000			00762nam a2200109Ia 4500
100			_aCACERES, Luis Rene
245			_aCentral American integration: its costs and benefits.
260			_c1994
520			_aIdentifies increased economic growth, industrialization based on intra-industry trade, and greater competition in a broader subregional market as significant benefits of economic integration for Central American countries. Costs of integration stem from the inter-country monetary flows occasioned by currency arbitrage, currency substitution, and the high transaction costs associated with inconvertibility. Calls for the establishment of coordination schemes that reach beyond the realm of macroeconomic policy.
583			_c3/7/00 _kM2LMGR
942			_cA
999			_c21751 _d21751