Asymmetries: a fuzzy topic in the process of integration

FTAs have gained prominence in the trade policy of Latin American countries to the detriment of other forms of economic integration. In this trend there is a predominance of south-north schemes, where all kinds of asymmetries are evident. The aim of this paper is to demonstrate that the reduction of...

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Main Author: Jaime Alberto Rendón Acevedo
Format: Article
Language:English
Published: Konrad Lorenz Fundación Universitaria 2012-12-01
Series:Suma de Negocios
Subjects:
Online Access:http://publicaciones.konradlorenz.edu.co/index.php/SumaDeNegocios/article/view/1206
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author Jaime Alberto Rendón Acevedo
author_facet Jaime Alberto Rendón Acevedo
author_sort Jaime Alberto Rendón Acevedo
collection DOAJ
description FTAs have gained prominence in the trade policy of Latin American countries to the detriment of other forms of economic integration. In this trend there is a predominance of south-north schemes, where all kinds of asymmetries are evident. The aim of this paper is to demonstrate that the reduction of asymmetries should be a primary goal of the FTAs. The methodology is a review of literature on Latin American FTAs with the United States, particularly those signed by Mexico, Chile and Colombia. As a result, we see that an appropriate treatment of the differences between involved economies is not only desirable for the development of Latin American countries but also it is possible through monetary and industrial policy adjusted to the reality of these countries.
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spelling doaj.art-bf6ccb1f23db4ad5b47bd2b727a93dca2022-12-22T01:00:53ZengKonrad Lorenz Fundación UniversitariaSuma de Negocios2215-910X2215-910X2012-12-01371932Asymmetries: a fuzzy topic in the process of integrationJaime Alberto Rendón Acevedo0Universidad de la Salle, Bogotá, ColombiaFTAs have gained prominence in the trade policy of Latin American countries to the detriment of other forms of economic integration. In this trend there is a predominance of south-north schemes, where all kinds of asymmetries are evident. The aim of this paper is to demonstrate that the reduction of asymmetries should be a primary goal of the FTAs. The methodology is a review of literature on Latin American FTAs with the United States, particularly those signed by Mexico, Chile and Colombia. As a result, we see that an appropriate treatment of the differences between involved economies is not only desirable for the development of Latin American countries but also it is possible through monetary and industrial policy adjusted to the reality of these countries.http://publicaciones.konradlorenz.edu.co/index.php/SumaDeNegocios/article/view/1206economic integrationfree trade agreementsNAFTAasymmetriestrade policy
spellingShingle Jaime Alberto Rendón Acevedo
Asymmetries: a fuzzy topic in the process of integration
Suma de Negocios
economic integration
free trade agreements
NAFTA
asymmetries
trade policy
title Asymmetries: a fuzzy topic in the process of integration
title_full Asymmetries: a fuzzy topic in the process of integration
title_fullStr Asymmetries: a fuzzy topic in the process of integration
title_full_unstemmed Asymmetries: a fuzzy topic in the process of integration
title_short Asymmetries: a fuzzy topic in the process of integration
title_sort asymmetries a fuzzy topic in the process of integration
topic economic integration
free trade agreements
NAFTA
asymmetries
trade policy
url http://publicaciones.konradlorenz.edu.co/index.php/SumaDeNegocios/article/view/1206
work_keys_str_mv AT jaimealbertorendonacevedo asymmetriesafuzzytopicintheprocessofintegration