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dc.titleTrade Costs and the Economic Fundamentals of the Initiative for Integration of Regional Infrastructure in South America (IIRSA)
dc.contributor.authorMesquita Moreira, Mauricio
dc.contributor.orgunitInstitute for the Integration of Latin America and the Caribbean
dc.coverageSouth America
dc.date.available2011-02-14T00:00:00
dc.date.issue2007-05-18T00:00:00
dc.description.abstractIn October 2000, the twelve countries of South America launched, a multinational, multisectoral and multidisciplinary initiative, whose main objective is to develop the region's infrastructure within a context of environmental sustainability. Supported by the Inter-American Development Bank (IDB), the Andean Development Corporation, and the Financial Fund for the Development of the River Plate Basin, the Initiative is based on a hub strategy and its action plan calls for (1) strengthening national investment planning and coordination among countries, (2) standardizing and harmonizing regulatory and institutional aspects and (3) developing a portfolio of projects that encourage private sector participation and innovative financing schemes. This paper revisits IIRSA's economic fundamentals, looking at: the motivation behind regional integration; the importance of transport versus policy related trade costs; and the likely impact of the initiative on regional disparities and growth.
dc.identifier.doihttp://dx.doi.org/10.18235/0011053
dc.identifier.isbn978-950-738-263-5
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Trade-Costs-and-the-Economic-Fundamentals-of-the-Initiative-for-Integration-of-Regional-Infrastructure-in-South-America-(IIRSA).pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectIntegration and Trade
dc.subject.keywordsINTAL ITD Working Paper N° 30;Transporte;Integración Física;Infraestructura;Comercio;INTAL;Integración Regional
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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