Trade and Integration Monitor 2019: Rough Patch: Latin America and the Caribbean amid the Global Trade Slowdown

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Nov 2019
The 2019 edition of the Trade and Integration Monitor identifies the factors underlying recent developments in exports of Latin America and the Caribbean, examines the risks that are present at the current juncture, and concludes that the ongoing contraction in the region will continue. It argues that the third trade contraction in a decade, which is unfolding against a backdrop of limited dynamism in global trade, underscores the vulnerability of Latin American and Caribbean economies to increased external risks. Looking ahead, the publication highlights that integrating the regional market and boosting the competitiveness of the services sector are fundamental to expanding exports and improving their resilience.