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South American Free Trade Area Or Free Trade Area of the Americas?

Author: Mario Esteban Carranza

Publisher:

Published: 2017

Total Pages:

ISBN-13: 9781315191874

"This title was first published in 2000: This work examines the hemispheric diplomacy after the Summits of the America in Miami (December 1994) and Santiago (April 1998), focusing on the strengthening of the South American position in the FTAA negotiations and the Brazilian proposal for a South American Free Trade Area (SAFTA). The book also looks at the implications of the preceding analysis for regional integration theory and international relations theory. The conclusion looks beyond "open regionalism" and considers three scenarios for US-South American relations after the Santiago Summit. First reassertion of US hegemony and signing of an FTAA agreement on schedule, second, erosion of US hegemony but continuing negotiations between North and South America for a "distant" FTAA, and finally, breakdown of the FTAA negotations and emergence of SAFTA as an alternative to the FTAA."--Provided by publisher.

Free Trade for the Americas?

Author: Marianne Wiesebron

Publisher: Zed Books Ltd.

Published: 2013-07-18

Total Pages: 200

ISBN-13: 1848136765

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The face of international trade is continuing to change rapidly. But while much attention is focused on where, post-Cancun, any new international negotiations under the auspices of the WTO may go, there are other developments of potentially equal importance. The United States, in particular, is prioritizing new regional trade agreements. This book focuses on the most ambitious of these negotiations -- the Free Trade Area of the Americas Agreement, which is due to be completed in 2005. This US initiative aims to replicate the NAFTA Agreement (which has bound the US, Canada and Mexico into a free trade area since 1994) across all 34 countries of South and North America (bar Cuba). This huge continental market is to be built around US-defined notions of free trade and protection of foreign investment, but will exclude the free movement of labour. This volume explains the origins and process of the negotiations -- both the complicated multilateral discussions and the bilateral agreements that have already been drafted. It explains in detail: * US strategy. * The structures and procedures of the Agreement. * The possible consequences for South America, including: Mercosur; Brazil, as Latin America's largest economy; and the region's many small economies, which cannot possibly compete on a level playing field with the US behemoth. * The wider implications of the FTAA for the global trading system, in particular for China, Japan and the EU. This book -- the first comprehensive, in-depth study of the FTAA -- will be of use to trade specialists, international economists, and all those interested in the FTAA, about which very little information is readily available in the public domain.

The Premise and the Promise

Author:

Publisher: Transaction Publishers

Published: 1992-01-01

Total Pages: 308

ISBN-13: 9781412831796

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The vision of a hemispheric system of free trade charts a bold new course for U.S--Latin American relations that promises to transform the economic and political landscape of the hemisphere well into the next century. In "The Premise and the Promise, "analysts from the United States, Latin America, and Canada explore the dynamics of the process under way in the Americas today, what features free trade ought to have, how the process of regional integration should proceed, and how the regional architecture should be related to the international trading system. Mexico's decision to seek a free trade agreement with the United States and Washington's announcement of the Enterprise for the Americas Initiative turned the incipient integrationist revival of the mid-1980s in Latin America into a seemingly unstoppable force. If regionalism is to be a benign force, however, it must overcome the impulse toward closed, exclusionary arrangements and emulate the best features of the multilateral approach: a regional arrangement should be flexible enough to accommodate vast regional diversity, inclusive enough to allow all countries in the region to participate, and efficient enough not to impose unduly large costs on those excluded from the arrangement. The contents include: Sylvia Saborio, "Overview: The Long and Winding Road from Anchorage to Patagonia," Peter Morici, "American Free Trade: A U.S. Perspective," Jos" Salazar and Eduardo Lizano, "Free Trade hi the Americas: A Latin American Perspective," Richard Lipsey, "Getting There: A Canadian View on WHFTA's Structure," and Refik Erzan and Alexander Yeats, "Empirical Evidence on the Impact of Free Trade Agreements with the United States on Latin America." In six separate chapters, analysts weigh the costs and benefits of subregional free trade agreements between the United States and Mexico, Chile, Central America, Caricom, the Andean Pact, and Mercosur.

Free trade areas of the Americas : the scope of the negotiations (Working Paper SITI = Documento de Trabajo IECI n. 1)

Author:

Publisher: BID-INTAL

Published: 2003

Total Pages: 102

ISBN-13: 9507381511

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Latin American and Caribbean Trade Agreements

Author: Thomas O'Keefe

Publisher: BRILL

Published: 2009-06-02

Total Pages: 516

ISBN-13: 9004180699

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Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas is the essential reference guide for companies trading with Latin America and the Caribbean or wishing to use a country in the region as an export platform. This work fills the void in academic texts that are used to teach courses on economic integration in the Western Hemisphere. It provides a road map for the Obama Administration to launch an ambitious project designed to encourage economic growth, promote energy security, and reduce harmful greenhouse gas emissions, while at the same time realistically meeting the development needs of Latin America and the Caribbean. Latin American and Caribbean Trade Agreements: Keys to a Prosperous Community of the Americas posits that the myopic focus of past United States administrations on free markets to spur economic development in the Western Hemisphere is not enough. A bolder and more ambitious project that also seeks to redress many of the deep-seated problems that have long plagued the region is required. The Community of the Americas proposed in this book rests upon the important work that has already been done at the sub-regional level in terms of economic and political reform, identifying infrastructure and human capital needs, and regulating migration. It provides a new and cohesive vision for U.S. policy in Latin America and the Caribbean.

