Trade Policy, Standards, and Development in Central America

After reviewing the current state of standards and trade in Central America, the authors suggest top priorities for reform from a trade policy perspective in a new and increasingly important area of public policy and development. They conclude that...

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Bibliographic Details
Main Authors: Hufbauer, Gary Clyde, Kotschwar, Barbara, Wilson, John S.
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
GDP
WTO
Online Access:http://documents.worldbank.org/curated/en/2001/03/1089452/trade-policy-standards-development-central-america
http://hdl.handle.net/10986/19700
Description
Summary:After reviewing the current state of standards and trade in Central America, the authors suggest top priorities for reform from a trade policy perspective in a new and increasingly important area of public policy and development. They conclude that it makes sense to: a) take a regional rather than a national approach to setting up accreditation, testing, and metrology infrastructure - to share equipment, experts, and information to get more bang out of limited funding; b) promote regional bodies as venues for Central American countries to develop common positions in international discussions of the development of standards; c) regionalize information-gathering efforts and use information technology to disseminate that information rapidly; and d) push for a sunset clause in international standards developments, because standards have value only if adopted and used.