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Libre comercio pactado con una superpotencia

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Author Info
Jorge Avila

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Abstract

The purpose of the essay is to investigate the proposition that a free-trade treaty with a superpower is more effective in promoting exports, investment and per capita growth than a unilateral opening to free trade. To that end we study five success stories: Chile (unilateral opening), Mexico (treaty with a superpower), Spain (supranational integration), Japan (forced unilateral opening), and Argentina in the 19th century (informal treaty with a superpower). We conclude that the historical evidence supports the proposition. The wider the scope of the treaty and the stronger the partner, the greater the success.

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Publisher Info
Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 385.

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Length: 37 pages
Date of creation: Nov 2008
Date of revision:
Handle: RePEc:cem:doctra:385

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This page was last updated on 2009-11-30.

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