From Quantity to Quality: AID FOR TRADE in Latin America and the Caribbean Marcelo M. Giugale Director Poverty Reduction and Economic Management THE WORLD.

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Presentation transcript:

From Quantity to Quality: AID FOR TRADE in Latin America and the Caribbean Marcelo M. Giugale Director Poverty Reduction and Economic Management THE WORLD BANK Symposium on Aid for Trade – Kingston, Jamaica – June 16-17, 2008

An Agenda for Trade Quality in LAC: 1. New Brands

Stagnant Trade Penetration for Latin America and the Caribbean…

2. Smarter Technologies An Agenda for Trade Quality in LAC:

Slow Productivity Growth (annual average productivity growth, )

…and Little Emphasis on R&D

An Agenda for Trade Quality in LAC: 3. More Jobs

Brain Drain in the Caribbean (Share of Educated Among Migrants, 2000) Mexico Central America Andean South America Cuba Dominican Rep. Haiti Jamaica Antigua-Barbuda Bahamas Barbados Dominica Grenada St. Kitts-Nevis St. Lucia St. VincentTrinidad & Tobago

While Remittances Remain Uneven…

An Agenda for Trade Quality in LAC: 4. Better Infrastructure

The Caribbean Lags behind Asia in Logistics

Export Costs Are Too Large

An Agenda for Trade Quality in LAC: 5. Quicker Institutions

Export Procedures Are Slow

An Agenda for Trade Quality in LAC: 6. Tailored Finance

An Agenda for Trade Quality in LAC: 7. Smoother Transformations

An Agenda for Trade Quality in LAC: 8. Less Informality

An Agenda for Trade Quality in LAC: 9. Greener Businesses

An Agenda for Trade Quality in LAC: 10. Cuba: Challenge and Opportunity

An Agenda for Trade Quality in LAC: 1.New Brands 2.Smarter Technologies 3.More Jobs 4.Better Infrastructure 5.Quicker Institutions 6.Tailored Finance 7.Smoother Transformations 8.Less Informality 9.Greener Businesses 10.Cuba: Challenge and Opportunity

Thank You.