Las fuerzas centrífugas de la globalización económica en los años noventa circularon paralelas con las centrípetas de la regionalización. Aunque aparentemente parecían dirigirse en direcciones opuestas, las dos fuerzas reflejaban dimensiones complementarias del dinámico desarrollo del...

The Free Trade Area of the Americas (FTAA) process was launched during the Miami Summit of Heads of State in December 1994. It was the centerpiece of a broader hemispheric initiative of political and socio-economic cooperation among 34 countries of the Americas with the objective to negotiate a...

The objective of this study is to analyze the interaction between trade and non-trade cooperation in some of the today's major regional initiatives, particularly those between developing and industrialized countries. The study suggests a framework to explore what the paper calls a "trade and...

The decade of the 1990s has witnessed a wave of regional integration initiatives in Latin America: more than 14 agreements -free trade areas or customs unions- since 1990 with a handful more in varying degrees of negotiation (see Table 1). However, this was not just a Latin American phenomenon,...

The 1990s witnessed the parallel forces of globalization and regionalization strongly at work. While seemingly contradictory, they are in fact complementary aspects of market development. This paper will focus on the latter, and its special aspects of regionalism; i.e., policy driven regional...

Trade has become an increasingly important strategic objective for developing countries. This is a relatively new phenomenon for many of them. Hence the demand to intensify an insertion into the world economy often advances faster than their institutional capacities to formulate effective...

The FTAA process itself has already generated important positive externalities for the hemisphere and the multilateral system. It has provided a regular forum in which 34 countries'; trade delegations have gotten to personally know each other better on a first name basis. This increasing...

This paper takes seriously the recent claim made by Ethier [1998] that the "New Regionalism" reflects the success of the multilateral trading system, not its failure. In fact, the New Regionalism represents a qualitative departure of the old regionalism in several respects, in particular, its...

There is a growing interest related to the theoretical analysis of Free Trade Agreements (FTAs). Nevertheless, there has been as yet very little empirical research on the topic, in particular, on the negotiating dynamics of these types of agreements. This paper attempts to make a contribution in...

The proliferation of free trade agreements around the world has accentuated the role of preferential rules of origin (RoO) in global companies¿ sourcing and investment decisions. However, there are few theoretical and practically no empirical analyses on the effects of RoO on foreign direct...