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Author: Mario Esteban Carranza Publisher: Routledge ISBN: 135175338X Category : Social Science Languages : en Pages : 218
Book Description
This title was first published in 2000: This work examines the hemispheric diplomacy after the Summits of the America in Miami (December 1994) and Santiago (April 1998), focusing on the strengthening of the South American position in the FTAA negotiations and the Brazilian proposal for a South American Free Trade Area (SAFTA). The book also looks at the implications of the preceding analysis for regional integration theory and international relations theory. The conclusion looks beyond "open regionalism" and considers three scenarios for US-South American relations after the Santiago Summit. First reassertion of US hegemony and signing of an FTAA agreement on schedule, second, erosion of US hegemony but continuing negotiations between North and South America for a "distant" FTAA, and finally, breakdown of the FTAA negotations and emergence of SAFTA as an alternative to the FTAA.
Author: Mario Esteban Carranza Publisher: Routledge ISBN: 135175338X Category : Social Science Languages : en Pages : 218
Book Description
This title was first published in 2000: This work examines the hemispheric diplomacy after the Summits of the America in Miami (December 1994) and Santiago (April 1998), focusing on the strengthening of the South American position in the FTAA negotiations and the Brazilian proposal for a South American Free Trade Area (SAFTA). The book also looks at the implications of the preceding analysis for regional integration theory and international relations theory. The conclusion looks beyond "open regionalism" and considers three scenarios for US-South American relations after the Santiago Summit. First reassertion of US hegemony and signing of an FTAA agreement on schedule, second, erosion of US hegemony but continuing negotiations between North and South America for a "distant" FTAA, and finally, breakdown of the FTAA negotations and emergence of SAFTA as an alternative to the FTAA.
Author: Marianne Wiesebron Publisher: Zed Books Ltd. ISBN: 1848136765 Category : Business & Economics Languages : en Pages : 200
Book Description
The face of international trade is continuing to change rapidly. But while much attention is focused on where, post-Cancun, any new international negotiations under the auspices of the WTO may go, there are other developments of potentially equal importance. The United States, in particular, is prioritizing new regional trade agreements. This book focuses on the most ambitious of these negotiations -- the Free Trade Area of the Americas Agreement, which is due to be completed in 2005. This US initiative aims to replicate the NAFTA Agreement (which has bound the US, Canada and Mexico into a free trade area since 1994) across all 34 countries of South and North America (bar Cuba). This huge continental market is to be built around US-defined notions of free trade and protection of foreign investment, but will exclude the free movement of labour. This volume explains the origins and process of the negotiations -- both the complicated multilateral discussions and the bilateral agreements that have already been drafted. It explains in detail: * US strategy. * The structures and procedures of the Agreement. * The possible consequences for South America, including: Mercosur; Brazil, as Latin America's largest economy; and the region's many small economies, which cannot possibly compete on a level playing field with the US behemoth. * The wider implications of the FTAA for the global trading system, in particular for China, Japan and the EU. This book -- the first comprehensive, in-depth study of the FTAA -- will be of use to trade specialists, international economists, and all those interested in the FTAA, about which very little information is readily available in the public domain.
Author: Publisher: ISBN: Category : Brazil Languages : en Pages : 30
Book Description
As the largest and one of the most influential countries in Latin America, Brazil has emerged as a leading voice for developing countries in setting regional and multilateral trade agendas. The United States and Brazil have cultivated a constructive relationship in pursuit of their respective efforts to promote trade liberalization, including attempting to broker a compromise with the European Union in the World Trade Organization (WTO) Doha Round and forming bilateral working groups on trade (and other) issues. Still, they approach trade policy quite differently, are at odds over how to proceed regionally with the Free Trade Area of the Americas (FTAA), and share concerns over specific trade policies and practices. Brazil's trade strategy can be explained only in part by economic incentives. Its "trade preferences" also reflect deeply embedded macroeconomic, industrial, and foreign policies. Whereas U.S. trade strategy emphasizes the negotiation of comprehensive trade agreements on multiple fronts, Brazil is focused primarily on market access issues as they pertain to its economic dominance in South America. Brazil exercises this priority in all trade arenas, such as pursuing changes to agricultural policies in the WTO, expanding the Southern Common Market (Mercosul) in South America, and resisting the FTAA for lack of a balance conducive to Brazilian interests. Brazil has a modern, diversified economy in which services account for 53% of GDP, followed by industry and manufacturing at 37%, and agriculture at 9%. Agribusiness (commodity and processed goods) account for some 30% of GDP, explaining Brazil's emphasis on agricultural policies in trade negotiations. Brazil is the world's largest producer of sugar cane, oranges, and coffee, and the second largest of soybean, beef, poultry, and corn. It is also a major producer of steel, aircraft, automobiles, and auto parts, yet surprisingly, a relatively small trader by world standards. The United States is Brazil's largest single-country trading partner. Brazil is critical of U.S. trade policies such as the Byrd Amendment (repealed, but program in effect until October 1, 2007), which directs duties from trade remedy cases to affected industries, the administration of trade remedy rules, and what it considers to be discriminatory treatment in the U.S. expansion of free trade agreements in Latin America. It also objects to product-specific barriers such as tariff rate quotas on sugar, orange juice, ethanol, and tobacco; subsidies for cotton, ethanol, and soybeans; and prolonged anti-dumping orders on steel and orange juice. U.S. concerns focus on Brazil's comparatively high tariff structure, especially on industrial goods, Mercosul's common external tariff program, and Brazil's refusal to address issues of critical importance to the United States such as services trade, intellectual property rights, government procurement, and investment. Despite these differences, both countries recognize the potential for important gains to be had from mutually acceptable trade liberalization at all levels. As a developing country with an opportunity for considerable growth in both exports and imports, however, Brazil may have the most to gain from addressing both foreign barriers to its trade, and unilaterally opening its economy further.
