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The main message of the study is that Central America's ability to exploit the opportunities created by ongoing trade liberalization will depend on the ability of the region to implement a complementary policy agenda that creates an enabling policy and institutional environment.

"The report provides a preliminary assessment of DR-CAFTA, with particular attention to three key themes: (i) expected trade and non-trade benefits, (ii) actions that Central American countries need to pursue to capitalize optimally on the new opportunities, and (iii) identification of the population groups that may require assistance to adapt to a more competitive environment. The Introductory Chapter reviews the main findings of the report. Chapter II places DR-CAFTA in the historical context of the economic reforms that Central America has been undertaking since the late 1980s. Chapter III provides a summary overview of the recently negotiated DR-CAFTA. Chapter IV reviews various analyses that assess the potential impacts of DR-CAFTA in Central American countries. Chapter V focuses on the identification of potentially affected populations from the easing of trade restrictions in sensitive agricultural products and analyzes policy options to assist vulnerable groups. Chapter VI reviews evidence related to key macroeconomic implications of DR-CAFTA, namely the potential revenue losses and effect on the patterns of business-cycle synchronization. Chapter VII reviews evidence from each Central American country in the areas of trade facilitation, institutional and regulatory reforms, and innovation and education, in order to identify key priorities for the complementary agenda for DR-CAFTA."

Excerpt from South and Central American Trade Conditions of Today: New and Revised Edition With Complete Information to 1919 This little book is intended as a handbook for all those interested in the question of South American, or more properly Latin-American, trade. It is not a book of travel, of history, of political or economic conditions, nor of descriptions of places and people; but a volume dealing with hard, cold facts, all of which are intimately connected with business and trade conditions in the republics to the South. The author has travelled extensively through South and Central America and the West Indies and is familiar with the customs, manners, life, and languages of the people of whom he writes. Moreover, he is heartily in sympathy with them, and believes that only one who is in sympathy with a people or race can properly appreciate their character and point of view. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.