Free Trade Agreements are Just Band-Aids for Real Latin America Investment Reform
February 23rd, 2011
Exclusive: Look at investment, regulation and tax schemes as core drivers of economic cooperation, says leading LatAm expert
By Tarun George
Jerry Haar, Professor at Florida International University, does not have a very high opinion of the various FTAs between the US and Latin America. With expertise in corporate strategy, regional economic integration and Latin American marketing, he tells us why the Nearshore needs to do much, much more than simply removing tariffs in order to compete globally with the likes of India and China.
Five Years Later, CAFTA Influence on Pro Services Outsourcing is Hotly Debated
February 16th, 2010
By Tarun George
The Dominican Republic-Central American Free trade Agreement (DR-CAFTA) remains a controversial treaty five years after its contentious passage, yet many experts believe that the agreement is only just beginning to show its real impact.
CAFTA-DR forms one of the largest free trade blocs in the Americas, joining together Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic. Bilateral trade between the US and the CAFTA countries is valued at over $45 billion annually. But nearly five years on from when it was first implemented in the US, what effect has it had on the trade in services? NearshoreAmericas is taking a look at whether CAFTA has in fact enabled a more productive relationship between US customers and the professional services outsourcing industry in Central America.
