Latin America and the Global Economy

EDUARDO ENGEL Former Consultant for the World Bank and International Monetary Fund GABRIEL FIERRO Master in Industrial Engineering JORGE FRIEDMAN Consultant for the World Bank ALEJANDRA MIZALA Specialist in Labour Economics PATRICIO MELLER Specialist in International Trade and Latin American Economics PILAR ROMAGUERA Specialist in Labour Economics RAUL O'RYAN Specialist in Environmental Economics PABLO SERRA Member of the Chilean Antitrust Commission ANDRAeS ULLOA Economist, Agricultural and Resource Economics Department, University of Maryland

This collection uses the point of view of a developing country to analyse the effects of new forms of protection. Specifically, four case-studies examine the effects of these new forms of protection on: environmental standards, labour standards, consumer protection and the problems facing Latin America cross-border investment.Countries in Latin America have only recently begun to liberalize their economies and move towards free trade. However, non-traditional barriers to trade threaten this new direction of development. This collection uses the point of view of a developing country to analyse the effects of new forms of protection. It introduces a theoretical framework to analyse the effects of standards and contingent protection. A series of studies examine the global effects on Latin American trade. Specifically, four case-studies examine the effects of these new forms of protection on: environmental standards, labour standards, consumer protection and the problems facing Latin America cross-border investment.