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The Successes, Failures and Future of Mercosur

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Part of the book series: International Political Economy Series ((IPES))

Abstract

The signing of the Tratado de Asunción (Treaty of Asunción) in 1991 marked the foundation of the Mercado Común del Sur (Mercosur) and with it one – and in many ways the – most ambitious integration project in terms of scope.1 Globally, it is the fourth largest trading bloc – after the European Union (EU), the North American Free Trade Agreement (NAFTA), and the Association of South East Asian Nations (ASEAN) – constituting a market of 270 million people (Klonsky and Hanson, 2009, p. 1).

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© 2010 Marc Schelhase

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Schelhase, M. (2010). The Successes, Failures and Future of Mercosur. In: Mace, G., Cooper, A.F., Shaw, T.M. (eds) Inter-American Cooperation at a Crossroads. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230294837_10

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