Y R A R B LI W A L N KI S A L A R O B Course Materials “Trade and Development in South America: A Case study of Mercosur” Professor: Dr. Beatriz Nofal February 2004 Storage KH 735 .N64 2004 c. 1 1 BOM LASKi 1 Ar LBHARY FEB 2 5 2004 FACOlI I ur Lniil UWVERSiTV OF TOROSTO Course Materials “Trade and Development in South America: A Case study of Mercosur” Professor: Dr. Beatriz Nofal February 2004 Digitized by the Internet Archive in 2018 with funding from University of Toronto https://archive.org/details/tradedevelopmentOOnofa Title- ‘‘Trade and Development in South America: A Case study of Mercosur” Professor: Dr. Beatriz Nofal The course will focus on gaining a deep knowledge and understanding of Mercosur's development and its contemporary status, its economic and political importance, and its main challenges ahead both regarding its internal agenda and its external agenda. Regarding the latter, the course will examine how does Mercosur relate to other regional or multilateral trade negotiations such as the FTAA, the European Union and the Doha Round at the WTO, where do these negotiations stand today, what are the crucial themes under discussion, and where are they heading. The issue of agricultural protectionism and its negative impact upon the development of the Mercosur partner countries (Argentina, Brazil, Uruguay and Paraguay) will be analyzed. Lastly, the course will review the economic performance of the main economies in Mercosur. Argentina and Brazil, to understand why the results of reform, while positive in many aspects, have been disappointing in terms of their growth and development performance. Most of the materials to be used in classes are based on the bibliographical references mentioned in each section. Among these, the recommended readings are marked with an (*). During the course other bibliographical references will be given as well as references of internet sites relevant to the issues analyzed. 1 Table of Contents 1. Trade, Globalization, Development and Poverty BERG. A. y A. O. KRUEGER (2003). “Trade. Growth and Poverty': A Selected Survey”. Annual World Bank Conference on Development Economics, edited by B. Pleskovic y N. Stern. Oxford University Press <http://wv\"w. imf.org/external/pubs/ft/wp/2003/wp03 30.pdf> L. WINTERS (2003). “Poverty and the Doha Development Round”, in Annual World Bank Conference on Development Economics, edited by B. Pleskovic y N. Stern. Oxford University Press.1 NOGLIES. J. J. (2003). “Comments to A. Berg and A. O. Krueger “Trade. Growth and Poverty'', in Annual World Bank Conference on Development Economics, 2003, Oxford University Press for the World Bank *. rr nn T ADEMOLA OYE.TIDE (2003). “Doha and the World Poverty Targets ", in Annual World Bank Conference on Development Economics, edited by B. Pleskovic y N. Stern. Oxford University Press.42a RODRIK. DANI (2001), “Comments on Trade, Growth and Poverty’" by D. Dollar and A. Kraay. <http://ksqhome.harvard.edu/~.drodrik.academic.ksq/Rodrik%20on%20Dollar- Kraav.PDF> or backup: <ksghome.harvard.edu/'-.drodrik.academic.ksg/> <www.ksq harvard.edu/rodrik/papers.html> 1. B Complementary readings. DOLLAR. D. y A. KRAAY. ''Trade, Growth and Poverty", in Policy Research Working Paper 2615, Banco Mundial 2001 ( ww\\ .worldbank.org. search under research). PORTO. G. “Trade Reforms, Market Access and Poverty in Argentina ”. in World Bank, 2003. (www.worldbank.org. search under research). 2. The Institutions in International Trade. a. The GATT and the World Trade Organization (WTO) b. Multilateral trade negotiations: contents and achievements. c. Participation of Developing Countries in the WTO and in multilateral negotiations BH AG WATT J.. Protectionism, MIT Press, 1990 (Chapter 1)*. The MIT Press Cambridge. Massachusetts Institute of Technology. 