PACIFIC ALLIANCE REGULATORY FRAMEWORKS AND INVESTMENT INCENTIVES
DOI:
https://doi.org/10.18533/job.v7i01.231Keywords:
Pacific Alliance; investment regimes; foreign investment; market access; Asia.Abstract
The Pacific Alliance was created in 2011 with a concept and ideology different from that of the different Regional Integration Organizations in Latin America. It is an instrument of growth for its member countries, and it is important in a global context as it accounts for 40% of GDP in the Latin American region, attracting 45% of foreign direct investment (FDI) to the region. Its comprehensive economic concept, far from a political vision, has drawn attention to its trade interests in the Asia region. This article researches and reviews the tax, commercial and investment structures of the Pacific Alliance’s four member countries, as well as a regulatory analysis of Panama—a candidate for membership of the Alliance. Nine years after its creation, the Alliance has succeeded in consolidating a trade bloc aiming towards a new trade era for Latin America, supported by geo-economic factors with a view to strengthening relations with Asia-Pacific as a region.
Downloads
Published
Issue
Section
License
Copyright (c) 2022 Pilar Ceron, Melany Perez Cortes, Radu Serrano
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
