The 2005-2006 edition of Latin America and the Caribbean in the World Economy reviews the past year and looks at trends in 2006. Divided into six chapters, it examines recent developments in the world economy; provides an overview of recent economic developments in China and India and examines these countries' trade relations with Latin America and the Caribbean; explores the main issues raised by the Doha Round of trade negotiations following the Ministerial Conference held in the Hong Kong Special Administrative Region (SAR) of China; assesses the current status of regional integration; looks at how Latin America's competitiveness indicators measure up against those of a set of OECD countries; and finally, discusses the main economic losses associated with bird flu and hoof-and-mouth disease.