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Prospects for free trade in the Americas

Author: Jeffrey J Schott
Publisher: Washington, DC : Institute for International Economics, ©2001.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Negotiations on a Free Trade Area of the Americas (FTAA) were officially launched at the Santiago Summit in April 1998. This study examines the prospects for the FTAA in light of recent economic and political turmoil in Latin America and the continuing impasse over US "fast-track" authority. The study evaluates progress to date in the trade talks and proposals for accelerating the target date of January 2005 for  Read more...
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Additional Physical Format: Online version:
Schott, Jeffrey J., 1949-
Prospects for free trade in the Americas.
Washington, DC : Institute for International Economics, ©2001
(OCoLC)647657490
Document Type: Book
All Authors / Contributors: Jeffrey J Schott
ISBN: 088132275X 9780881322750
OCLC Number: 46364743
Notes: "April 2001."
Description: ix, 128 pages ; 23 cm
Contents: 1 Road to Free Trade in the Americas 1 --
Latin America's Economic Revival 4 --
FTAA: Learning from Experience 9 --
FTAA: The Hard Road Ahead 13 --
2 Readiness Indicators for Latin America and the Caribbean 15 --
About the Readiness Indicators 17 --
Developments since the Miami Summit 20 --
Appendix 2.1 Readiness by Region 28 --
3 FTAA: Objectives and National Interests 83 --
FTAA Scope and Coverage 84 --
FTAA and Economic Development 90 --
Regional Interests in the FTAA 92 --
4 Current Challenges and Prospects 101 --
Current Challenges 102 --
FTAA Scenarios 107 --
Quebec Summit and Beyond 110 --
Completing the FTAA 113 --
Table 1.1 FTAA participants: Economic overview 3 --
Table 1.2 Latin America merchandise trade, 1990-99 7 --
Table 1.3 Foreign direct investment inflows, 1990-99 8 --
Table 2.1 2001 Readiness Indicators 22 --
Table 2.2 1994 Readiness Indicators 24 --
Table 2.3 Comparison of 2001 and 1994 rankings of Readiness Indicator scores 26 --
Table 2.4 Price stability: December-December variations in the consumer price index 53 --
Table 2.5 Budget discipline: Nonfinancial public sector surplus/deficit 55 --
Table 2.6 Gross national savings 57 --
Table 2.7 External debt 59 --
Table 2.8 Currency stability: Real effective exchange rate index 61 --
Table 2.9 Market-oriented policies 63 --
Table 2.10 Reliance on trade taxes 78 --
Table 2.11 Policy sustainability 80 --
Table 3.1 Latin American and the Caribbean: Trade shares, 1999 93 --
Table 3.2 US merchandise exports 95 --
Table 3.3 US merchandise imports 95.
Responsibility: Jeffrey J. Schott.

Abstract:

"Negotiations on a Free Trade Area of the Americas (FTAA) were officially launched at the Santiago Summit in April 1998. This study examines the prospects for the FTAA in light of recent economic and political turmoil in Latin America and the continuing impasse over US "fast-track" authority. The study evaluates progress to date in the trade talks and proposals for accelerating the target date of January 2005 for concluding negotiations, and it takes into account the results of the April 2001 Quebec Summit. It surveys regional interests in the wide-ranging negotiating agenda and assesses the "readiness" of countries to participate in a hemisphere-wide free trade zone (based on updated "readiness indicators" originally developed by Gary C. Hufbauer and Jeffrey J. Schott in their 1994 study, Western Hemisphere Economic Integration). Book jacket."--Jacket.

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