A Virtuous Cycle of Integration: The Past, Present, and Future of Japan-Latin America and the Caribbean Relations

Peer Reviewed icon Peer Reviewed
Fecha de emisión
Oct 2016
Asunto
Integración Económica;
Exportación Manufacturera;
Exportación de Productos Básicos;
Productividad Industrial;
Transferencia de Tecnología;
Atracción de Inversiones;
Integración Regional;
Bienes de Capital;
Ventaja Comparativa;
Cadena de Valor;
Acuerdo Comercial;
Innovación;
Pesca;
Comercio Bilateral;
Tecnología Exponencial
JEL code
F15 - Economic Integration;
F2 - International Factor Movements and International Business
Country
Japón
Categoría
Monografías
Japan and Latin America and the Caribbean (LAC) enjoy a diverse and longstanding economic relationship. The ties between the two economies encompass trade and foreign direct investment in a range of industries, a robust cooperation agenda between governments, and significant migration flows, bringing considerable benefits to both sides and belying the common impression that LAC-Asia integration is only about commodities-for-manufacturing trade. This report describes how the relationship has evolved over the course of more than a century, highlighting the role of both firms and governments in discovering new areas for mutually beneficial exchange and encouraging a broader distribution of development gains. Despite these successes, there are still opportunities for LAC governments to deepen integration with Japan. In a challenging global economic environment, the report suggests how governments can ensure this relationship continues to prosper in the future.
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