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Reciprocity in the FTAA: The Roles of Market Access, Institutions and Negotiating Capacity

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  • Nogués, Julio J.

Abstract

The benefits of the FTAA to Latin American countries will materialize through two channels: improved access to the region's markets, and enhanced growth prospects through the strengthening of basic economic institutions. Furthermore, the importance of these negotiations is heightened by the fact that they are taking place against the failure of the Uruguay Round to liberalize agricultural trade, and the lack of progress in the ongoing negotiations of the Doha round. Under these conditions for Latin American countries, who are net exporters of different bundles of agricultural products, the FTAA could be the best opportunity for accelerating growth in the region. The analysis includes a discussion of these issues stressing the fact that in order for the reciprocal exchange of concessions agreed in the FTAA to result in an important liberalization of intra-regional trade, Latin American countries will have to negotiate with greater firmness than in the past.

Suggested Citation

  • Nogués, Julio J., 2003. "Reciprocity in the FTAA: The Roles of Market Access, Institutions and Negotiating Capacity," IDB Publications (Working Papers) 2624, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:2624
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    Cited by:

    1. Nogues, Julio, 2004. "Unequal exchange: developing countries in the international trade negotiations," MPRA Paper 86172, University Library of Munich, Germany.

    More about this item

    Keywords

    ALCA; Integración Hemisférica; Acceso a los Mercados; Negociaciones Comerciales; SITI Working Paper N° 2; INTAL;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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