Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail pubdistributors@worldbank.org.

The Economic History of Latin America since Independence (Cambridge Latin American Studies) by Bulmer-Thomas, Victor

improved financial and goods mobility
From the vantage of Latin America, the results of decades of globalisation on the economic development of the region's countries are studied. We see that in recent years, there has been a marked increase in financial and goods mobility. Most countries now allow and often indeed encourage foreign direct investment. The more the better is a common view of governments. Which differs markedly from some earlier policies that sought to isolate a nation's currency dealings. The increased goods mobility is also another aspect. Often involving the export of commodities to developed nations. In marked distinction is the still limited labour mobility. The developed nations have proved far more reluctant in the granting of temporary migrations from Latin America. The role of the WTO in supporting and expanding globalisation is given. Often, this involves pushing for the reduction of tariff barriers. But also for the equal treatment of imports where these are goods also made by domestic companies.