02643nam a2200289Ia 4500001001100000005001700011008004300028020001500071020001800086020001800104245022300122260004500345300003100390520150200421650003401923650002201957650001601979650003701995650002502032650004002057650003202097650003102129650001502160650001802175830002602193856013402219000000359320251012174431.0 020129s1998 dcu o i001 0 eng d a082134272X a9780821342725 z978082134272510aAnnual World Bank Conference on Development in Latin America and the Caribbean, 1997h[electronic resource]bTrade, towards open regionalism:proceedings of a conference held in Montevideo, UruguaycShahid Javed Burki.  aWashington, D.C.bThe World Bankc1998.  a1 online resource (285 p.) aThis third Annual Bank Conference on Development in Latin America and the Caribbean (LAC) focuses on trade liberalization policy, specifically " open regionalism, " a term coined to describe the fact that 1) regionalism has gone hand in hand with unil ateral trade opening:statistics on tariff and non-tariff measures affecting imports show that protectionist policies have been dismantled in the major LAC countries during the last decade; 2) regionalism has gone hand in hand with a substantial liberalization of investment regimes:provisions, including national treatment provisions, in regional trading arrangements show that several LAC countries treat foreign direct investment on exactly the same footing as domestic investment; and 3) most LAC countries are willing to participate in building a hemispheric free-trade zone and have been active, pro-liberalization members of the World Trade Organization (WTO). Speeches emphasized the political returns from trade integration:reciprocal lock-in, alliances created among pro-reform factions, pro-integration movements across countries, civil society integration, more-likely peaceful settlements to disputes, and general advancement of harmony in the Western Hemisphere through atmospherics, through positive incentive structures, and through cross-country coalitions. Because these positive linkages are largely implicit and not unduly burdensome, they make regional integration consistent with convergence toward global trade integration. 0aEconomic Theory and Research. 0aEmerging Markets. 0aFree Trade. 0aInternational Economics & Trade. 0aLaw and Development. 0aMacroeconomics and Economic Growth. 0aPrivate Sector Development. 0aPublic Sector Development. 0aTrade Law. 0aTrade Policy. 0aWorld Bank e-Library.40uhttp://resources.library.brandeis.edu/login?url=http://elibrary.worldbank.org/content/book/9780821342725yONLINE ACCESS AVAILABLE