Trade, Industrialization, and Integration in Twentieth-Century Central America

By Irma Tirado de Alonso | Go to book overview

5
MEXICO AS A POTENTIAL MARKET FOR CENTRAL AMERICAN AND CARIBBEAN PRODUCTS

Jorge Salazar-Carrillo Irma T. de Alonso


INTRODUCTION

This chapter examines and evaluates trade relations between Mexico and the countries of Central America and the Caribbean. One of the main objectives is to determine whether recent trade agreements between Mexico and these various countries have strengthened economic ties and cooperation within the region. During the course of the evaluation, suggestions are offered on how existing trade agreements may be modified in terms of product lists so as to further the goal of regional economic integration. In the next section there is a discussion of the methodology used in two studies by the Institutes of Economic and Social Research in the Caribbean Basin (IESCARIBE) which provide the foundation for this analysis. The third section presents a brief overview of how trade has progressed in this region in terms of the institutions that were established to oversee and facilitate trade and also any important agreements that may have resulted. The fourth and fifth sections analyze trade between Mexico and the countries of Central America and between Mexico and the Caribbean as a whole, respectively. The final section closes the chapter with a discussion of the future prospects of Mexico's free trade agreement with the United States, with emphasis on how this agreement may provide windfall benefits, not only to Mexico, but to the entire region at large.


METHODOLOGY

The analyses below are based on information drawn from two studies undertaken by IESCARIBE. The first study was sponsored by AID-ROCAP and was actually a joint project between IESCARIBE and the Secretaria Permanente del Tratado de Integración Económica Centro Americana (SIECA) (see Trejos Gollás , et al., 1988). The second study was cosponsored by the Interamerican Development Bank, (see Gollás, 1989). The AID-ROCAP results are discussed in the fourth section and the IESCARIBE-IDB follow.

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Trade, Industrialization, and Integration in Twentieth-Century Central America
Table of contents

Table of contents

  • Title Page iii
  • Contents v
  • Illustrations vii
  • Preface xi
  • PART I INTRODUCTION 1
  • 1: CENTRAL AMERICA: THE CHALLENGES OF TRADE, INDUSTRIALIZATION, and INTEGRATION IN THE TWENTIETH CENTURY 3
  • 2: A MACROECONOMIC ASSESSMENT OF CENTRAL AMERICA 15
  • SUMMARY AND OVERVIEW 36
  • Note 36
  • PART II TRADE IN CENTRAL AMERICA 39
  • 3: THE STRUCTURE OF TRADE IN CENTRAL AMERICA 41
  • SUMMARY 58
  • Notes 59
  • References 59
  • 4: IDUSTRIALIZATION and TRADE IN CENTRAL AMERICA 61
  • Notes 85
  • References 85
  • 5: MEXICO AS A POTENTIAL MARKET FOR CENTRAL AMERICAN and CARIBBEAN PRODUCTS 87
  • Notes 98
  • PART III INDUSTRIALIZATION AND INTEGRATION IN CENTRAL AMERICA 101
  • 6: THE INTENSITY OF CENTRAL AMERICAN ECONOMIC INTEGRATION 103
  • CONCLUSIONS 111
  • Notes 113
  • Notes 114
  • 7: ASSEMBLY OPERATIONS IN CENTRAL AMERICA 117
  • References 149
  • 8: PANAMA: ECONOMIC INTEGRATION ALTERNATIVES, IMPLICATIONS, and PERSPECTIVES 153
  • Notes 178
  • References 179
  • 9: THE CENTRAL AMERICAN COMMON MARKET: AN ANALYSIS Of WELFARE EFFECTS FROM 1970 TO 1984 183
  • Conclusion 202
  • Notes 203
  • Notes 204
  • PART IV SPECIAL ISSUES 207
  • 10: ECONOMIC PROSPECTS FOR CENTRAL AMERICA IN THE DECADE OF THE 1990S 209
  • Notes 220
  • REFFERENCES 220
  • 11: A REVIEW OF ECONOMIC POLICIES and STRATEGIES FOR TRADE and INDUSTRIALIZATION IN CENTRAL AMERICA 223
  • CONCLUSION: WHERE TO FROM HERE? 232
  • References 235
  • 12: THE DILEMMA OF EXPORT RIVIVAL: NICARAGUAN AGRICULTURE AT A TURNING POINT 237
  • Notes 251
  • References 251
  • 13: CHALLENGES and PROSPECTS FOR CENTRAL AMERICA IN A GLOBAL TRADE CONTEXT 253
  • BIBLIOGRAPHICAL ESSAY 271
  • SELECTED BIBLIOGRAPHY 277
  • Index 279
  • ABOUT THE CONTRIBUTORS 289
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