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Latin America — MERCOSUR

  • Peter Coffey

Part of the International Handbooks on Economic Integration book series (IHEI, volume 1)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. Jorge Lucángeli
    Pages 21-112
  3. Peter Coffey
    Pages 113-138
  4. Carlos Eduardo López Rodriguez
    Pages 139-182
  5. Dario Menanteau-Horta
    Pages 183-217
  6. Back Matter
    Pages 281-350

About this book

Introduction

Latin America's experience with regional economic integration has been only slightly shorter than that of Europe. In fact, the first attempt at integration started as early as 1960, with the creation of LAFTA - the Latin American Free Trade Area (subsequently replaced by LAIA - the Latin American Integration Association). LAFTA, composed of 11 countries, sought, unsuccessfully, to create a free trade area in 12 years. In 1969, the Andean pact, which sought, also unsuccessfully, to create a sub-regional free trade area, was set up. Recently the Presidents of Argentina, Brazil, Paraguay and Uruguay signed the Treaty of Asuncion aimed at creating a common market as from 1st January, 1995. This common market, MERCOSUR, will be completed by 2006.
In comparison with the earlier and unsuccessful attempts at integration, and despite challenges and problems, both internal and external, MERCOSUR is working, and trade between the member States is increasing. Furthermore, as with the case of the European Union (EU), serious attempts (notably between Argentina and Brazil) are being made to co-ordinate economic and monetary policies. The most important evidence of these moves is the introduction of hard currencies, the reduction in the size of the public sector and the privatization of State assets. These are clearly exciting times for Latin American integration.
In this book, the first in a new series of books on International Economic Integration, the authors examine the experience of MERCOSUR in the Latin American integration progress. After an analysis of the history of the moves towards integration in South America, the case of each Member State and the Associate Country is examined and perspectives for the future are assessed.

Keywords

cooperation economic integration European Union (EU) trade

Editors and affiliations

  • Peter Coffey
    • 1
  1. 1.University of St. ThomasMinneapolisUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-011-4870-2
  • Copyright Information Kluwer Academic Publishers 1998
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-0-7923-8153-2
  • Online ISBN 978-94-011-4870-2
  • Series Print ISSN 1388-4344
  • Buy this book on publisher's site
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