43 HOEKMAN. B. y M. KOSTECKI, The Political Economy of the World Trading System: From GATT to WTO. Oxford University Press. 1995. (Chapters 1. 2. 3 & lb)*. 51 2. B Complementary readings. JACKSON. J.. "The World Trade Organization". The Royal Institute of International Affairs (1998). WORLD TRADE ORGANIZATION, ‘‘‘'Introduction to the IITO: Trading into the Future", WTO (^\'^\'^v.\vto.org). 1998. 3. Agricultural Protectionism and the Agricultural Negotiations in the Doha round. NOGUES. J. J. (2003). "Agricultural Exporters in a Protectionist World: Assessing Trade Strategies for Mercosur", mimeo *.95-144 TABLES AND FIGURES.Appendix 1 VANZETTI. D. Y R. PETERS. An Analysis of the WTO, US and EU Proposals on Agricultural Reforms, UNCTAD, 2003 *. NOT AVAILABLE FINGER, J.M. y J.J. NOGUES (2002) "The Unbalanced Uruguay Round Outcome: The New Areas in Future WTO Negotiations", The World Economy, March *.145 3. B. Complementary' readings. OECD (2001). "The Uruguay Round Agreement on Agriculture: An Evaluation of Its Implementation in OECD Countries", OECD, Paris, 2001 *. MARTIN, W. y L. A. WINTERS (eds.) (1995), The Uruguay Round and the Developing Economies, Especially Chapter 2 Cambridge University Press, by D. Hathaway y M. Ingco*. WORLD BANK and INTERNATIONAL MONETARY FUND (2002), Market Access for Developing Country Exports-SelecXed Issues, September. NOGUES. J.J. (2003), "US Contingent Protection Measures Against Honey Imports: Regulations, Development and the Doha Round", World Bank Staff Working Paper No 3088. (w'wav.worldbank.org 2003 *. 4. Multilateralism and Regionalism. BAGW'ATl, JAGDISH and PANAGARIYA, ARVIND (19969. "Pi-eferential Trading Areas and Multilateralism: Strangers, Friends and Foes ") NOT AVAILABLE Me QUEEN. M.. (2002), “The EU's Free Trade Agreements with Developing Countries: A Case of Wishful Thinking? ”, in The World Economy. /Vol.25, No.2, September. 2002. pp.1369-1385].*. 165 4. B. Complementary' readings. MONTEAGUDO. J. and M. WATANUKI, Evaluating Agricultural Reform Under the FTAA and MERCOSUR-EU FTA for Latin America: A Quantitative CGE Assessment. paper prepared for the Seminar on “Agricultural Liberalization and Integration; What to Expect from the FTAA and the WTO”, organized by the Inter-American Development Bank, Washington DC, October 1-2, 2002 *. ESPINAL, C. (2002), "La Negociacion Agricola en el ALCA: Andlisis de la Experiencia de Mejico en el NAFTA ”, mimeo, IICA. HORLICK. GARY and PALMER, CLAIRE R., (2001), “The Negotiation Of A Free Trade Area Of The Americas ” in Integration and Trade n“ 13 vol. 5 January - April 2001. (Pages 151- 164), Institute for the Integration of Latin America and the Caribbean. NOPAL, BEATRIZ (1998), "Andlisis Cuantitativo del ALCA en el sector de alimentos", Asociacion Argentina de Economia Politica, Conferencia Anual en Rosario (Annual Conference in Rosario, (www.aaep.org.ar) 5. Mercosur: Origin, Evolution and Challenges Ahead NOPAL, BEATRIZ (1995), “MERCOSUR: Evolution, Opportunities and Challenges"; in Mercosur Journal, Pages. 3-17 NOT AVAILABLE NOPAL. BEATRIZ (2002), "Relaunching or Restructuring MERCOSUR In Paths to Regional Integration: The case of Mercosur, edited by Joseph S. Tulchin and Ralph H. Espach with Heather A. Golding. (Pages. 201- 224), Woodrow Wilson International Center for Scholars. NOT AVAILABLE NOPAL. BEATRIZ (2003) "Reflexiones sobre el futuro del MERCOSUR: ^Refundacion o ReformulacidtU": in Grupo de Reflexion Prospectiva sobre el Mercosur. (Pages. 