Topic: Regional Integration

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Cooperation and Provision of Regional Public Goods: The IIRSA case

This article analyzes the Initiative for the Integration of Regional Infrastructure in South America (IIRSA) as a mechanism for intergovernmental cooperation. In particular, the paper explores the factors that explain why the process has been actively working since its launching in 2000.

XXIV Exposición Comercial Internacional (Spanish only)

Para mí es un gran gusto participar esta tarde en la inauguración de esta edición número 24 de EXPOCOMER. Esta exposición de comercio internacional representa la mejor vitrina...

Andean integration: Myths or realities?

While three of the five Andean countries—Colombia, Ecuador and Peru—are participating actively in the free trade agreement negotiations to promote commerce and investment between the United States and the Andean Community, the recent celebration of the Ninth Annual Corporación Andina de Fomento (CAF) Conference served to reflect on the differences within the subregion and the positions held by the two other Andean countries, which abstained from taking part in the negotiations. Bolivia plays only the role of an observer, while Venezuela is skeptical of the proposed model.

IDB promotes cooperation among countries of Latin America and Caribbean with new financing mechanism

Debt intolerance and Latin America

Developing countries can no longer sustain the levels of debt previously thought to be safe, according to recent analysis. Countries are less tolerant to debt in emerging markets where chances of default are high even in the presence of relatively low debt-to-GNP ratios.

Mexico – EU Free Trade Area opens doors to foreign trade for Latin America

Sérgio Gómez Lora, IDB foreign trade specialist, points to new trade possibilities for Latin American countries.

A Euro for Latin America?

A study by economists Mauricio de la Cuba and Diego Winkelried suggests that a common currency in Latin America might be more viable at a subregional level since some countries have similar economic cycles fluctuations and price stability. The study also indicates growing correlation in variable interest rates among countries—a key condition for a successful monetary union.

Partnering Japan and Latin America

Japan and Latin America and the Caribbean look to reinforce relationships when high-ranking officers from their public and private sectors meet at the Japan – Latin America and the Caribbean Global Partnership symposium this week in Tokyo.

Beyond voting

A quarter of a century ago, democratic governments in Latin America were the exception. Today, most of the countries in the region have democratic governments. But,according to Cardinal Oscar Andrés Rodriguez, archbishop of Tegucigalpa and president of the Foro de Fortalecimiento a la Democracia, there is still a lot of work to do.

Joining forces for integration

Speaking at IDB headquarters during the presentation of the book Integrating the Americas: FTAA and Beyond, a joint-venture between Harvard University and the IDB, Harvard president Larry Summers said Latin American integration through trade and the future of the Free Trade Area of the Americas (FTAA) largely depend on U.S. priorities.

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