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9780821364444

Challenges of CAFTA : Maximizing the Benefits for Central America

by ; ; ; ;
  • ISBN13:

    9780821364444

  • ISBN10:

    0821364448

  • Format: Paperback
  • Copyright: 2006-07-30
  • Publisher: World Bank

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

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Summary

'This study provides a balanced and serious evaluation of the trade and development challenges facing Central America in the next decade, especially those associated with DR-CAFTA. And there is a sobering and timely message within these pages. DR-CAFTA offers great opportunity, but it is no magic potion. Capitalizing on the opportunities andd mitigating the costs depends critically on the success by the Central Americans in developing an effective domestic agenda and handling the ensuing economic and social restructuring. The study provides useful guidance toward this objective, including how best to assist vulnerable groups. It is an indispensable reference for policy makers and social actors in the region and for international partners who wish to help Central Americans fulfill thier hopes and dreams.'--Jose Manuel Salazar-Xirinachs, Executive Director of the International Labour Organization's Employment Sector, Former Minister of Trade for Costa Rica

Table of Contents

Foreword xiii
Acknowledgments xvii
About the Authors xxi
Acronyms xxiii
Chapter 1 Summary of Findings and Introduction 1(16)
Trade and Development in Central America since 1990: Is DR-CAFTA the End of the Road?
3(2)
The Content of DR-CAFTA: Implications for Market Access and Domestic Reforms
5(2)
Economic Effects of DR-CAFTA: More Art Than Science
7(2)
Policy Approaches to Managing the Economic
9(4)
Transition: Ensuring That Poor People Can Benefit from DR-CAFTA Macroeconomic Policy Implications of DR-CAFTA
13(2)
Priorities for the Complementary Agenda: Obtaining the Payoff from DR-CAFTA
15(2)
Chapter 2 Trade and Development in Central America since 1990: Is DR-CAFTA the End of the Road? 17(22)
Trade Policies in Central America, 1990-2003
18(6)
Results of Trade Policies: Trade and Growth Outcomes
24(11)
Summary and Conclusions
35(4)
Chapter 3 The Content of DR-CAFTA: Implications for Market Access and Domestic Reforms 39(34)
Market Access for Goods
41(11)
Trade in Services
52(3)
Other Provisions
55(10)
Provisions to Deepen Regional Integration
65(1)
Conclusion
66(7)
Chapter 4 Economic Effects of DR-CAFTA: More Art Than Science 73(80)
Trade Liberalization and the Static Gains from Trade
76(37)
Complementary Policies and the Dynamic Gains from Trade
113(19)
Summary
132(3)
Technical Annex: Gains from Trade for Small Economies and the Underlying Assumptions
135(18)
Chapter 5 Policy Approaches to Managing the Economic 153(54)
Transition: Ensuring That the Poor Can Benefit from DR-CAFTA
153(1)
Liberalization of Sensitive Agricultural Commodities under DR-CAFTA
154(2)
Framework for Analyzing Welfare Effects of DR-CAFTA
156(9)
Expected Impacts of Liberalizing the Sensitive Agricultural Commodities: New Evidence from El Salvador, Guatemala, and Nicaragua
165(16)
Alternative Approaches to Mitigating the Adverse Impacts of DR-CAFTA
181(15)
Policies and Investments to Ensure That Poor People Can Benefit from DR-CAFTA
196(1)
Summary and Conclusion
197(4)
Annex: Effective Tariff Rates Used in Ex Ante Impact Analyses for El Salvador, Guatemala, and Nicaragua
201(6)
Chapter 6 Macroeconomic Policy Implications of DR-CAFTA 207(24)
Potential Fiscal Revenue Losses from DR-CAFTA
208(5)
DR-CAFTA, Business Cycle Synchronization, and Trade Structure
213(14)
Summary and Policy Recommendations
227(4)
Chapter 7 Obtaining the Payoff from DR-CAFTA: Priorities for the Complementary Agenda 231(31)
Trade Facilitation
232(11)
Institutions and Regulations
243(9)
Innovation and Education
252(10)
Summary of Priorities for Central American Countries 262(5)
Bibliography 267(14)
Index 281

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

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