As the one Latin American emerging market country that has steadfastly adhered to a fixed exchange rate for more than a decade, this article examines the economic and political trade-offs that peso-dollar parity has entailed. In economic terms, the currency board has clearly fostered...

This paper assumes that Mercosur has been under a crisis for the last four years, the main symptoms of which are: decreasing priority in the context of Brazilian Foreign Policy (BFP); growing number of exceptions within its Common External Tariff (CET); decreasing number of Mercosur decisions...

One of the basic features of the recent international scenario is the increasing importance of a few emerging economies. In this paper we map the import tariffs imposed by each of the BRICS on the products from its neighboring countries, as well as the tariffs imposed on Brazilian products. We...

This work identifies the main characteristics of trade flows between Colombia and Venezuela with MERCOSUR, with specific discussion of trade with Brazil. It aims at providing a broad view of such trade flows, as well as presenting some descriptive indicators of such trade relationship. A special...

This article aims to show that, by analyzing both the historical development of regional integration processes in Latin America and the political and economic ideas behind them, ECLAC's ideas, from the 1950's and 1960's, about what features Latin American integration should present - a...

In Brazil, it has been difficult to elaborate governmental planning surpassing the four-year spectrum from the Pluriannual Plans. Despite the fact of long-term planning attracting a wide range of sectors, it still occupies a small space in both political and bureaucratic agendas. Hence, the...