Challenges of CAFTA

Challenges of CAFTA

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qThe report provides a preliminary assessment of DR-CAFTA, with particular attention to three key themes: (i) expected trade and non-trade benefits, (ii) actions that Central American countries need to pursue to capitalize optimally on the new opportunities, and (iii) identification of the population groups that may require assistance to adapt to a more competitive environment. The Introductory Chapter reviews the main findings of the report. Chapter II places DR-CAFTA in the historical context of the economic reforms that Central America has been undertaking since the late 1980s. Chapter III provides a summary overview of the recently negotiated DR-CAFTA. Chapter IV reviews various analyses that assess the potential impacts of DR-CAFTA in Central American countries. Chapter V focuses on the identification of potentially affected populations from the easing of trade restrictions in sensitive agricultural products and analyzes policy options to assist vulnerable groups. Chapter VI reviews evidence related to key macroeconomic implications of DR-CAFTA, namely the potential revenue losses and effect on the patterns of business-cycle synchronization. Chapter VII reviews evidence from each Central American country in the areas of trade facilitation, institutional and regulatory reforms, and innovation and education, in order to identify key priorities for the complementary agenda for DR-CAFTA.qImports 2004 ($000) imports ($000) Change HS code and product description (% ) Total 1, 485, 314 177, 416 12 87 Vehicles 1414, 227 36, 141 26 27 Mineral fuels, oils 178, 037 14, 140 8 94 Furniture, bedding, mattress, mat support 16, 630 12, 054 72 85 Electrical machinery and parts ... 5 21 Miscellaneous edible preparations 27, 482 5, 520 20 48 Paper and paperboard, articles of paper pulp 68, 064 5, 304 8 52anbsp;...

Title:Challenges of CAFTA
Author:Daniel Lederman
Publisher:World Bank Publications - 2006-01-01


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