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25 Years of MERCOSUR. A successful Example of Regional Integration?

25 Years of MERCOSUR. A successful Example of Regional Integration? PDF Author: Sabrina Schleimer
Publisher: GRIN Verlag
ISBN: 3668472165
Category : Business & Economics
Languages : en
Pages : 47

Book Description
Seminar paper from the year 2017 in the subject Economics - International Economic Relations, grade: 1,3, Berlin School of Economics and Law, language: English, abstract: The following extended term paper will analyse MERCOSUR and examine whether it can be regarded as a successful example of regional integration. To do so, the paper will review the objectives set in the founding treaty, the Treaty of Asunción, and analyse whether they have been fully met. At a glance, the objectives of MERCOSUR were to “eliminate trade barriers, establish a common external tariff, coordinate macroeconomic policies and develop the harmonization of laws” (Arieti, 2006, p. 764). To fulfil these objectives, the development of MERCOSUR was supposed to go through three gradual stages: the first goal was to create a free trade area, this was to be followed by a customs union, and the third and final aim was the creation of a common market. These stages will be analysed to conclude if they have been reached. At the same time, the main achievements and challenges of MERCOSUR’s integration experience will be presented. The limited scope of this term paper does not allow for an analysis of every aspect in great detail. Due to this, the main focus after the theoretical section will be on the area of trade and on the earlier stages of the agreement, as this is most important to establish the success of MERCOSUR as a regional trade agreement and thus highly relevant to find an answer to the research question. In the era of globalisation, international markets have continued to grow in importance. Many regional economic integration agreements have been negotiated and created to improve competitiveness in global trade. One of these regional agreements is the ‘Mercado Común del Sur’ (MERCOSUR), in English ‘Common Market of the Southern Cone’, which was founded by Argentina, Brazil, Paraguay and Uruguay in 1991. Its creation was expected to mark an economic transition of the region as “the conditions for economic expansion were viewed as highly favourable” (ASEAN Studies Centre, 2009, p. 10). 2016 marks the 25th anniversary of MERCOSUR and the regional trade agreement has grown to a significant size over the past years. It is the largest integration agreement in Latin America and the Caribbean, the fourth largest in the world and the fifth biggest economy in the world (MERCOSUR, 2017b). It encompasses around 260 million citizens and had a combined GDP of more than 2.8 trillion USD in 2015 (Campbell, 2015).

25 Years of MERCOSUR. A successful Example of Regional Integration?

25 Years of MERCOSUR. A successful Example of Regional Integration? PDF Author: Sabrina Schleimer
Publisher: GRIN Verlag
ISBN: 3668472165
Category : Business & Economics
Languages : en
Pages : 47

Book Description
Seminar paper from the year 2017 in the subject Economics - International Economic Relations, grade: 1,3, Berlin School of Economics and Law, language: English, abstract: The following extended term paper will analyse MERCOSUR and examine whether it can be regarded as a successful example of regional integration. To do so, the paper will review the objectives set in the founding treaty, the Treaty of Asunción, and analyse whether they have been fully met. At a glance, the objectives of MERCOSUR were to “eliminate trade barriers, establish a common external tariff, coordinate macroeconomic policies and develop the harmonization of laws” (Arieti, 2006, p. 764). To fulfil these objectives, the development of MERCOSUR was supposed to go through three gradual stages: the first goal was to create a free trade area, this was to be followed by a customs union, and the third and final aim was the creation of a common market. These stages will be analysed to conclude if they have been reached. At the same time, the main achievements and challenges of MERCOSUR’s integration experience will be presented. The limited scope of this term paper does not allow for an analysis of every aspect in great detail. Due to this, the main focus after the theoretical section will be on the area of trade and on the earlier stages of the agreement, as this is most important to establish the success of MERCOSUR as a regional trade agreement and thus highly relevant to find an answer to the research question. In the era of globalisation, international markets have continued to grow in importance. Many regional economic integration agreements have been negotiated and created to improve competitiveness in global trade. One of these regional agreements is the ‘Mercado Común del Sur’ (MERCOSUR), in English ‘Common Market of the Southern Cone’, which was founded by Argentina, Brazil, Paraguay and Uruguay in 1991. Its creation was expected to mark an economic transition of the region as “the conditions for economic expansion were viewed as highly favourable” (ASEAN Studies Centre, 2009, p. 10). 2016 marks the 25th anniversary of MERCOSUR and the regional trade agreement has grown to a significant size over the past years. It is the largest integration agreement in Latin America and the Caribbean, the fourth largest in the world and the fifth biggest economy in the world (MERCOSUR, 2017b). It encompasses around 260 million citizens and had a combined GDP of more than 2.8 trillion USD in 2015 (Campbell, 2015).

Negotiating Market Access Between the European Union and MERCOSUR

Negotiating Market Access Between the European Union and MERCOSUR PDF Author: Antoni Estevadeordal
Publisher: BID-INTAL
ISBN: 950738099X
Category : Commercial treaties
Languages : en
Pages : 31

Book Description


Migration, free movement and regional integration

Migration, free movement and regional integration PDF Author: Nita, Sonja
Publisher: UNESCO Publishing
ISBN: 9231002589
Category :
Languages : en
Pages : 445

Book Description


Regional Integration and Economic Development in South Asia

Regional Integration and Economic Development in South Asia PDF Author: Sultan Hafeez Rahman
Publisher: Edward Elgar Publishing
ISBN: 1781005249
Category : Business & Economics
Languages : en
Pages : 425

Book Description
South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.

