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Regional Integration and Intra-industry Trade in Latin America, 1980-90

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  • Robert Guell
  • Donald Richards

Abstract

The decade of the 1980s saw profound changes in the political economy of Latin America. The stabilisation and debt crises forced many countries in the region to re-examine their economic policies individually as well as collectively. The consequence was both a movement in the direction of neoliberal reform that included an emphasis on export promotion as well as a revival of interest in regional integration. The specific purpose of the present paper is to examine the consequences of these changes for the structure of intra-regional trade among and between Latin American countries. More specifically, we are interested in assessing the region's performance in terms of intra-regional, intra-industry trade over the period 1980-90.

Suggested Citation

  • Robert Guell & Donald Richards, 1998. "Regional Integration and Intra-industry Trade in Latin America, 1980-90," International Review of Applied Economics, Taylor & Francis Journals, vol. 12(2), pages 283-300.
  • Handle: RePEc:taf:irapec:v:12:y:1998:i:2:p:283-300
    DOI: 10.1080/02692179800000008
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