241-264). Ministerio de Relaciones Exteriores de Brasil e I.P.R.I -Institute de Investigaciones de Relaciones Intemacionales-. NOT AVAILABLE IV NOFAL Beatriz (2004) "El Futiiro del Mercosur y sii agenda de negociaciones externas (OMC, ALCA. UE-Mercosur): Una vision desde Argentina", mimeo. NOT AVAILABLE BOUZAS. ROBERTO (2002), "MERCOSUR A fter Ten Years: Learning process or Deja-viC ": In Paths to Regional Integration: The case of Mercosur, edited b} .Toseph S. Tulchin and Ralph H. Espach with Heather A. Golding. (Page. 115- 134) Woodrow Wilson International Center for Scholars. NOT AVAILABLE BOTAFOGO GON(^ALVES, JOSE. ""MERCOSUL apos 2002: propostas a partir de itn testemimho pessoal": en Grupo de Reflexion Prospectiva sobre el Mercosur. (Pag. 147-162) Ministerio de Relaciones Exteriores de Brasil e I.P.R.I -Instituto de Investigaciones de Relaciones Intemacionales-. NOT AVAILABLE LAMPREIA. LUIZ FELIPE (2003) ""MERCOSUL- ainda iimprojeto vidvel" en Grupo de Reflexion Prospectiva sobre el Mercosur. (Pages. 201-206) Ministerio de Relaciones Exteriores de Brasil e I.P.R.I -Instituto de Investigaciones de Relaciones Intemacionales-. NOT AVAILABLE 5. B. Complementary' readings. NOFAL. BEATRIZ. (1997) "MERCOSUR pending subjects: deepening or erosion? " in Mercosur Journal, n'"' 8 vol.:l, (Pages. 10-19). NOFAL, BEATRIZ. (1998) "A common currency for MERCOSUR: an advisable and feasible proposal or a distraction? ’’ in Mercosur Journal, n^ 10 vol.:l. Pages. 9-20. NOFAL, BEATRIZ. (1997) "Mercosur Trade Regime in Mercosur Journal, n'' 7 vol.;2. (Pages. 5-44) NOFAL. BEATRIZ. (1998) Foreign Trade Regime"-, in Mercosur Journal, n'NO. vol.:2. (Pages. 5- 17) BOUZAS. ROBERTO (1999) "Mercosur's External Trade Negotiations: Dealing with a Congested Agenda. " ; in Mercosur, Regional Integration, World Markets edited by Riordan Roett. Lynne Rienner Publishers, Inc., .(Pages. 81- 93) (Pages. 81- 93). PENA, FELIX (1999), '^Broadening and Deepening: Striking the Right Balance"-. In Mercosur: Regional Integration, World Markets; edited by Riordan Roett. Lynne Rienner Publishers, Inc. (Pages. 49-61) V ROETT. RIORDAN (1999) "U.S. Policy tow ard MERCOSUR: from Miami to Santiago": in Mercosur Regional Integration, World Markets edited by Riordan Roett. Lynne Rienner Publishers. Inc. (Pages. Ill- 123). 6. Trade, Development and Integration Revisited. BAGWATI. JAGDISH AND SRINIVASAN. T. N. (2002); “Trade and Poverty in the Poor Countries . in American Economic Review Papers and Proceedings. Ma\ 2002. <http://www. Columbia, edu/--ib38/paper2001/AEA%20Trade%20and%20Povertv%20in%20the%2 0Poor%20Countries. pdf> or backup: <www,columbia.edu/~ib38/> RODRIK. DANI (2001). "'The Global Governance ofTrade as if Development Really Mattered", in United Nations Development Programme, (<http://ksghome.harvard.edU/~.drodrik.academic.ksg/UNDPtrade.PDF> or backup: <http://v\vvv\.undp.org/bdp>. RODRIK. DANI (2001), “The Developing countries' Hazardous obsession with global integration " <http://ksghome.harvard.edU/~.drodrik.academic.ksg/obsession.PDF> IGLESIAS. ENRIQUE V. (2001) ""Twelve Lessons From Five Decades of Regional Integration In Latin America And The Caribbean", in Integration and Trade n“ 13 vol. 5 January'- April 2001, Institute for the Integration of Latin America and the Caribbean, (pages 127- 137). <http://w'ww.iadb.org/INT/Trade/l english/2 WhatWeDo/Documents/c OtherPubs/Spee ches/e talk%20points%20intal%2035%20vears%20Eng.pdf> OCAMPO, JOSE ANTONIO, (2001) ""Past, Present and Future of Regional Integration" in Integration and Trade n“ 13 vol. 5 January- April 2001, Institute for the Integration of Latin America and the Caribbean (pages 139- 149). NOT AVAILABLE