Did you know that Latin America and the Caribbean’s export-related greenhouse gas (GHG) emissions grew considerably in the last 25 to 30 years? And that both the production and transportation of goods contributed to such growth? This is what we found in the study Footprint of Export-Related GHG Emissions from Latin America and the Caribbean, an initial step in the … [Read more...] about What is the Carbon Footprint of Latin American and Caribbean Exports?
The coronavirus pandemic has the potential to wreak havoc on Latin America and the Caribbean’s (LAC) trade and the integration, making it vital for governments to take appropriate measures to reduce its impact on the economy and life of its citizens. Over the last 100 years, there have been seven global pandemics (Spanish flu, Asian flu, Hong Kong flu, H1N1, SARS, MERS, and … [Read more...] about The impact of coronavirus trade and integration: what to do?
Over 30 years ago, the countries of Latin America and the Caribbean embarked on a large-scale experiment to reintegrate into the global economy. After years of stagnation, international trade became the best bet for growth, creating jobs and closing the inequality gap. But in the heat of the political debate, many of the expectations went beyond what the evidence and solid … [Read more...] about After 30 years of trade liberalization, now what?
How do Latin Americans feel about international trade? Are they in favor of it? If so, to what extent? We asked these questions ourselves at the Inter-American Development Bank, as part of a study on how trade liberalization has impacted Latin America and the Caribbean (LAC) in recent decades. To answer these questions, the IDB added a module on foreign trade to the 2018 … [Read more...] about Latin Americans: On Board with Trade
In a recent interview with a Brazilian newspaper, Chilean president Sebastián Piñera could not have been more precise when he summed up the challenges the region is still facing after more than a quarter of a century of regional integration. He argued that Latin America has more preferential trade agreements (PTAs) than any other region in the world and yet integration there … [Read more...] about Making it Whole: Integration in Latin America and the Caribbean