Toward Free Trade in the Americas

Author: Jose Manuel Salazar-Xirinachs

Publisher: Rowman & Littlefield

Published: 2004-05-13

Total Pages: 356

ISBN-13: 9780815798262

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A Brookings Institution Press and the Organization of American States publication In the past 15 years, the nations of the Western Hemisphere have staged a remarkable revolution—in the way they trade with their neighbors. First, after decades of restrictive import policies, several countries began to liberalize their trade and investment regimes. Then, beginning a decade ago, numerous bilateral and sub-regional trade agreements were achieved, to serve as vital complements to domestic reforms and to foster trade flows among member countries. At the Second Summit of the Americas in 1998, negotiations among 34 democracies were launched to establish the Free Trade Area of the Americas (FTAA). This report takes stock of the remarkable progress to date in the development of free trade in the Western Hemisphere. It examines trade flows between countries in the same regional groupings and between members of different sub-regional arrangements. The report describes the main characteristics of the trade arrangements signed between countries of the Hemisphere and explores the development of trade rules in these arrangements. Finally, the report details recent advances in the construction of the FTAA.

Free Trade and Economic Integration in Latin America

Author: Victor L. Urquidi

Publisher: Univ of California Press

Published: 2023-04-28

Total Pages: 202

ISBN-13: 0520313666

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This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1962.

Free Trade in the Americas: Regional Trade Agreements as National Security Policy

Author:

Publisher:

Published: 1996

Total Pages: 61

ISBN-13:

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Increasingly, America's security objectives are defined by U.S. economic interests. In Latin America, closed economies and authoritarian governments are transitioning to market-oriented systems and democratic institutions, resulting in increased goodwill and cooperation between the U.S. and Latin America. In 1993, President Clinton pushed hard and won congressional approval on the North American Free Trade Agreement (NAFTA) between the U.S., Canada, and Mexico. Along with this, he orchestrated the landmark Summit of the Americas in December 1994 between the U.S., Canada, and the democratically-elected leaders of Latin America and the Caribbean. The result of the 'Miami Summit' was a proclamation that the nations of the Western Hemisphere would establish a hemispheric free trade area with a target date of 2005. However, in 1994 and 1995, the peso crisis, brought on by a series of problems within Mexico, caused that country's financial system to collapse along with the hopes for a hemispheric free trade pact in the near future. This paper argues that, while NAFTA and its South American counterpart (Mercado Comun del Sur, or MERCOSUR) are formed on an economic basis, the true value of a regional free trade agreement is as a national security strategy tool. It also looks at NAFTA and MERCOSUR in detail, examines the power relationship between countries in the region, and discusses those issues of greatest concern to the U.S. regarding a free trade expansion within Latin America. Ultimately, the U.S. should pursue and expand its current strategy because of foreign policy implications and it should not allow its long-term interests to be derailed because of temporary setbacks in the financial and trade arena.

Free Trade in the Americas

Author: Sidney Weintraub

Publisher: Edward Elgar Publishing

Published: 2004-01-01

Total Pages: 306

ISBN-13: 1845420667

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This book examines the Free Trade Area of the Americas (FTAA), an ambitious venture in regional market integration which builds on the principles of the North American Free Trade Agreement. It assesses the long-term corporate and public policy measures to cope with the increased monetary, fiscal and structural interdependence that will be required if the benefits of the FTAA are to be realized. The contributors suggest that with enlightened US leadership and the cooperation of Brazil, Mexico and Argentina, the FTAA could eventually match the EU in the world economy and as a multilateral leader. Initiatives to promote a culture of relational cooperation in a system of liberalized global commerce are stressed. In Latin America, there is an urgent need for such cooperation in order to enhance the region s lackluster growth rate and reduce the occurrences and severity of financial crises. The United States, Canada and Mexico will also benefit from the development of dynamic structural links with their regional neighbours. The authors highlight the importance for US policy initiatives to be complemented by constructive and harmonious corporate collaborations. This spirit of alliance capitalism will help ensure the FTAA promotes social justice as well as economic efficiency. This fully integrated volume, written by leading specialists in the field, will become an indispensable source for analysis of the prospects and role of the FTAA in the global economy. It will be warmly welcomed by informed readers such as international business experts, bankers, corporate executives, economists dealing with fiscal and monetary integration, and those interested in Latin American business.