Trade Logistics and Regional Integration in Latin America and the Caribbean
AbstractDuring 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.
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Bibliographic InfoPaper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 233.
Length: 43 pages
Date of creation: 02 Aug 2010
Date of revision:
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latin america caribbean trade; regional integration; infrastructure trade facilitation;
Other versions of this item:
- Pablo Guerrero & Krista Lucenti & SebastiÃƒÂ¡n Galarza, 2010. "Trade Logistics and Regional Integration in Latin America and the Caribbean," Trade Working Papers 22752, East Asian Bureau of Economic Research.
- F15 - International Economics - - Trade - - - Economic Integration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-08-14 (All new papers)
- NEP-DEV-2010-08-14 (Development)
- NEP-INT-2010-08-14 (International Trade)
- NEP-LAM-2010-08-14 (Central & South America)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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