Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region
The Regional Comprehensive Economic Partnership (RCEP) concluded between Asian Pacific States in 2020 is expected to change regional and global trade patterns. Based on a Computable General Equilibrium model (including 41 countries and 39 sectors), the underlying paper evaluates the impact of firstly, RCEP on trade between Latin American and Caribbean (LAC) and Asian Pacific member countries, and secondly, a hypothetical free trade area in LAC and thirdly, a free trade agreement within and between the two regions. Results are analyzed on the country —and sector— level by type of agent (small and medium-sized, MSMEs, and large companies). The model outputs imply a boost in trade in the Asian Pacific region caused by the RCEP agreement coming into force, while trade volumes of LAC countries would contract. This likely targets primarily exports of natural resources and low —and medium— technology manufacturers based in LAC.
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ECLAC
2021-12-31
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Subjects: | COMERCIO INTERNACIONAL, ACUERDOS ECONOMICOS, RELACIONES ECONOMICAS INTERNACIONALES, INTEGRACION ECONOMICA, ASPECTOS ECONOMICOS, ASPECTOS SOCIALES, PRODUCCION, BIENESTAR SOCIAL, EMPLEO, EMPRESAS COMERCIALES, INTERNATIONAL TRADE, ECONOMIC AGREEMENTS, INTERNATIONAL ECONOMIC RELATIONS, ECONOMIC INTEGRATION, ECONOMIC ASPECTS, SOCIAL ASPECTS, PRODUCTION, SOCIAL WELFARE, EMPLOYMENT, BUSINESS ENTERPRISES, |
Online Access: | https://hdl.handle.net/11362/47659 |
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dig-cepal-11362-476592023-02-16T20:10:51Z Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region Durán Lima, José Elías Aguiar, Angel Ronzheimer, Ira Nadine Foro de Cooperación América Latina-Asia del Este (FOCALAE) COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES The Regional Comprehensive Economic Partnership (RCEP) concluded between Asian Pacific States in 2020 is expected to change regional and global trade patterns. Based on a Computable General Equilibrium model (including 41 countries and 39 sectors), the underlying paper evaluates the impact of firstly, RCEP on trade between Latin American and Caribbean (LAC) and Asian Pacific member countries, and secondly, a hypothetical free trade area in LAC and thirdly, a free trade agreement within and between the two regions. Results are analyzed on the country —and sector— level by type of agent (small and medium-sized, MSMEs, and large companies). The model outputs imply a boost in trade in the Asian Pacific region caused by the RCEP agreement coming into force, while trade volumes of LAC countries would contract. This likely targets primarily exports of natural resources and low —and medium— technology manufacturers based in LAC. 2022-01-05T14:52:48Z 2022-01-05T14:52:48Z 2021-12-31 Texto Documento Completo https://hdl.handle.net/11362/47659 LC/TS.2021/199 en Serie Comercio Internacional 168 .pdf application/pdf AMERICA LATINA ASIA Y EL PACIFICO ASIA AND THE PACIFIC LATIN AMERICA ECLAC |
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Biblioteca Hernán Santa Cruz |
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COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES |
spellingShingle |
COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES Durán Lima, José Elías Aguiar, Angel Ronzheimer, Ira Nadine Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
description |
The Regional Comprehensive Economic Partnership (RCEP) concluded between Asian Pacific States in 2020 is expected to change regional and global trade patterns. Based on a Computable General Equilibrium model (including 41 countries and 39 sectors), the underlying paper evaluates the impact of firstly, RCEP on trade between Latin American and Caribbean (LAC) and Asian Pacific member countries, and secondly, a hypothetical free trade area in LAC and thirdly, a free trade agreement within and between the two regions. Results are analyzed on the country —and sector— level by type of agent (small and medium-sized, MSMEs, and large companies).
The model outputs imply a boost in trade in the Asian Pacific region caused by the RCEP agreement coming into force, while trade volumes of LAC countries would contract. This likely targets primarily exports of natural resources and low —and medium— technology manufacturers based in LAC. |
author2 |
Foro de Cooperación América Latina-Asia del Este (FOCALAE) |
author_facet |
Foro de Cooperación América Latina-Asia del Este (FOCALAE) Durán Lima, José Elías Aguiar, Angel Ronzheimer, Ira Nadine |
format |
Texto |
topic_facet |
COMERCIO INTERNACIONAL ACUERDOS ECONOMICOS RELACIONES ECONOMICAS INTERNACIONALES INTEGRACION ECONOMICA ASPECTOS ECONOMICOS ASPECTOS SOCIALES PRODUCCION BIENESTAR SOCIAL EMPLEO EMPRESAS COMERCIALES INTERNATIONAL TRADE ECONOMIC AGREEMENTS INTERNATIONAL ECONOMIC RELATIONS ECONOMIC INTEGRATION ECONOMIC ASPECTS SOCIAL ASPECTS PRODUCTION SOCIAL WELFARE EMPLOYMENT BUSINESS ENTERPRISES |
author |
Durán Lima, José Elías Aguiar, Angel Ronzheimer, Ira Nadine |
author_sort |
Durán Lima, José Elías |
title |
Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
title_short |
Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
title_full |
Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
title_fullStr |
Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
title_full_unstemmed |
Economic and social effects of a possible trade agreement between Latin America and the Asia-Pacific region |
title_sort |
economic and social effects of a possible trade agreement between latin america and the asia-pacific region |
publisher |
ECLAC |
publishDate |
2021-12-31 |
url |
https://hdl.handle.net/11362/47659 |
work_keys_str_mv |
AT duranlimajoseelias economicandsocialeffectsofapossibletradeagreementbetweenlatinamericaandtheasiapacificregion AT aguiarangel economicandsocialeffectsofapossibletradeagreementbetweenlatinamericaandtheasiapacificregion AT ronzheimeriranadine economicandsocialeffectsofapossibletradeagreementbetweenlatinamericaandtheasiapacificregion |
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1762930031720398849 |