With the International Monetary Fund having just cut its forecasts for economic growth in Latin America for the fifth year in a row, the region’s countries are casting about for ways to reignite investment and boost productivity. They should look to fast-growing Asia, argue advocates of the Transpacific Trade Partnership (TPP), the proposed mega-regional trade accord that would bind together 12 Pacific Rim countries. But should they?
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Topics: MEGA-REGIONAL AGREEMENT REGIONAL INTEGRATION
Regions: LATIN AMERICA AND THE CARIBBEAN (LAC) ASIA-PACIFIC
Authors: PROJECT SYNDICATE