This paper analyses the evolution of the South American Common Market, Mercosur. It shows how the lack of coordination of macroeconomic policies, especially of the two major participants (Argentina and Brazil), had caused trade strains and conflicting interests in attracting foreign investments....

"Series of well-written articles on regional privatization efforts. Separate chapters on Argentina, Brazil, Chile, and Mexico. Other topics include: 1) changing roles of the State and business, 2) recent trends in direct foreign investment, and 3) changes in Latin American equity markets....