Regional Integration in Latin America - The Pacific Alliance a Way Ahead
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Regional Integration in Latin America - The Pacific Alliance a Way Ahead
Books, Spanish

Prospects and Opportunities for the Pacific Alliance

Brief:
This is a 2015 edited contribution by Universidad CESA and Universidad del Desarrollo. The book delves into more detail on the achievements that the PA has made up to this point and also touches on particular aspects of the PA, including contributions on particular countries such as Chile and Peru. The chapter by Edgar Vieira is worth exploring since it provides interesting insights from a theoretical and practical point of view. Some general recommendations on steps forward come from the contributions while a strong economic focus on their analysis persists in most of the chapters. The publication encompasses ten chapters and the introduction by the editors.

Resumen:
No disponible

Editors: Isabel Rodríguez Aranda and Edgar Vieira Posada
Spanish Title: Perspectivas y Oportunidades de la Alianza del Pacífico
Full document: Not available (Editorial CESA, 2015)

March 22, 2016by Ana Maria Palacio
English, Working Papers

How to Foster the Internationalisation of SMEs through the Pacific Alliance Integration Process

Abstract:
This report is a preliminary stocktaking exercise, which underscores the significant opportunities that further intra-regional integration and support for SME internationalisation could bring to the economies of the four countries concerned. Representing close to 99% of businesses and 67% of employment, a comprehensive joint strategy in support of SME competitiveness and internationalisation could result in significant gains in terms of both productivity and inclusive growth.

  • Section 1 provides a general context of SMEs and the existing trade structure in the PA, and of challenges and opportunities that SMEs face when engaging in international activities.
  • Section 2 takes stock of PA countries’ current policy efforts and initiatives carried out to promote SME development and internationalisation; provides elements for the PA to consider in advancing their joint agenda, grouped in the policy domains of finance, business environment, firm capabilities, market
    access and trade.

Overall, the building of a regional market through the PA’s programme of trade and investment liberalisation, as well as the fragmentation of production into global value chains (GVCs), opens new opportunities for SMEs. However, trade and investment liberalisation alone will not be sufficient to secure a higher level of SME internationalisation. The PA economies, particularly Chile, Colombia and Peru, are currently concentrated on a few resource-oriented sectors where SMEs play a marginal role. The PA will need policies to promote economic diversification and support entrepreneurship and enterprise development to build productive capacities and develop new comparative advantages in the manufacturing and service sectors in order to broaden and deepen trade flows and enable a more active role for SMEs.

Resumen:
No disponible

Institutional Author: OECD
Full document: 2015, OECD, How to Foster the Internationalisation of SMEs through the Pacific Alliance Integration Process

March 10, 2016by Ana Maria Palacio
Journal Articles, Spanish

The Pacific Alliance and the Common Market of the South: Two Approaches to Regional Economic Integration

Abstract:
Both the Pacific Alliance (PA) and the Common Market of the South (Mercosur) are economic regional integration agreements whose constitutive principles conform to the so-called open regionalism.

However, when the PA was launched in 2011, with the Declaration of Lima, Mercosur had distanced from economic liberalism, and its political agenda, which had acquired special relevance, led it to clashes with the United States.

Some analysts came to speak of a confrontation between the efficient liberalisers of the PA and the inefficient statists of Mercosur. In this paper, I analyse both regional agreements. The research, based on documentary sources and statistics, aims to evaluate the ability of these two bodies to promote economic development through regional integration. This is an objective proposed in its constituent documents. The main conclusion is that AP is better prepared to achieve the proposed objective because of its commitment to deep integration and trade of global value chains. Another concluding remark is that political and ideological confrontation have become a disturbing element in the performance of Mercosur.

Resumen:
Tanto el Mercado Común del Sur (Mercosur) como la Alianza del Pacífico (AP) son acuerdos de integración económica regional, cuyos principios constitutivos se ajustan al denominado regionalismo abierto. Sin embargo, cuando nace la AP, con la Declaración de Lima del 28 de abril de 2011, el Mercosur estaba alejado del liberalismo económico, y su agenda política, que había adquirido especial relevancia, lo condujo a enfrentamientos con los Estados Unidos. Algunos analistas llegaron a hablar de una confrontación entre los librecambistas eficientes de la AP y los estatistas ineficientes del Mercosur.

En este artículo, se hace un análisis de ambos organismos regionales. La investigación, basada en fuentes documentales y estadísticas, pretende evaluar la capacidad de estos organismos para impulsar el desarrollo económico mediante la integración regional, objetivo propuesto en sus documentos constitutivos. La principal conclusión es que la AP está mejor preparada para lograr el objetivo propuesto debido a su compromiso con la integración profunda y el comercio de cadenas globales de valor. Otra es que la política y el enfrentamiento ideológico se han convertido en un elemento perturbador del desempeño del Mercosur.

Author: Alberto Martínez Castillo
Spanish Title: Alianza del Pacífico y el Mercado Común del Sur: dos enfoques  de la integración económica regional
Full document: 2016, Castillo, Alianza del Pacífico y Mercado Común del Sur- Dos enfoques de la Integración Económica Regional

 

March 10, 2016by Ana Maria Palacio

Recent Posts

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About Editors

Hello my name is Ana Maria Palacio. I have a PhD from the University of Melbourne. This blog is about my thesis project, the Pacific Alliance.

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