The success of the possible Mercosur

Vol. 27 No. 1 (2007)

Jan-Mar / 2007
Published March 17, 2020
PDF-Spanish (Português (Brasil))
PDF-Spanish (Português (Brasil))

How to Cite

Ferrer, Aldo. 2007. “The Success of the Possible Mercosur”. Brazilian Journal of Political Economy 27 (1):147-56.

The success of the possible Mercosur

Aldo Ferrer
Profesor Titular Consulto. Director de la Maestría Mercosur. Universidad de Buenos Aires
Brazilian Journal of Political Economy, Vol. 27 No. 1 (2007), Jan-Mar / 2007, Pages 147-156


Mercosur can be observed from two different perspectives. One from an ideal integration project, whose reference is the European Union. The other, based in the profound prevailing asymmetries within the region and the progress achieved since the founding bilateral agreements of presidents Alfonsin and Sarney, in 1985. From the first perspective, Mercosur in a failure; from the second, it has achieved considerable success. The integration process is displayed in three levels: the national density prevailing in the member countries, the rules of the game of the system and the common standings vis a vis the rest of the world. The future of Mercosur depends on progress achieved in these three levels and the opening of new possibilities of national development for each member country in a regional framework.

JEL Classification: F02; O1.

Keywords: globalization national density flexibility economic development public policies market forces