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More Growth with More Income Equality in the Americas: Can Regional Cooperation Help? (White House and the World Policy Brief)

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Nancy Lee

11/04/2008

This White House and the World Policy Brief presents key facts and recommendations drawn from Chapter Six of The White House and the World: A Global Development Agenda for the Next U.S. President.

The next U.S. president has a great opportunity to lead regional economic integration in the Americas, to the benefit of both the United States and Latin America. For the Americas, the high hopes of a decade ago for a hemispheric trade agreement have faded, along with confidence in the region’s ability to act collectively to address fundamental economic challenges. The model for integration outlined here is a regional investment standards agreement—a collective effort to set common standards for key microeconomic policies affecting both domestic and foreign businesses.