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Costs and Benefits of Costa Rica Joining GATT

In: Economic Maladjustment in Central America

Author

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  • Olman Segura Bonilla

Abstract

Costa Rica was present at the Havana Conference (1947–48), but did not become part of the General Agreement on Tariffs and Trade (GATT). Not until 1972 at a meeting of economic ministers from Central America did the government agree to participate in the Tokyo Round that planned to open in 1973. Of the Central American countries only Nicaragua belonged to GATT, because of its close commercial ties with the United States. In the meeting of Central American ministers of agriculture and of economy in November 1977, and the meeting of vice-ministers in June 1978, membership was again considered, contingent upon the outcome from the Tokyo Round, particularly its benefits for each of the members of the Central American Common Market (CACM) (Segura, 1988).

Suggested Citation

  • Olman Segura Bonilla, 1993. "Costs and Benefits of Costa Rica Joining GATT," Palgrave Macmillan Books, in: Wim Pelupessy & John Weeks (ed.), Economic Maladjustment in Central America, chapter 7, pages 96-110, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22529-3_7
    DOI: 10.1007/978-1-349-22529-3_7
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