Abstract
This paper analyses the current scenario of regional economic integration in Latin America. Thus, it is argued that economic integration in this region is currently developing in three axes: an open integration axis (represented by the Pacific Alliance); a revisionist axis (symbolized by the Southern Common Market – Mercosur) and an anti-systemic axis (represented by the Bolivarian Alliance for the People of our America – ALBA). In each of these initiatives, diverse models of regional economic integration have been adopted. The relation between the current regionalist axes and the diverse models of economic integration in Latin America is discussed in the paper. Similarly, the paper evaluates the extent to which extra-regional initiatives, such as the European Union, the North American Free Trade Agreement (NAFTA) and the Association of South East Asian Nations (ASEAN) have also influenced on the models of economic integration in Latin America.
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