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- W88675045 abstract "America's economic recovery has fueled a proliferation of trade alliances. The increasing demand for energy and the recent liberalization and restructuring of the energy sector throughout most Latin American (LA) countries have given special impetus to the region's energy trade. The focus has shifted from self-sufficiency to integration and cooperation. Energy trade is also an important factor behind the current movement toward hemispheric integration, occupying a prominent place in the process devoted to creating a hemispherewide free trade area launched at the 1994 Miami Summit of the Americas. In the Summit's 1994 Plan of Action, thirty-four American countries, including continental LA, the U.S., and Canada, pledged to work on the enhancement of ongoing efforts to: promote investment in the energy sector (Initiative 12); expand existing electric and other energy infrastructure (including development of alternative sources), where appropriate, under subregional agreements (Initiative 12); and pursue least-cost energy strategies that emphasize market-oriented pricing and rational energy use (Initiative 2I). The significance of including international energy trade in the agenda for the hemisphere has also been emphasized in the 1996 Santa Cruz de la Sierra (Bolivia) Plan of Action for Sustainable Development in the Americas. Promotion of energy trade and integration is especially important to the region's development in view of the need to find innovative and efficient means to ad-" @default.
- W88675045 created "2016-06-24" @default.
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- W88675045 date "2016-01-01" @default.
- W88675045 modified "2023-09-23" @default.
- W88675045 title "Institutions in Energy Trade: What Is Going on in Latin America?" @default.
- W88675045 hasPublicationYear "2016" @default.
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