IDEAS home Printed from https://ideas.repec.org/p/ecr/col025/4402.html
   My bibliography  Save this paper

Comparative analysis of regionalism in Latin America and Asia-Pacific

Author

Listed:
  • Pizarro, Ramiro

Abstract

Abstract The growing participation of developing countries in multilateral trade liberalization, as well as the boom of free trade agreements that grant exclusive preferences to its members, are both closely related to what has been denominated as 'open regionalism'. Additionally, this regionalism is associated with a process of 'deep integration' that transcends free trade issues. The concepts of 'deep regionalism' and 'open regionalism' do not have a precise definition and rather refer to a range of strategic decisions which governments might resort to in the process of regional integration. The first concept refers to the degree of sovereignty in economic policies that governments are willing to sacrifice in the design and implementation of national economic policies, especially when they try to harmonize national policies at a regional scale. The second relates to the relationship that will be established with countries that are left out of a preferential trade agreement. These new elements in trade diplomacy have stimulated a wide and heterogeneous literature dealing with projects of economic integration. In fact, for the first time, this literature increasingly includes comparative analysis of regions that such as Latin America and East Asia are believed to have similar experiences in their modern economic development. Sharing this general view, this paper seeks to explore the differences and similarities among the initiatives of regional economic cooperation, as they appear in the still scarce comparative studies on the subject. This implies dealing with three fundamental questions: (1); how can this sharp rise in regional integration projects be explained? (2); What is the 'depth' of its institutional design in terms of favouring major and more complex levels of economic integration between countries? And (3); why has each project defined itself as 'open regionalism', and thereby how have they justified their compatibility with the multilateral rules of the World Trade Organization (WTO);.

Suggested Citation

  • Pizarro, Ramiro, 1999. "Comparative analysis of regionalism in Latin America and Asia-Pacific," Comercio Internacional 6, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
  • Handle: RePEc:ecr:col025:4402
    Note: Includes bibliography
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/4402
    Download Restriction: no

    References listed on IDEAS

    as
    1. Kuwayama, Mikio & Mattos, José Carlos Silva, 1998. "Perspectivas del comercio entre América Latina y Asia y el Pacífico," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30939, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Peter Robson, 1993. "The New Regionalism and Developing Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 31(3), pages 329-348, September.
    3. Ventura-Dias, Vivianne & Cabezas B., Mabel & Contador, Jaime, 1999. "Trade reforms and trade patterns in Latin America," Comercio Internacional 5, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecr:col025:4402. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Biblioteca CEPAL). General contact details of provider: http://edirc.repec.org/data/eclaccl.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.