[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/idb/brikps/2638.html
   My bibliography  Save this paper

What's New in the New Regionalism in the Americas?

Author

Listed:
  • Estevadeordal, Antoni
  • Devlin, Robert
Abstract
The centrifugal forces of economic globalization in the 1990's ran parallel with centripetal forces of regionalization. While seemingly pulling in opposite directions, the two forces reflected complementary dimensions of dynamic capitalist market development. The completion of the Uruguay Round and growing membership in the World Trade Organization (WTO) was accompanied by a situation in which regional integration schemes became commonplace; indeed, practically all WTO members are now party to one or more regional accords. Latin America is a good example of these dual forces. Between the mid-1980s and 1990s the region unilaterally reduced its average external tariff from over 40% to 12 %. The region also actively participated in the Uruguay Round and by the end of the decade all Latin American countries were members of the WTO. Meanwhile, there was a parallel wave of new reciprocal free trade and integration agreements, around twenty in number. These trends were accompanied by a strong average growth of international trade in the 1990s and a marked increase in intraregional trade. This paper attempts to substantiate that Latin America¿s recent wave of regional integration is indeed a New Regionalism, quite different from the old, and hence merits a more comprehensive perspective than in the past.

Suggested Citation

  • Estevadeordal, Antoni & Devlin, Robert, 2001. "What's New in the New Regionalism in the Americas?," IDB Publications (Working Papers) 2638, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2638
    as

    Download full text from publisher

    File URL: https://publications.iadb.org/publications/english/document/What-New-in-the-New-Regionalism-in-the-Americas.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jaime Granados & Rafael Cornejo, 2006. "Convergence in the Americas: Some Lessons from the DR‐CAFTA Process," The World Economy, Wiley Blackwell, vol. 29(7), pages 857-891, July.
    2. Estevadeordal, Antoni, 2003. "The Impact of Free Trade Agreements on the Pattern of Trade," IDB Publications (Working Papers) 4525, Inter-American Development Bank.
    3. Anna Carreras-Mar�n & Marc Badia-Mir� & Jos� Peres Caj�as, 2013. "Intraregional Trade in South America, 1912-1950: The Cases of Argentina, Bolivia, Brazil, Chile and Peru," Economic History of Developing Regions, Taylor & Francis Journals, vol. 28(2), pages 1-26, December.
    4. Cornejo, Rafael & Granados, Jaime, 2006. "Convergence in the Americas: Some Lessons from the DR-CAFTA process," IDB Publications (Working Papers) 2438, Inter-American Development Bank.
    5. Giordano, Paolo & Li, Kun, 2012. "An Updated Assessment of the Trade and Poverty Nexus in Latin America," IDB Publications (Working Papers) 4209, Inter-American Development Bank.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idb:brikps:2638. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Felipe Herrera Library (email available below). General contact details of provider: https://edirc.repec.org/data/iadbbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.