This book provides a broad quantitative analysis of the new facets of regionalism in the Americas. In particular, major aspects of the New American Regionalism are discussed in terms of two basic notions: the genuine political character of economic integration schemes, and the profound...

In 1991, Argentina, Brazil, Paraguay and Uruguay decided to establish a Mercado Comun del Sur (MERCOSUR). The new regional agreement developed quickly during the first half of the 90s and after a series of progressive tariff (and non-tariff) reductions it became an (incomplete) customs union in...

This book examines the Free Trade Area of the Americas (FTAA), an ambitious venture in regional market integration which builds on the principles of the North American Free Trade Agreement. It assesses the long-term corporate and public policy measures to cope with the increased monetary, fiscal...