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Unlocking Central America's Export Potential : Export Performance
- Publication Year :
- 2012
- Publisher :
- Washington, DC, 2012.
-
Abstract
- The Central America region is a small market. The region contains around 43 million inhabitants (0.6 percent of total world population) who generate around 0.25 percent of the world's Gross Domestic Product (GDP). While the region has successfully embarked on a regional integration agenda and has strong commercial links with the US, extra-regional trade-mainly with large fast-growing emerging economies-remains a challenge. Export performance is analyzed along three dimensions that, together, give a fairly comprehensive picture of competitiveness: 1) the composition, orientation and growth of the export basket; 2) the degree of export diversification across products and markets; and 3) the level of sophistication and quality of their main exports. This analysis allows exports dynamics at the different margins of trade (intensive, extensive, and quality) to be evaluated and individual countries' to be benchmarked with peers in the Central American region. The results of this report allow policy makers to identify key areas to explore in the overall discussion of export competitiveness in the Central American region. This paper relates to the literature on challenges and opportunities that trade liberalization can bring to the Central American region. Much of the recent literature focuses on the role of the free trade agreement negotiated by Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua, with the US.
- Subjects :
- BILATERAL RELATIONSHIPS
FOREIGN TRADE
TRADE LIBERALIZATION
CUSTOMS
EXPORT PATTERNS
MARKET ACCESS
PRELIMINARY ASSESSMENT
PROTECTIONIST MEASURES
PREFERENTIAL MARKET ACCESS
GLOBAL MARKET
APPAREL SECTOR
PREFERENTIAL TREATMENT
VALUE ADDED
WORLD TRADE
EXPORT SECTOR
GLOBAL COMPETITION
EXCHANGE RATES
TRUST FUND
FREE ZONES
TERMS OF TRADE
TRADE CENTER
EXPORT MARKETS
DOMESTIC MARKET
TECHNICAL BARRIERS
MISSING MARKETS
CUSTOMS TERRITORY
INCOME
INPUT PRICES
CAPACITY OF FIRMS
EXPORT GROWTH
INSTRUMENT
FINISHED PRODUCTS
APPAREL EXPORTS
TRADE PATTERNS
TRADE OPENNESS
ECONOMIC CRISIS
FINANCIAL CRISIS
COMPETITIVENESS
TRADE FACILITATION
TRADE PERFORMANCE
PER CAPITA INCOME
COMMON MARKET
TRADE DEFICITS
EXPORT SHARES
TARIFF REDUCTIONS
TRADE DATA
TREATY
REGIONAL TRADE AGREEMENTS
IMPORT DATA
NEGATIVE SHOCKS
OUTSOURCING
WORLD TRADE ORGANIZATION
EMERGING MARKETS
MULTINATIONAL CORPORATIONS
WELFARE GAINS
EMERGING ECONOMIES
EXPORT MARKET
FOREIGN DIRECT INVESTMENT
MARGINAL COSTS
ECONOMIC SECTORS
INTERMEDIATE GOODS
REMITTANCE
INTRAREGIONAL TRADE
EXPORTERS
INTERNATIONAL MARKETS
TRADE DEFICIT
GLOBAL ECONOMY
PREFERENTIAL RULES
NET EXPORTS
APPAREL
EXPORTER
LABOR MARKET
TARIFF REDUCTION
OPENNESS
TRADE AGREEMENT
INFORMATION SYSTEM
TRADE INTEGRATION
SUPPLIER
GDP PER CAPITA
APPAREL INDUSTRY
TRADE SURPLUS
INCOME LEVELS
IMPORT LICENSING
FREE ZONE
MARKET DIVERSIFICATION
TRADE PARTNER
PROTECTIONIST
BARRIERS TO TRADE
FREE TRADE AGREEMENT
PREFERENTIAL TARIFFS
ECONOMIC DEVELOPMENT
EXPORT BASKETS
LOCAL MARKET
PREFERENTIAL TRADE AGREEMENTS
FREE ACCESS
FREE TRADE
PRICE CONTROLS
CONSUMERS
GRAVITY MODEL
ECONOMIC INTEGRATION
INVESTMENT PROJECTS
WTO
GDP
TARIFF PREFERENCE LEVEL
FREE TRADE ZONE
TRADE BALANCE
REGIONAL TRADE
EXTERNAL TARIFFS
FOREIGN SUPPLIERS
IMPORT SHARE
SPECIALIZATION
EXPORT DIVERSIFICATION
EXPORTS
FOREIGN MARKETS
INTERNATIONAL PRODUCTION
TRADE RELATIONSHIP
REMITTANCES
BENCHMARK
INTERNATIONAL TRADE
BENCHMARKS
DOMESTIC PRODUCERS
HOST COUNTRY
REGIONAL INTEGRATION
HUMAN CAPITAL
EQUIPMENT
INSURANCE
QUOTA SYSTEM
SUPPLY CHAIN
TURNOVER
EXPORT BASKET
TRADE FLOWS
FREE TRADE AGREEMENTS
INTELLECTUAL PROPERTY
EXPORT SHARE
BILATERAL TRADE
AVERAGE TARIFF
GROSS EXPORTS
TRADE MORE
MIDDLE INCOME COUNTRIES
DOMESTIC INDUSTRIES
EXPORT ORIENTATION
EXPORT VOLUMES
IMPORTS
GROWTH RATE
DEVELOPING COUNTRIES
FOREIGN MARKET
LOW TARIFFS
MARKET INFORMATION
TRADE BALANCES
MARKET SHARE
TRADE COSTS
MARKET FAILURES
PREFERENTIAL TRADE
GLOBALIZATION
SALES
EXPORT SECTORS
FOREIGN INVESTMENT
INVESTMENT BANK
TRADE-RELATED INVESTMENT
AGRICULTURAL PRODUCTS
EXPORT CAPACITY
TRADE RESTRICTIONS
FOREIGN FIRMS
TRADING
STATISTICAL ANALYSIS
COMPARATIVE ADVANTAGE
EXPORT VALUE
LOCAL ECONOMY
FINANCIAL SUPPORT
LOCAL BUSINESS
TRADE RELATIONSHIPS
DOMESTIC SUPPLIERS
KNOWLEDGE SPILLOVERS
AGGREGATE EXPORTS
MARKET SHARES
EXPORT COMPETITIVENESS
BENCHMARKING
COMPARATIVE ADVANTAGES
EXPORT PERFORMANCE
VOLATILITY
Subjects
Details
- Language :
- English
- Database :
- OpenAIRE
- Accession number :
- edsair.od......2456..85f1e191c9b8e64661242a40a4021b2e