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ID115044
Title ProperGeoeconomic assumptions, insecurity, and free trade in Central America
LanguageENG
AuthorFinley-Brook, Mary
Publication2012.
Summary / Abstract (Note)The Central American Free Trade Agreement (CAFTA) exemplifies interconnections and contradictions between geopolitical and geoeconomic agendas, including security, democracy, and resource marketing. Central American sovereignty is selectively weakened as states are increasingly dependent on the US and must synchronise governance with the expectations of their most important trade partner or risk becoming defendants in international tribunals. Salvadoran and Costa Rican governments have been accused of upholding environmental regulations that impede the profit-earning of multinational corporations, while the Guatemalan state was charged with violating domestic labour laws. Nevertheless, criminal behaviour and impunity are widespread across the region and seldom provoke US action. Five years after CAFTA's implementation, there is evidence of the erosion of democracy, repression of civil society, and uneven distribution of trade costs and benefits. These results have led some analysts to conclude CAFTA must be renegotiated, while others recommend human and labour rights protocols accompany free trade agreements.
`In' analytical NoteGeopolitics Vol. 17, No.3; 2012: p.629-657
Journal SourceGeopolitics Vol. 17, No.3; 2012: p.629-657
Key WordsCAFTA ;  Labour Rights ;  Free Trade Agreements ;  United States ;  Democracy ;  Central American Sovereignty ;  Violating Domestic Labour Laws