OAS - SEDI - Trade Section - Small and Relatively Lesser Developed Economies and Western Hemisphere Integration

Trade and Integration

The Trade Section of the DTT supports the efforts of Member States to promote economic diversification and integration, trade liberalization, and market access that can lead, through expanded market and investment opportunities, to enhanced economic development, job creation, and poverty reduction.

Small and Relatively Lesser Developed Economies and Western Hemisphere Integration ¹

Organization of American States Trade Section, April 1997

Table of Contents

Introduction

Executive Summary

Indicators for Classifying Small and Relatively Less Developed Economies

International Classifications

Classification of Countries in the Western Hemisphere in terms of SRLDE Indicators

Characteristics of SRLDEs Pertinent to the Process of Hemispheric Integration

Desirability of Hemispheric Integration

Obligations of a FTAA on the Hemispheric Level

Possible Effect of Hemispheric Integration on SRLDEs

Policies and Disciplines Required to Facilitate the Integration of SRLDEs into a FTAA

Evolution of Preferential Trading Relations Between Developed Economies and SRLDEs

Measures to Facilitate the Integration of SRLDEs into a FTAA

Index of Tables

¹ The views presented here are the authors’ own and should not be attributed to the Organization of American States, its General Secretariat, or any of its member countries.

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Small and Relatively Lesser Developed Economies and Western Hemisphere Integration ¹