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Sustaining Trade Reform : Institutional Lessons from Argentina and Peru

Author

Listed:
  • Elias A. Baracat
  • J. Michael Finger
  • Raúl León Thorne
  • Julio J. Nogués

Abstract

Trade reform in Latin America in the 1980s and 1990s was in significant part a reform of policy-making institutions. The institutions that existed when the reforms began had been created in response to particular protectionist pressures at particular times, and afterward they were controlled by the interests on whose behalf they had been created. This book was prompted by preliminary evidence suggesting that the reforms have been better sustained in Peru than in Argentina. Peru has continued its liberalization whereas Argentina has imposed a number of new trade restrictions. Moreover, decisions on many of Argentina's restrictions have not gone through the new mechanisms. The objective of this book is to draw lessons from Peruvian and Argentine experience that will be useful to governments that want to maintain an open trade regime. From a positive perspective, the authors want to identify what the Peruvian government has done that has kept its liberalization moving forward. The Peru study focuses on how reform leaders in that country have reinforced the evolution of a new management culture and how they have disseminated widely in Peruvian society a positive vision of Peru in the international economy.

Suggested Citation

  • Elias A. Baracat & J. Michael Finger & Raúl León Thorne & Julio J. Nogués, 2013. "Sustaining Trade Reform : Institutional Lessons from Argentina and Peru," World Bank Publications - Books, The World Bank Group, number 15794.
    • Handle: RePEc:wbk:wbpubs:15794
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/15794/796180PUB0REPL00Box377374B00PUBLIC0.pdf?sequence=1
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    References listed on IDEAS

    as
    1. Mona Haddad & Ben Shepherd, 2011. "Managing Openness : Trade and Outward-oriented Growth After the Crisis," World Bank Publications - Books, The World Bank Group, number 2283.
    2. J. Michael Finger & Julio J. Nogués, 2006. "Safeguards and Antidumping in Latin American Trade Liberalization : Fighting Fire with Fire," World Bank Publications - Books, The World Bank Group, number 7407.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Jane Korinek, 2015. "Managing the Minerals Sector: Implications for Trade from Peru and Colombia," OECD Trade Policy Papers 186, OECD Publishing.
    2. Nogues, Julio & O'Connor, Ernesto, 2020. "Rents, “infant industry” and contingent protection policies: gains and losses for Argentina’s biodiesel industry," MPRA Paper 102419, University Library of Munich, Germany.
    3. Baracat, Elias A. & Finger, J. Michael & Thorne, Raul Leon & Nogues, Julio J., 2013. "Sustaining trade reform : institutional lessons from Peru and Argentina," Policy Research Working Paper Series 6610, The World Bank.
    4. Nogues, Julio J., 2017. "Mercosur- EU Trade negotiations: ending trade diversion, strengthening trade institutions," MPRA Paper 92287, University Library of Munich, Germany, revised 2017.
    5. Manfred Elsig & Bernard M. Hoekman & Joost Pauwelyn, 2016. "Thinking about the performance of the World Trade Organization: A discussion across disciplines," RSCAS Working Papers 2016/13, European University Institute.
    6. Nogues, Julio, 2015. "Barreras sobre las exportaciones agropecuarias: impactos económicos y sociales de su eliminación [Dismantling export barriers: economic and social impacts]," MPRA Paper 83223, University Library of Munich, Germany.

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