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From Success to Failure : Under What Conditions Did Mercosur Integrate?

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  • Lomeu Campos, Gabriela

    (University of Edinburgh)

Abstract

The Mercado Comum do Sur (Mercosul in Portuguese) is a regional integration bloc in Latin America. Mercosur has fallen dramatically from being a regional integration bloc, experiencing remarkable success in integration to becoming a stalled bloc that has failed to meet the initial expectations set. This paper looks beyond current Europeancentered theories of regional integration. It tests Malamud’s (2003) theory of interpresidentialism and Mattli’s (1999) theory of regional integration to evaluate what drove Mercosur integration. The focus is on Mercosur, from its formation in 1991 to the present day, engaging with theory, academic papers and official government speeches to identify what controlled integration in this regional bloc. This paper concludes that state leadership, especially that of Brazil’s, was and continues to be crucial in shaping the integration in Latin America. This leadership was largely influenced by the national gains, both economic and political.

Suggested Citation

  • Lomeu Campos, Gabriela, 2016. "From Success to Failure : Under What Conditions Did Mercosur Integrate?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 31(4), pages 855-897.
    • Handle: RePEc:ris:integr:0701
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    Cited by:

    1. HAZMAN, Samsudin & OMAR, Khatijah & ABD HALIMB, Abi sofian & SYAZWAN SHAMSUDIN, Muhammad Saiful, 2021. "Export Led Growth Via Intra-Regional Trading An Econometric Analysis Of Asean, Eu, Nafta, Mercosur And Comesa," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 21(2), pages 5-28.

    More about this item

    Keywords

    Mercosur; Mercosul; Regional Integration; Regional Leadership; Trading Bloc; Economic Institutions; International Institutions; Inter-Presidentialism;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

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