Regional Public Goods

Regional Public Goods PDF Author: Antoni Estevadeordal
Publisher: IDB
ISBN: 1931003858
Category : Social Science
Languages : en
Pages : 455

Book Description


Assessing Regional Integration in Africa

Assessing Regional Integration in Africa PDF Author: United Nations. Economic Commission for Africa
Publisher: United Nations, Economic Commission for Africa
ISBN:
Category : Business & Economics
Languages : en
Pages : 304

Book Description
This publication examines progress towards regional integration in Africa; defined as one of the anchoring ideals of African unity and the basis for the New Partnership for Africa's Development (NEPAD) development framework. The report analyses the current state of the integration process, highlighting where efforts have succeeded or failed. Findings include that progress has been mixed across sectors, regional economic communities and member states; with some notable progress in trade, communications, transport and macroeconomic policy. Overall however, substantial gaps remain between goals and achievements of most regional economic communities, particularly in terms of internal African trade, macroeconomic policy convergence, production and physical connectivity. A summary report is also available (ISBN 9211250927)

Interregionalism and International Relations

Interregionalism and International Relations PDF Author: Jürgen Rüland
Publisher: Routledge
ISBN: 1134236719
Category : Political Science
Languages : en
Pages : 385

Book Description
Interregionalism, the institutionalized relations between world regions, is a new phenomenon in international relations. It also a new layer of development in an increasingly differentiated global order. This volume examines the structure of this phenomenon and the scholarly discourse it is generating. It takes stock of empirical facts and theoretical explanations, bringing together with clarity and concision the latest research on this key area. This essential new book: * traces the emergence of interregionalism and reviews the latest literature * provides a conceptual and theoretical framework for study * includes case studies of inter-regional relations between: Asia and America; Asia and Europe; Europe and America; and Europe and Africa. * delivers comparative analyses and special cases such as continental summits and interregional relationships beyond the Triad. * summarizes and evaluates the findings of each chapter, providing a basis for further research. This is a key reference book for students and researchers of regionalism, global governance and international relations.

Limits to Regional Integration

Limits to Regional Integration PDF Author: Søren Dosenrode
Publisher: Ashgate Publishing, Ltd.
ISBN: 1472453360
Category : Political Science
Languages : en
Pages : 289

Book Description
Regionalization in general and regional integration in particular have taken place at a growing pace since the end of the Cold War, when states were set free from various security overlays. Regional integration is ‘logical’ as it is supposed to advance wealth and peace. Still, the picture is far from clear and the process of regional integration is not automatic; disintegration takes place, as we saw in the cases of the Soviet Union, Yugoslavia and Czechoslovakia to mention a few. This is the case not only in states recently brought together but also in traditional states like Britain, The Netherlands and Spain where strong groups strive for independence. In some places regionalization is flourishing, but regional integration is not. Some regional integration projects like the North American Free Trade Agreement and Mercosur seem to stagnate. Certainly there are limits to regional integration. This comprehensive volume, written by high profiled academics, covers these themes by examining eleven cases ranging from the lack of integration in the Arctic and the Middle East, to ongoing or progressing integration in Europe to uncover what ‘blocks’ regional integration, the results of which are used for developing new theoretical insights.

Landlocked Countries in South America

Landlocked Countries in South America PDF Author: United Nations
Publisher: United Nations Publications
ISBN: 9789211216943
Category : Business & Economics
Languages : en
Pages : 82

Book Description
This report analyses the current state of the landlocked developing countries (LLDCs) Bolivia and Paraguay. It analyses the traditional topics: infrastructure at national level and connectivity towards adjacent countries; the recent development in international laws and treaties; and cross-border operation. The report also evaluates the level of international transport costs and the potential impact on trade. It further presents the currently induced over costs in logistic chains, which pose an additional burden to the competitiveness of the countries.

The Law of MERCOSUR

The Law of MERCOSUR PDF Author: Marcilio Toscano Franca Filho
Publisher: Bloomsbury Publishing
ISBN: 1847316077
Category : Law
Languages : en
Pages : 504

Book Description
The Law of MERCOSUR presents both an overview and in-depth analysis of one of the world's most important and increasingly influential economic organisations. The book comprises both a series of first-hand analyses of MERCOSUR by experts from countries in the MERCOSUR bloc, and also discussions from other parts of the world looking at MERCOSUR as global actor of ever-increasing importance. The book is divided into three main parts: the first analyses the key institutional legal aspects of MERCOSUR, looking at its history, the general theory of economic integration, and basic aspects relating to the functioning of MERCOSUR; the second examines specialised topics, including the regulation of the environment, human rights and the energy market in MERCOSUR; and in the third part the editors offer a translation of core MERCOSUR instruments, with the objective of furthering understanding of the economic bloc. Original in its conception, the book aims to fill a major gap in the English-language literature by offering a comprehensive and in-depth analysis of the Law of MERCOSUR, and it is hoped that it will become essential reading for those practitioners and academics who are interested not only in MERCOSUR, but in economic integration generally, in international trade, and in the regional aspects of the phenomenon of globalisation.