Abstract
Abstract The idea that the nations of Latin America should undertake political and economic integration is not recent (see also → Regional Co-operation and Organization: American States). For a number of reasons, including the lack of commonalities among the countries seeking political or economic integration, these efforts have tended to be unsuccessful. The consensus is that the modern attempts at Latin American economic integration were spearheaded by the development, import substitution and integration theories, and initiatives of the United Nations Economic Commission for Latin America (‘ECLA’). Given the small size of most of the countries of Latin America, economic development as anticipated by ECLA would require economic integration on a regional scale.
Published Version
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