Author
Abstract
International classifications provide information about the development, commerce and external debts status of different countries which is relevant to examine economic integration. However, size is hot explicitly taken into account. Size differences are a major concern for the economic integration of small countries in the Western Hemisphere. Are they justified? In what respect? Are other economic issues more relevant than size? This article explores the subject of country size and reviews the main indicators of economic integration for small and big countries. Economic performance seems unrelated with size, although there are other constrains on economic integration of small countries whit big ones. The paper’s conclusions is that inefficiencies due to economic of scale, the openness degree and the low independence of economic policy, are critical areas for small countries that could widen actual disparities in integration accords with big countries. // Las clasificaciones internacionales de países aportan información relacionada con el desarrollo económico, el comercio y la deuda externa, información pertinente para la integración económica. El tamaño, no obstante, no es abordado explicitamente en las clasificaciones. Las diferencias de tamaño constituyen una preocupación principal de los países pequeños para la integración económica en el Hemisferio Occidental.¿Se justifican estas? ¿En que medida? ¿Son otros aspectos relacionados con la conducción económica más importantes que el tamaño? El artículo explora el tema del tamaño de países y un revisión cruzada de principales indicadores de países pequeños y grandes, fundamentales para una integración comercial y económica. El desempeño económico no aparece relacionado al tamaño, auque existen otras limitaciones impuestas por el tamaño para una integración de países pequeños con grandes. El artículo concluye que ineficiencias impuestas por economías de escala, el mayor grado de apertura, y la menor independencia de la política económica, son campos críticos de interés para los países pequeños, y que podrían exacerbar las actuales disparidades en los acuerdos de integración con países grandes.
Suggested Citation
Gutiérrez, Mario A., 1996.
"Observaciones respecto a las economías pequeñas en el proceso de integración económica del Hemisferio Occidental,"
El Trimestre Económico, Fondo de Cultura Económica, vol. 63(251), pages 1171-1227, julio-sep.
Handle:
RePEc:elt:journl:v:63:y:1996:i:251:p:1171-1227
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