Author: Mauricio Vaz Lobo Bittencourt Publisher: ISBN: Category : Brazil Languages : en Pages :
Book Description
Abstract: After the creation of the Mercosur (Argentina, Brazil, Paraguay and Uruguay), in the beginning of the 1990s, new free trade agreements began to be debated between Mercosur and other countries. Traditional trade theory predicts that trade liberalization reallocates resources according to comparative advantage, reduces waste, and lowers the price of imported goods in a more transparent economic regime, with less lobbying activities, and exports not only grow rapidly, but also become more diversified. Most economists also share that open countries fare better in the long run than do closed ones, but the short run impacts from trade liberalization can harm the poor. Since Brazil is one of the countries with larger inequality in the distribution of income, with high levels of poverty and regional differences, this study takes these concerns seriously by assessing the economic impacts of a reduction in import tariffs on poverty and distribution of income, identifying a combined policy that can reduce possible negative impacts from trade reform on the poor, through a single-country multi-regional computable general equilibrium model (CGE) applied to Brazil. The main findings show that poverty and regional income inequality can be reduced through combined trade and tax policies. In recent years, countries like Argentina and Brazil have experienced many different economic crises due to their own domestic instabilities, which have contributed to delayed market opening in these countries, and have threatened the evolution of new trade agreements. This study also emphasizes the lack of macroeconomic policy coordination between Mercosur and the Free Trade Area of Americas (FTAA) countries, notably the exchange rate policy through the impact of real bilateral exchange rate volatility on trade. Therefore, a sectoral gravity model is estimated to evaluate not only the role played by the lack of macroeconomic policy coordination, but also to better evaluate the patterns of trade in the Mercosur and in the proposed FTAA. The overall results show that the reduction in the level of exchange rate volatility can increase bilateral trade, and gradual reduction in the level of tariffs and increase in countries' income are also important pro-trade variables.
Author: Arnold S. Miller Publisher: Nova Publishers ISBN: 9781594540578 Category : Business & Economics Languages : en Pages : 142
Book Description
With jobless recoveries the issue du jour, free trade has become a wedge issue of considerable importance in the developed countries. This book hones in on free trade areas and their role in this complex globalisation process. CONTENTS: Preface; Free Trade Agreements: Impact on US Trade and Implications for US Trade Policy (William H. Cooper); The US-Singapore Free Trade Agreement (Dick K. Nanto); Free Trade Agreements with Singapore and Chile: Labor Issues (Mary Jane Bolle); The US-Chile Free Trade Agreement: Economic and Trade Policy Issues (J. F. Hornbeck); Agricultural Trade in a US- Central American Free Trade Agreement (CAFTA) (Remy Jurenas); A Free Trade Area of the Americas: Status of Negotiations and Major Policy Issues (J. F. Hornbeck); US -- Jordan Free Trade Agreement (Mary Jane Bolle); Index.
Author: Mr.Antonio Spilimbergo Publisher: International Monetary Fund ISBN: 1484339746 Category : Business & Economics Languages : en Pages : 382
Book Description
Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.
Author: Mario Esteban Carranza
Author: Mario Esteban Carranza
Author: Marianne Wiesebron
Author: World Trade Organization
Author: 
Author: 
Author: Centro de Informações Econômico-Fiscais (Brazil)
Author: Mauricio Vaz Lobo Bittencourt
Author: Arnold S. Miller
Author: Rubens Ricupero
Author: Mr.Antonio Spilimbergo