Transportation and Communication Infrastructure in Latin America: Lessons from Asia
22 Pages Posted: 31 May 2012
Date Written: April 2, 2012
Abstract
In Latin America, inadequate transportation infrastructure has been identified as an increasingly important impediment to the region's further integration in global trade and a significant factor preventing countries from properly taking advantage of the multitude of regional, plurilateral, and bilateral trade agreements signed in the past decade and a half. This paper examines transport and communications infrastructure initiatives in Latin American and Asian regional trade arrangements and finds several lessons Asia can teach Latin America.
Keywords: trade, infrastructure, regional trade agreements, RTAs, transport costs, transport infrastructure, cooperation, East Asia, Latin America
JEL Classification: F10, F15, O18, R11, R42, R58
Suggested Citation: Suggested Citation