisher: Routledge
ISBN: 1135843457
Category : Business & Economics
Languages : en
Pages : 248
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Book Description
This book charts the key stages of Central American integration and demonstrates the advances and limitations of governments cooperating at a level of integration that goes beyond the confines of the nation-state.
Author: Hans C. Blomqvist
Publisher:
ISBN:
Category : Central America
Languages : en
Pages : 90
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Book Description
Author: Roger D. Hansen
Publisher: [Washington] : National Planning Association
ISBN:
Category : Central America
Languages : en
Pages : 132
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Book Description
Author: Mauricio Mesquita Moreira
Publisher: Inter-American Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 141
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Book Description
What can be said of Latin America and the Caribbean's experiment with regional integration? Did it live up to the expectations? What does this experience say about the regional integration agenda moving forward? Do the tectonic changes undergone by the world economy in the last quarter of a century matter for policy design? This report offers answers to these pressing questions. It argues that while the "new regionalism" was in general effective to promote international trade, it failed to boost the region's competitiveness abroad. Fragmentation is seen as the original sin, and convergence the path to redemption. The policy recommendations offer different routes to convergence, from a cautious, cumulation of rules or origin approach to a non-stop sprint to a LAC-FTA. But they all come with a warning: in the current challenging trade environment, the benefits of caution might be too little, too late.
Author: Norbert Fiess
Publisher: World Bank Publications
ISBN:
Category : Business Cycle
Languages : en
Pages : 19
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Book Description
Abstract: In early January 2003, the United States and Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua launched official negotiations for the Central American Free Trade Agreement (CAFTA), a treaty that would expand NAFTA-style trade barrier reductions to Central America. With deeper trade integration between Central America and the United States, it is expected that there will be closer links in business cycles between Central American countries and the United States. The paper finds a relatively low degree of business cycle synchronization within Central America as well as between Central America and the United States. The business cycle synchronization is expected to increase only modestly with further trade expansion, making the coordination of macroeconomic policies within CAFTA somewhat less of a priority.
Author: George Irvin
Publisher: Routledge
ISBN: 0429713606
Category : Political Science
Languages : en
Pages : 186
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Book Description
This book addresses selected aspects of reconstructing Central American's industrial and trading system. Special attention is given to the role of the European Community in regional reconstruction and integration and analyzes the economic legacy of the 1980s and the impact of adjustment policy. .
Author: Institute for European-Latin American Relations
Publisher:
ISBN:
Category : Central America
Languages : en
Pages : 292
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Book Description
Recoge: Part I: Central America - Part II: The Andean Pact - Part III: The Southern cone - Part IV: The search of new forms of regional cooperation - Conclusions - Anexes.
