Ever since the presidents of Chile, Colombia, Mexico, and Peru signed the Framework Agreement for the Pacific Alliance in June 2012 at the Paranal Observatory in Chile, the four countries have been hard at work to create an area of deep integration in Latin America that will increase trade openness, boost competitiveness, and foster growth. May 1, 2016, marked the coming … [Read more...] about Why Are We Celebrating the Entry into Force of the Additional Trade Protocol to the Pacific Alliance?
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The pandemic as an opportunity for digital transformation in customs
Customs authorities in Latin America and the Caribbean (LAC) can leverage new technologies and innovations to boost their digital transformation and streamline foreign trade logistics. This, in turn, can help improve competitiveness and bolster the countries´ economic growth. The pandemic highlighted the importance of trade and … [Read more...] about The pandemic as an opportunity for digital transformation in customs
The Spaghetti Bowl and International Supply Chains
Latin America regional integration can be characterized by the co-existence of multiple trade agreements: there are 33 of these in total, their membership is limited in scope, and they generally act as separate silos which lack important interconnections between them. Common sense indicates that while this “spaghetti bowl” of agreements might encourage production linkages … [Read more...] about The Spaghetti Bowl and International Supply Chains
Why Evaluate Regional Cooperation Projects?
Public policies and development cooperation have shifted toward an evidence-based approach. “Evidence” is no longer the exclusive domain of forensic and other scientists: the term is now regularly featured in the design and implementation of public policies in both developed and developing countries. … [Read more...] about Why Evaluate Regional Cooperation Projects?
How to Support Productive Internationalization in Latin America?
Latin American countries are known to experience difficulties in integrating into the international economy. Numerous studies bear witness to this while recommending various policies to promote the advancement of productive internationalization in the region. Despite their potential benefits, the recommended policies can only be implemented in the presence of certain state … [Read more...] about How to Support Productive Internationalization in Latin America?