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The success of the possible Mercosur

Author

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  • Aldo Ferrer

Abstract

Mercosur can be observed from two different perspectives. One from an ideal integration project, whose reference is the European Union. The other, based in the profound prevailing asymmetries within the region and the progress achieved since the founding bilateral agreements of presidents Alfonsin and Sarney, in 1985. From the first perspective, Mercosur in a failure; from the second, it has achieved considerable success. The integration process is displayed in three levels: the national density prevailing in the member countries, the rules of the game of the system and the common standings vis a vis the rest of the world. The future of Mercosur depends on progress achieved in these three levels and the opening of new possibilities of national development for each member country in a regional framework. JEL Classification: F02; O1.

Suggested Citation

  • Aldo Ferrer, 2007. "The success of the possible Mercosur," Brazilian Journal of Political Economy, Center of Political Economy, vol. 27(1), pages 147-156.
    • Handle: RePEc:ekm:repojs:v:27:y:2007:i:1:p:147-156:id:557
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    More about this item

    Keywords

    globalization; national density; flexibility; economic development; public policies; market forces;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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