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Globalization and the new international trade environment

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  • Rosales V., Osvaldo

Abstract

The combination of profound technological change and theemergence of powerful competitors such as China and the other briccountries has led to dramatic shifts in competitiveness and a tendencyfor production to be structured around global value chains. Against thisbackground, traditional protectionist threats have reappeared and othershave arisen in connection with new security requirements, private-sectorquality standards, good practices and climate change. These issues areintegral to the new competitive environment but could turn into protectionistbarriers in the absence of the right multilateral approach. In view of thisand of the current global crisis, the present paper offers some policyproposals oriented towards the adoption of an internationalization strategyin the region's countries, emphasizing the importance of innovation and onissues that can be addressed from a regional cooperation standpoint.

Suggested Citation

  • Rosales V., Osvaldo, 2008. "Globalization and the new international trade environment," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
  • Handle: RePEc:ecr:col070:11319
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    References listed on IDEAS

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    1. Kuwayama, Mikio & Rosales V., Osvaldo, 2007. "Latin America meets China and India: prospects and challenges for trade and investment," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    2. -, 1992. "Social equity and changing production patterns: an integrated approach," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37866 edited by Eclac.
    3. -, 1994. "Open regionalism in Latin America and the Caribbean: economic integration as a contribution to changing production patterns with social equity," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37868 edited by Eclac.
    4. -, 1994. "Open regionalism in Latin America and the Caribbean: economic integration as a contribution to changing production patterns with social equity," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37868 edited by Eclac.
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