Like their colleagues around the world, trade ministers in Latin America and the Caribbean (LAC) can barely get a break these days. Backlashes against globalization at home and abroad were swiftly followed by a public health crisis and geopolitical tensions that revived long-dormant calls for protection. As if that wasn’t enough, trade policy has also been called to play a role … [Read more...] about Can trade policy contribute to fighting global warming in Latin America and the Caribbean?
Trade and investment relations between Korea and Latin America and the Caribbean (LAC) have come a long way. As the two economies embraced trade liberalization in the early 1990s, their bilateral trade grew at an impressive annual rate of 11.5%—reaching a record high of US$57 billion in 2021. The trade boom came along with US$26 billion in investments by Korean firms in the … [Read more...] about Korea and Latin America and the Caribbean: Partners for Sustainable Trade and Investment￼
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?