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....

This article focuses on the contradictory position of the United States in its economic policies towards Latin America. By pressuring the region to maintain its debt service, the US government left Latin American countries with little choice but to produce large trade surpluses, as voluntary...

Brazil constitutes a globally vital but troubled economy. It accounts for the largest GDP in Latin America and ranks among the world's largest exporters of critical commodities including iron ore, soya, coffee, and beef. In recent years Brazil's global economic importance has been magnified by a...