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Challenges of CAFTA: Challenges And Opportunities for Central America (Directions in Development)
 
 
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Challenges of CAFTA: Challenges And Opportunities for Central America (Directions in Development) [Paperback]

Daniel Lederman (Author), C. Felipe Jaramillo (Author), Maurizio Bussolo (Author), David Gould (Author), Mason Andrew (Author)

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Book Description

Directions in Development June 27, 2006
The report provides a preliminary assessment of DR-CAFTA, with particular attention to three key themes: (i) expected trade and non-trade benefits, (ii) actions that Central American countries need to pursue to capitalize optimally on the new opportunities, and (iii) identification of the population groups that may require assistance to adapt to a more competitive environment. The Introductory Chapter reviews the main findings of the report. Chapter II places DR-CAFTA in the historical context of the economic reforms that Central America has been undertaking since the late 1980s. Chapter III provides a summary overview of the recently negotiated DR-CAFTA. Chapter IV reviews various analyses that assess the potential impacts of DR-CAFTA in Central American countries. Chapter V focuses on the identification of potentially affected populations from the easing of trade restrictions in sensitive agricultural products and analyzes policy options to assist vulnerable groups. Chapter VI reviews evidence related to key macroeconomic implications of DR-CAFTA, namely the potential revenue losses and effect on the patterns of business-cycle synchronization. Chapter VII reviews evidence from each Central American country in the areas of trade facilitation, institutional and regulatory reforms, and innovation and education, in order to identify key priorities for the complementary agenda for DR-CAFTA.

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Inside This Book (learn more)
First Sentence:
A central factor in determining the future of Central America will be the ratification and implementation of DR-CAFTA, the free trade agreement FTA) negotiated by Costa Rica, the Dominican Republic (DR), El Salvador, Guatemala, Honduras, and Nicaragua with the United States. Read the first page
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Central American, Costa Rica, World Bank, Latin America, Dominican Republic, European Union, Caribbean Basin Initiative, Agriculture Coffee, Alternative Estimates of Fiscal Losses, Country Estimate, Food Price Index, Services Construction
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