Abstract

The southern common market (Mercosur) is perhaps one of the most advanced integration schemes in Latin America, however, it is also a reflection of the challenges that Latin American integration represents, since it houses the market of some of the strongest economies region of. Its evolutionary process has been complex and full of specificities, its impact on the regional economy has been one of the most positive, and trade both in and out of the region has intensified. On the other hand, Mercosur politically does not have much progress, its democratic processes and internal institutions lack relevance for the advancement of supranationality, its focus remains merely economic and does not seem to approach social and cultural integration either. Mercosur is still the scheme that has more solidity today, and after the new scenarios that arise in the region, a new direction for integration can be defined.

Full Text
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