Agricultural Exports from Latin America and the Caribbean : Harnessing Trade to Feed the World and Promote Development

The United Nations estimates that global food demand will double by 2050, with much of that growth in developing countries. The world will have 2.3 billion more people, and given the deep transformation of growth trajectories in low-income countries, they will be increasingly affluent, with demands for more, different, and better food. While countries in Latin America and the Caribbean (LAC) are quite heterogeneous in their production potential, overall they are well equipped to contribute to meeting this challenge. LAC has always maintained a strong comparative advantage in agricultural production, as indicated not only by its position as a net food exporter but also by its high comparative advantage. LAC is also well endowed in renewable water resources, with about a third of the 42,000 cubic kilometers worldwide. Per capita, LAC has the highest endowment of renewable water among developing regions, though some sub regions in LAC face higher than average scarcity. This report's in-depth look at Argentina and Brazil identifies looming logistics and policy issues that threaten to derail these locomotives of agricultural growth and some policy choices that have contributed to their success and that might be worth emulating. While LAC countries have substantially reduced the anti-export and anti-agricultural biases in their trade regimes, this bias remains significant in some countries. Argentina, a major food exporter, imposes export taxes and quantitative controls, with considerable adverse consequences for the sector and the global food trade system. For LAC countries' agricultural sectors to stay competitive, it is important to appropriately manage the real exchange rate to minimize Dutch disease.

