1.

Record Nr.

UNINA9910461975603321

Autore

Medina Cas Stephanie

Titolo

Central America, Panama, and the Dominican Republic [[electronic resource] ] : trade integration and economic performance / / Stephanie Medina Cas, Andrew Swiston, and Luis-Diego Barrot

Pubbl/distr/stampa

Washington, D.C., : International Monetary Fund, c2012

ISBN

1-4755-1201-5

1-4755-1200-7

Descrizione fisica

1 online resource (41 p.)

Collana

IMF working paper ; ; WP/12/234

Altri autori (Persone)

SwistonA (Andrew James)

BarrotLuis-Diego

Soggetti

International trade

Economic development - Central America

Economic development - Panama

Economic development - Dominican Republic

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; Contents; I. Introduction and Summary; II. Historical and Prospective Economic Performance; Figures; 1. Economic Growth in CAPDR; 2. Export-to-GDP Ratios, Average 1960-2009; 3. Openness and Growth; 4. Economic Size and Outward Orientation; 5. CAPDR: Exports by Destination; III. Trade Integration Agreements and Regional Initiatives; Box 1. Mesoamerican Project; 6. CAPDR: Average Effective Tariff Rates; 7. Programmed Harmonization of Tariffs under CAPDR; 8. CAPDR: Trade Logistics, Infrastructure, and Customs; IV. The Profile of CAPDR's Exports; A. Overall Exports of Goods and Services

9. CAPDR: Exports to GDP10. CAPDR: Exports of Goods and Services; B. Outward Orientation Indexes; 11. Exports of Small Countries; 12. Intra-Regional Exports of Small Countries; 13. CAPDR: Assessing Outward Orientation; 14. Sophistication of Services Exports; V. Outward Orientation and Economic Performance; A. Exports Model; Tables; 1. The Determinants of Exports to GDP; B. Growth Model; 15. Exports of Small Countries; 16. Intra-Regional Exports of Small Countries; 2. The



Impact of Outward Orientation on Growth; VI. Conclusions; 17. CAPDR: Effect on Growth from Improving Export Structure

AppendixesI. Country Groupings, Data Definitions and Sources, and Formulas; Appendix Tables; A.1. Countries Included in the Analysis; A.2. Data Sources; II. Key Features of Multilateral Trade Agreements Involving CAPDR; III. International Trade Agreements in CAPDR; References

Sommario/riassunto

This paper studies the potential for the export sector to play a more important role in promoting growth in Central America, Panama, and the Dominican Republic (CAPDR) through deeper intra-regional and global trade integration. CAPDR countries have enacted many free trade agreements and other regional integration initiatives in recent years, but this paper finds that their exports remain below the norm for countries of their size. Several indexes of outward orientation are constructed and suggest that the breadth of geographic trading relationships, depth of integration into global production