 The Role of Sub-regional Agreements in Latin American Economic IntegrationVictor L. Urquidi Chapter 7 in Latin American Economic Crises, 2004, pp 115-124 from Palgrave Macmillan Abstract: Abstract In this chapter, we contend that in today’s context of globalization, Latin American economic regional integration is no longer feasible on a broad scale. Wherever possible, integration should rely on strong sub-regional agreements, with the less-industrialized countries being aided to become the suppliers of intermediate products to the leading members of the sub-regional groups. As outlined in Urquidi (1998a, b) on which this chapter draws heavily, this would require investment and long-term financing by the latter to the supplier countries, and cooperation to upgrade technology, training and management, and assistance for middle and higher education. The UN Economic Commission for Latin America and the Caribbean (ECLAC) and other UN agencies, as well as the Inter-American Development Bank (IDB) and sub-regional financial institutions would be given a special role, working through sub-regional committees and sub-committees, and working groups. Keywords: Trade Agreement; Trade Liberalization; Economic Integration; Preferential Trade Agreement; Latin American Region (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-4039-4385-9_7 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in International Economic Association Series from Palgrave Macmillan |
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