Bibliographic Details

Main Authors:	Chaherli, Nabil, Nash, John
Format:	Commodities Study biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2013-05-20
Subjects:	ACCESS ROADS, ACCESSIBILITY, ADVERSE CONSEQUENCES, AGGREGATE EXPORTS, AGRICULTURAL COMMODITIES, AGRICULTURAL EXPORTERS, AGRICULTURAL GROWTH, AGRICULTURAL MARKETS, AGRICULTURAL OUTPUT, AGRICULTURAL POLICY, AGRICULTURAL PRODUCTION, AGRICULTURAL PRODUCTS, AGRICULTURAL TRADE, AGRICULTURE, ALTERNATIVE INSTRUMENTS, ANIMAL FODDER, AUTO INDUSTRY, BANANAS, BEEF, BENCHMARKING, BEVERAGES, BILATERAL AGREEMENTS, BORDER CROSSING, BORDER CROSSINGS, BORDER MANAGEMENT, BOTTLENECKS, BUSINESS ENVIRONMENT, CASSAVA, CEREAL PRODUCTION, CEREALS, CLIMATE CHANGE, CLOSED ECONOMY, COMMERCIAL BANKS, COMPARATIVE ADVANTAGE, COMPARATIVE DISADVANTAGE, COMPETITIVENESS, CONGESTION, CONSUMERS, CONSUMPTION PATTERNS, CORN, COUNTRY OF DESTINATION, CROSSING, CUSTOMS CLEARANCE, DAIRY, DEFORESTATION, DEREGULATION, DEVELOPED COUNTRIES, DIMINISHING RETURNS, DOMESTIC PRODUCTION, DOMESTIC TRANSPORT, DRIVERS, DRIVING, ECONOMIC COOPERATION, ECONOMIC SECTORS, ECONOMIC TRENDS, ECONOMICS, ECONOMIES OF SCALE, EMISSIONS, ENVIRONMENTAL, ENVIRONMENTS, EQUILIBRIUM, EXCHANGE RATE POLICY, EXCHANGE RATES, EXPORT BARRIERS, EXPORT BIAS, EXPORT GROWTH, EXPORT PATTERNS, EXPORT STRUCTURE, EXPORT TAXES, EXPORTS, EXTERNAL TRADE, FACTOR ANALYSIS, FARES, FINANCIAL CRISIS, FISH, FOOD CONSUMPTION, FOOD CONSUMPTION PATTERNS, FOOD DEMAND, FOOD EXPORT, FOOD EXPORTS, FOOD IMPORTS, FOOD POLICY, FOOD POLICY RESEARCH, FOOD PRICES, FOOD PRODUCT, FOOD PRODUCTION, FOOD PRODUCTS, FOOD SECURITY, FOOD SURPLUS, FOOD TRADING, FREE TRADE, FREIGHT, FREIGHT TRANSPORT, FRUIT, FRUITS, FUEL, FUEL PRODUCTION, FUELS, GDP, GINI COEFFICIENT, GLOBAL COMPETITIVENESS, GLOBAL FOOD SUPPLY, GLOBAL MARKETS, GLOBAL TRADE, GRAIN PRODUCTION, GRAINS, GRAVITY MODEL, GREENHOUSE GAS, GREENHOUSE GAS EMISSIONS, HEAVY TRAFFIC, HIGH TRADE BARRIERS, HIGH TRANSPORTATION, HYDROCARBON, IMPORT BARRIERS, IMPORT COSTS, INCOME, INFRASTRUCTURE PLANNING, INLAND TRANSPORT, INSPECTION, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, INTERNATIONAL MARKETS, INTERNATIONAL PRICES, INTERNATIONAL TRADE, INVENTORY, LIVESTOCK PRODUCTS, MACROECONOMIC POLICIES, MACROECONOMIC POLICY, MACROECONOMIC STABILITY, MAIZE, MARITIME TRANSPORT, MARKET ACCESS, MARKET SHARE, MARKET SHARES, MEAL, MEAT, MEATS, METALS, MONOPOLIES, MULTILATERAL SYSTEM, MUTUAL RECOGNITION, MUTUAL RECOGNITION OF STANDARDS, MUTUAL TRADE, NATURAL ENDOWMENTS, NET EXPORTS, OIL, PER CAPITA INCOMES, PERISHABLE GOODS, POLICY ENVIRONMENT, POPULATION GROWTH, POSITIVE EFFECTS, POTATOES, PREFERENTIAL TRADE, PREFERENTIAL TRADE AGREEMENTS, PRICE CONTROLS, PRICE FLUCTUATIONS, PRICE INCREASES, PRODUCERS, PRODUCTION EFFICIENCY, PRODUCTION PATTERNS, PRODUCTIVITY GROWTH, PROTECTIONISM, RAIL, RAIL FREIGHT, RAILROADS, REAL EXCHANGE RATE, REAL EXCHANGE RATES, REGIONAL TRADE, REGIONAL TRADE AGREEMENTS, RESOURCE USE, RICE, RISK MANAGEMENT, RIVER BASINS, ROAD, ROAD HAULAGE, ROAD MAINTENANCE, ROAD NETWORK, ROAD TRANSPORT, ROADS, RULES OF ORIGIN, RURAL ROADS, RURAL TRANSPORT, SAFETY, SEAFOOD, SHARE OF WORLD EXPORTS, SOYBEAN, SOYBEANS, SPECIALIZATION, STRUCTURAL ADJUSTMENT, SUBTROPICAL FRUITS, SUGAR, SUGARCANE, SUSTAINABLE DEVELOPMENT, TARIFF CONCESSIONS, TARIFF REDUCTION, TARIFF REDUCTIONS, TAX, TAXATION, TECHNOLOGY TRANSFER, TEMPERATURE CONTROL, TRADE AGREEMENT, TRADE AGREEMENTS, TRADE BALANCE, TRADE BARRIERS, TRADE DIVERSION, TRADE FACILITATION, TRADE FLOWS, TRADE LIBERALIZATION, TRADE LOGISTICS, TRADE NEGOTIATIONS, TRADE PATTERNS, TRADE POLICIES, TRADE POLICY, TRADE REFORM, TRADE REFORMS, TRADE REGIME, TRADE REGIMES, TRADE STRUCTURE, TRAFFIC, TRAFFIC CONGESTION, TRANSPARENCY, TRANSPORT, TRANSPORT COSTS, TRANSPORT EFFICIENCY, TRANSPORT OPERATORS, TRANSPORTATION, TRANSPORTATION COSTS, TRUE, VALUE ADDED, VEGETABLE OILS, VEGETABLES, VEHICLE, WHEAT, WINE, WORLD MARKETS, WORLD TRADE, WORLD TRADE ORGANIZATION, WTO,
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17886002/agricultural-exports-latin-america-caribbean-harnessing-trade-feed-world-promote-development http://hdl.handle.net/10986/16048
Tags:	Add Tag No Tags, Be the first to tag this record!