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Author: search.filters.author.Alan Fairlie ReinosoSubject: search.filters.subject.Pacific Alliance

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    Pacific Alliance: trade implications on member countries and other regional trade agreements
    (John Wiley and Sons Inc, 2022-11-01)
    The Pacific Alliance, born as an alternative to “postliberal regionalism,” aimed at reinforcing the liberalization and openness strategies as well as the North–South agreements previously subscribed by its members. It sought to enhance intraregional trade, promote value chains, and reach out to the Asia‐Pacific region. Ten years after the creation of the Pacific Alliance, it is relevant to assess its effect on trade flows among its members and with other regional trade agreements like the Andean Community and the Southern Common Market. We use an augmented gravity model and the panel data methodology to provide evidence that the Pacific Alliance has not affected trade flows significantly among its members or with other South American regional trade agreements.
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    Impacto de las cláusulas de transferencia tecnológica e innovación en los acuerdos comerciales regionales
    (Universidade de Sao Paolo, 2023-01-01)
    International trade is one of the main vehicles to promote the technology transfer as it contributes to the generation of new products with greater added value, expanding export opportunities and diversification, as well as the insertion of domestic companies in global value chains. This article seeks to determine the impact of the technology related provisions in the main trade agreements that are signed by Latin America and the Caribbean countries in the last 20 years on the level of exports, particularly on the export of goods in technology-intensive sectors. It attempts to analyze whether this effect varies between North-South and South-South trade agreements, especially in the case of the Pacific Alliance.
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    Inequality and Convergence in Latin American Regional Trade Agreements
    (Wiley, 2025-03-01)
    The process of Latin American integration has been characterized by both significant advances and setbacks; it is driven by the potential for economic convergence, which seeks to reduce disparities and asymmetries among the region's countries. This article aims to estimate inequality indexes and assess the presence of convergence within and among Latin American integration blocs—The Pacific Alliance, the Andean Community, and the Southern Common Market. To achieve this goal, measures of inequality—including sigma dispersion, the Gini coefficient, and the Theil index—were calculated for the past 22 years. The findings indicate that inequality has increased throughout most of the studied period, with the Southern Common Market exhibiting the highest levels of inequality, followed by the Andean Community and the Pacific Alliance. Furthermore, the analysis of data from 1990 to 2021 reveals a lack of economic convergence between the Southern Common Market and the Andean Community during periods of unilateral trade liberalization, North–South free trade agreements, and the commodities boom. Similarly, the Pacific Alliance shows no evidence of economic convergence between its member countries. While the bloc's formation in 2012 suggests a possible shift in the trend, this change is insufficient to establish a definitive convergence.
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