Latin America: An Oversupply of Integrations Cover Image

Latin-Amerika: Integrációk túlkínálata
Latin America: An Oversupply of Integrations

Author(s): Béla Soltész
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Supranational / Global Economy, Political Theory, Political Sciences, Governance, Economic policy, International relations/trade, Developing nations, Political economy, Socio-Economic Research, Geopolitics
Published by: Fordulat
Keywords: latin america;economic integration;intergovernmental regional organizations;

Summary/Abstract: Latin America, the development of the ongoing integration process has taken a quantitative, rather than a qualitative direction. Instead of a deepening integration organization, ten integration projects exist in a parallel way: the Andean Community of Nations, Mercosur, ALBA, UNASUR and some further organizations. On one side, it has been the controversies between United States and Hugo Chávez’s Venezuela that has multiplied the integration organizations, however, the main reasons of the wrecking of the integration process(es) have rather been of structural character. Among these, the low level of economic complementarity, the peculiarities of Latin American presidential regimes, the historical interstate political tensions, the lack of physical infrastructure and the lack of social integration are to be mentioned. The present essay has three objectives. First, it gives an historical overview of the formation of Latin American integration organizations. Second, it analyses the aforementioned structural obstacles. Third, it gives an outlook on the circumstances that may shape the future of Latin American integration.

  • Issue Year: 2011
  • Issue No: 16
  • Page Range: 124-143
  • Page Count: 20
  • Language: Hungarian