Trajectoires de croissance et volatilité macro-économique dans le Mercosur : quelques éléments d'analyse empirique

To determine whether or not the nature of economic integration is a vector of macro-economic volatility, it is necessary to study the characteristics of different growth patterns in the countries of the Mercosur by bringing to light established trends. Such is the purpose of this article, which assesses the performance of the zone during the 1960-2002 period and analyses the strengths and limits of each growth pattern. The Mercosur and the modalities of its development between 1991 and 2003 are given special consideration by stressing the importance of pattern change and its impact as regards macro-economic volatility.