Latin American Journal of Trade Policy <p>The Latin American Journal of Trade Policy is an official publication of the Institute of International Studies of the University of Chile. Following an open access policy, the full version of the journal, and individual papers, will be available on-line free of charge.</p> <p>The Latin American Journal of Trade Policy (LAJTP) focusses on trade policy issues in Latin America from a multidisciplinary perspective. A particular aim of the journal is reduce the gap between academia and policymakers. As such, the journal encourages paper submissions on topics related to trade policy formulation, implementation and evaluation; international trade agreements and their impact, including WTO issues and preferential trade agreements; Latin American regional integration processes; and, bilateral trade and investment relations both between Latin American countries and with overseas economies.<br> The journal is interested in publishing papers that draw policy relevant conclusions from academic research, that confront theoretical models with the Latin American experience and that use the specific regional experiences to develop new models. Particular consideration is given to empirical articles using quantitative, qualitative, or a mixed methods approach.<br> We encourage the submission of articles that:</p> <ul> <li class="show">contribute to existing knowledge of trade policy making in Latin America;</li> <li class="show">develop and advance pertinent theories to the region;</li> <li class="show">deal with the gap between academia and policy making;</li> <li class="show">utilize quantitative, qualitative, and mixed method approaches.</li> </ul> Institute of International Studies, University of Chile en-US Latin American Journal of Trade Policy 0719-9368 Nuevos datos basados en el Índice Vulnerabilidad Comercial (IVC) La alta interdependencia del comercio mundial originada por la creciente red de acuerdos comerciales existentes y las cadenas globales de valor hace necesario que se incorporen nuevas variables al análisis sobre la performance de la inserción internacional de un país. En este marco, el Índice de Vulnerabilidad Comercial (IVC) elaborado por el Centro de Estudios para el Desarrollo (CED) de Uruguay, busca incorporar alguna de esas otras variables al debate para tener una mirada basada en evidencia, sobre el estado de la inserción internacional de un país en la economía mundial. Nicolas D. Albertoni Ramiro Correa Agustín Irurralde Copyright (c) 2022 Nicolas D. Albertoni, Ramiro Correa, Agustín Irurralde 2022-05-16 2022-05-16 5 12 177 216 10.5354/0719-9368.2022.66694 Macroeconomic Determinants of Air Cargo Flows in Ghana Air cargo flows in a country represent air trade volume involving the exchange of goods between countries, and it is significant to the economic development of nations. However, the instability of macroeconomic variables makes air cargo trade fluctuate with its decision-making challenges. This paper examines air cargo flows by volume, origin, destination, and Ghana’s macroeconomic determinants of air trade. The study collected categorized cargo volume data from Ghana Airport Company Ltd and macroeconomic data from the Bank of Ghana from 1991 to 2020. The study employed descriptive, correlation and regression to analyze data. ArcGIS mapping shows that European countries form the primary origins and destinations of cargo traffic in Ghana. The regression analysis found exchange rate (r = 0.43) and interest rate (r = 0.50) as the significant macroeconomic variables influencing air cargo trade in Ghana. This study highlights the need for policy decisions that promote an extensive bilateral exchange and lower interest rates for local production and export goods by air in Ghana. Adedotun Joseph Adenigbo Joash Mageto Rose Luke Copyright (c) 2022 Adedotun Joseph Adenigbo, Joash Mageto, Rose Luke 2022-05-16 2022-05-16 5 12 7 36 10.5354/0719-9368.2022.67061 De-Globalization <p>Globalization conveys the widely accepted idea that we are living in a border-less world. According to this view, no notice is taken of distance or national policy anymore, dictated by global markets. However, the concept of de-globalization is starting to appear in literature with evidence of a growing awareness. It seems that there is a transition from globalization and trade integration to economic nationalism or de-globalization. Recent data suggests that the level of de-globalization is on the increase globally. This phenomenon may cause vulnerable countries to reassess their position in the global trade environment as conventional trade agreements and partners may be jeopardized. The COVID-19 pandemic has spilled over to the global economy triggering a massive decline in economic activity, mainly because of government mandated lockdowns and general mobility restrictions. This has also had a dramatic effect on the functioning of global value chains, increasing the visible threat of de-globalization. Recent trends associated with the move towards de-globalization among G-20 countries and concomitant risks are also explored.</p> André Jordaan Copyright (c) 2022 André Jordaan 2022-05-16 2022-05-16 5 12 37 74 10.5354/0719-9368.2022.65463 The African Continental Free Trade Area: <p>Free trade agreements have been known to have numerous benefits, especially from an economic point of view, however, it has been argued that for them to be successful, they ought to be complemented by a conducive socio-economic –and by extension political environment. Regrettably, the African Continental Free Trade Area agreement (AfCFTA) arrived at a time when Africa was economically and politically unstable; conflict and economic insecurity have exacerbated the lack of development in the contintent. As a result of the above, this paper seeks to understand how African states will navigate their various economic and, by extension, political interests in the hope of contributing to the success of the AfCFTA. Finally, the paper will answer whether Africa is ready for a free trade agreement by employing a qualitative research approach and reviewing current literature.</p> Victor H. Mlambo Xolani Thusi Sphephelo Zubane Daniel N Mlambo Copyright (c) 2022 Victor H Mlambo, Xolani Thusi, Sphephelo Zubane, Daniel N Mlambo 2022-05-16 2022-05-16 5 12 75 106 10.5354/0719-9368.2022.64897 La ayuda para el comercio, sus límites y desafíos <p>Aid for trade (AfT), as initiative, is quite recent, although it has been a part of the multilateral trade system from its very beginning. After increasing claims of an asymmetric system by developing countries and promises of mainstreaming development in the WTO, the “Aid for Trade” concept has been created, and a specific initiative was launched. As of today, this global initiative faces many challenges, and the politics of international development conducted by different international agencies also reflects the implementation of the initiative. The loss of strength of the multilateral system has also given way to think about this initiative from different perspectives such as South-South cooperation and regional integration. The objective of this article is to analyze the AfT initiative, its origins, its challenges and future, in a changing world where pandemic still threats development goals.</p> Juliana Peixoto Batista Vanesa Knoop Copyright (c) 2022 Juliana Peixoto Batista, Vanesa Knoop 2022-05-16 2022-05-16 5 12 107 175 10.5354/0719-9368.2022.66785