This article compares the Asian and Latin American experiences with monetary cooperation. It is argued that in the latter such cooperation has hardly progressed, due to low degree of regional integration, the recurrent use of multilateral institutional resources to deal with external shocks and...

This paper analyzes the outlook for Latin American economic integration at three interrelated levels: multilateral, hemispheric and sub-regional. At the multilateral level, it argues that the WTO is not prepared to regulate the competition patterns engendered by the information revolution, and...

The main argument of this paper is that initiatives for regional cooperation - particularly related to short-term external financing: reserve sharing and trade-related payments systems - are promising avenues for policy efforts, in face of an international financial situation marked by...

The main goal of this work is to assess the Initiative for the Integration of Regional Infrastructure in South America (Iirsa), launched in September 2000, during the First Meeting of the Presidents of South America, held in Brasilia, Brazil. The aim of this initiative was, at first, to foster...

This article aims to analyze trade and industrial policies in Brazil in light of the normative approach of the global value chains. The analysis of the Brazilian case shows that the policies recently adopted by the country point to the opposite direction from the prescriptions of the global...