Latin America in the World Trade System

Diana Tussie

in The Oxford Handbook of Latin American Economics

Published in print July 2011 | ISBN: 9780199571048
Published online September 2012 | | DOI:

Series: Oxford Handbooks in Economics

 Latin America in the World Trade System

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This chapter notes that a strong focus of the development literature has been on the role of the trade policy regime in growth, and more broadly on the link between liberalization and growth. Country performance in relation to these issues has been the subject of controversy for well over a century. The chapter reviews the path taken in a stylized fashion, aiming to show interconnectedness as well as the most significant ways in which the region participates in the trade system. It considers import substitution to liberalization; regional integration; and the global trade regime.

Keywords: trade system; country performance; global trade regime; import substitution; regional integration; Latin America

Article.  10589 words. 

Subjects: Economics ; International Economics ; Public Economics

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