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Trade Logistics and Regional Integration in Latin America and the Caribbean

Author

Listed:
  • Pablo Guerrero

    (Asian Development Bank Institute)

  • Krista Lucenti
  • Sebastián Galarza

Abstract

During the past few decades, the landscape of the world economy has changed. New trade patterns reflect the globalization of the supply chain and intra-industry trade, and increasing flows between neighboring countries and trading blocs with similar factor endowments. Similarly, the approach to production, trade, and transportation has evolved incorporating freight logistics as an important value-added service in global production. This integrated approach have become essential, and as such, both the trade agenda and freight logistics are beginning to converge providing an unparalleled opportunity for countries to deepen their integration with neighboring countries and their national performance in transport related services. Consequently, developing countries are finding themselves hard-pressed to adjust their policy agendas to take into account costs not covered in past rounds of trade negotiations. This paper focuses on the importance of freight logistics in trade facilitation measures, examines the transport and logistics cost in international trade, addresses logistics performance in Latin America and the Caribbean and regional initiatives to advance the integration process and finally, exchanges views on the potential for trade logistics to impact the regional agenda and to deepen integration.

Suggested Citation

  • Pablo Guerrero & Krista Lucenti & Sebastián Galarza, 2010. "Trade Logistics and Regional Integration in Latin America and the Caribbean," Trade Working Papers 22752, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:tradew:22752
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    References listed on IDEAS

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    Cited by:

    1. Matthias Helble & Catherine Mann & John Wilson, 2012. "Aid-for-trade facilitation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 148(2), pages 357-376, June.
    2. James Adu Peprah & Noah Boakye Akosah & Marshall Wellington Blay, 2016. "Prospects for Freight and Logistics Companies in Operationalization of the ECOWAS Protocol on Free Movement of Goods and Persons," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(6), pages 56-75, June.
    3. María D. Gracia & Rosa G. González-Ramírez & Julio Mar-Ortiz, 2017. "The impact of lanes segmentation and booking levels on a container terminal gate congestion," Flexible Services and Manufacturing Journal, Springer, vol. 29(3), pages 403-432, December.

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    More about this item

    Keywords

    logistics; trade facilitation; freight; Latin America; Caribbean;
    All these keywords.

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration

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