Opportunities for convergence and regional cooperation: Unity Summit of Latin America and the Caribbean

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/L.3201
cepal.cityOfEventRiviera Maya
cepal.countryOfEventMéxico
cepal.dateOfEvent22-23 febrero 2010
cepal.docTypeLibros y documentos institucionales
cepal.eventCumbre de la Unidad de América Latina y el Caribe
cepal.idSade38525
cepal.jobNumberS2010516 E
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeSantiago
cepal.topicEngINFRASTRUCTURE
cepal.topicEngINTERNATIONAL COOPERATION
cepal.topicEngRELATIONS BETWEEN LATIN AMERICA AND ASIA-PACIFIC
cepal.topicEngINNOVATION AND EXPORT DIVERSIFICATION
cepal.topicEngSOCIAL COHESION
cepal.topicEngTRADE FACILITATION
cepal.topicEngINTERNATIONAL TRADE
cepal.topicEngREGIONAL INTEGRATION
cepal.topicEngINVESTMENT
cepal.topicSpaINFRAESTRUCTURA
cepal.topicSpaCOOPERACIÓN INTERNACIONAL
cepal.topicSpaRELACIONES DE AMÉRICA LATINA CON ASIA Y EL PACÍFICO
cepal.topicSpaINNOVACIÓN Y DIVERSIFICACIÓN EXPORTADORA
cepal.topicSpaCOHESIÓN SOCIAL
cepal.topicSpaFACILITACIÓN DEL COMERCIO
cepal.topicSpaCOMERCIO INTERNACIONAL
cepal.topicSpaINTEGRACIÓN REGIONAL
cepal.topicSpaINVERSIÓN
cepal.workareaEngINTERNATIONAL TRADE AND INTEGRATION
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSOCIAL DEVELOPMENT
cepal.workareaEngNATURAL RESOURCES
cepal.workareaSpaCOMERCIO INTERNACIONAL E INTEGRACIÓN
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaDESARROLLO SOCIAL
cepal.workareaSpaRECURSOS NATURALES
dc.contributor.entityNU. CEPAL
dc.coverage.spatialEngLATIN AMERICA AND THE CARIBBEAN
dc.coverage.spatialEngASIA AND THE PACIFIC
dc.coverage.spatialSpaAMERICA LATINA Y EL CARIBE
dc.coverage.spatialSpaASIA Y EL PACIFICO
dc.date.accessioned2014-01-02T15:11:09Z
dc.date.available2014-01-02T15:11:09Z
dc.date.issued2010-02
dc.descriptionIncludes Bibliography
dc.descriptionSpanish version available at the Library
dc.description.abstractCompared with 2003-2007, which was the most favourable period the world and regional economies had seen in 40 years, the outlook for the future is less encouraging. In the early 2010s the world economy and global trade will experience reduced growth rates, increased competitive tension and protectionist pressure, and tighter access to financing. In the wake of the crisis, the industrialized countries will face slower economic growth and high unemployment at a time when they will also have to restore the sustainability of their public accounts. The emerging economies, headed by China, together with India, other Asian economies and Brazil, will gain an increasingly larger presence on the world stage in the second decade of the century. The driving forces of economic growth and international trade will shift even more rapidly towards the Pacific and the emerging economies, underscoring the importance of South-South trade. Fragile international macroeconomic conditions and the slow response of the global institutions to the new challenges that are arising are eroding the relevance of the multilateral institutions, which has worrying implications for the developing countries, as no effective alternatives exist that can address the new challenges of this century. The Doha Round of trade talks will soon have been under way for a decade but is still far from fulfilling its commitment to development. The fifteenth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, in Copenhagen, concluded with more uncertainties than certainties. And the meetings of the Group of Twenty (G-20) allow for little optimism regarding the new financial regulations and the forthcoming reform of the international financial system. Consequently, greater regional cooperation and closer collaboration between and within the subregions is no longer merely a major political objective, but also an economic imperative if the region is to integrate into a global economy that is increasingly structured around regional or subregional value chains. Thus, measures in areas such as infrastructure, energy, connectivity and trade and transport facilitation will be crucial for competitiveness and growth. Given the weak demand for the region's products among most of its major partners, intraregional trade has a key role to play in spurring the recovery of demand for the goods and services the region produces. This has not occurred yet, however, in part, on account of the emergence of trade-restricting measures, but mainly owing to the persistence of major deficits in infrastructure and connectivity and discrepancies in the rules governing the flow of goods, services, investments and persons. More open intraregional trade that respects the liberalization commitments already assumed would not only help to offset the fall in external demand, at least in part, it would also stimulate the development of small and medium-sized enterprises (SMEs). Intraregional trade has been shown to be more intensive among SMEs, to consist of goods with a higher value added content and to be more labour-intensive than extraregional trade. It is therefore imperative to ensure that regional integration does not fall victim to the repercussions of an international crisis that the region did not generate. It is with this purpose in mind, and after examining the main characteristics of the post-crisis scenario and identifying the ensuing demand for greater regional cooperation, that the following proposals to boost that cooperation are presented. These proposals are not dependent on free trade agreements and, consequently, the differing views held on trade and development in the region should not hamper the action that is urgently needed to confront the challenges to the region's competitiveness.
dc.formatTexto
dc.format.extent87 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/L.3201
dc.identifier.urihttps://hdl.handle.net/11362/2942
dc.language.isoeng
dc.physicalDescription87 p. : gráfs., tabls.
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.translationLanguagespa
dc.relation.translationRecordEspacios de convergencia y de cooperación regional: Cumbre de la Unidad de América Latina y el Caribe
dc.relation.translationUrihttps://hdl.handle.net/11362/2938
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC CRISIS
dc.subject.unbisEngECONOMIC INTEGRATION
dc.subject.unbisEngINTRAREGIONAL TRADE
dc.subject.unbisEngINTERNATIONAL TRADE
dc.subject.unbisEngTRADE STATISTICS
dc.subject.unbisEngECONOMIC INDICATORS
dc.subject.unbisEngPHYSICAL INFRASTRUCTURE
dc.subject.unbisSpaCRISIS ECONOMICA
dc.subject.unbisSpaINTEGRACION ECONOMICA
dc.subject.unbisSpaCOMERCIO INTRARREGIONAL
dc.subject.unbisSpaCOMERCIO INTERNACIONAL
dc.subject.unbisSpaESTADISTICAS COMERCIALES
dc.subject.unbisSpaINDICADORES ECONOMICOS
dc.subject.unbisSpaINFRAESTRUCTURA FISICA
dc.titleOpportunities for convergence and regional cooperation: Unity Summit of Latin America and the Caribbean
dc.type.coarlibro
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