Towards an evaluation of regional integration in Latin America in the 1990s
Author
dc.contributor.author
Devlin, Robert
Author
dc.contributor.author
Ffrench-Davis Muñoz, Ricardo
Admission date
dc.date.accessioned
2018-08-17T15:23:49Z
Available date
dc.date.available
2018-08-17T15:23:49Z
Publication date
dc.date.issued
1999
Cita de ítem
dc.identifier.citation
The World Economy Vol. 22, No. 2, pp. 261 - 290, 1999
es_ES
Identifier
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0378-5920
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/151062
Abstract
dc.description.abstract
THE decade of the 1990s has witnessed a wave of regional integrationinitiatives in Latin America: more than 15 agreements — free trade areasor customs unions — since 1990 with a handful more in varying degrees ofnegotiation (see Table 1). However, this was not just a Latin Americanphenomenon as regionalism has more than ever become a global trend (Mistry,1996). Indeed, now Japan, South Korea and Hong Kong are the only World TradeOrganisation (WTO) members which are not signatories of at least onepreferential trade agreement (WTO, 1995).1Regional integration is not new to Latin America. Economic integration playedan important role in the region’s early post-war economic history. The 1960s and1970s saw a number of very ambitious initiatives inspired by the successfulWestern European experience (Ffrench-Davis, Mun˜oz and Palma, 1994). Indeed,at its peak in the late 1960s and early 1970s, the topic of integration was hard toavoid in the discussion of Latin American development. However, disillusionmentwith integration processes had clearly set in by the late 1970s and the discussion ofregional integration was all but silenced by the external crisis of the early 1980s