The Political Economy of Integration: The Experience of Mercosur, 1st Edition (Paperback) book cover

The Political Economy of Integration

The Experience of Mercosur, 1st Edition

By Jeffrey W. Cason


162 pages | 8 B/W Illus.

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This book assesses South America’s most ambitious attempt at economic integration, Mercosur. It explains the main—and inherent—weaknesses of the integration effort, through explicit comparison with the European experience with integration. Jeffrey Cason argues that the three main reasons for Mercosur’s limited success are weak domestic political institutions in the member countries, vulnerability in the global political economy, and a serious imbalance in the economic and political weight of the member countries.

In addition to providing this overarching explanation for Mercosur’s limitations, the book tells the story of Mercosur’s genesis, development, and frustrations. This book provides both an explanatory framework for understanding Mercosur and a story. It considers how Mercosur emerged, why it was greeted with great enthusiasm (and huge trade growth), and how it hit stumbling blocks as it sought to be more than it was capable of being. The book also focuses on how and why developing countries are inherently limited in any economic integration project.

Table of Contents

Introduction, Chapter 1: Understanding Integration: The European Model and a South American Case, Chapter 2: A Long-Standing Dream: Historical Experience With Integration In Latin America Chapter 3: The Launching Of Mercosur, Chapter 4: Mercosur’s Day In The Sun: Ambition Meets Its Match, Chapter 5: Mercosur in Slow-Motion Crisis, Chapter 6: The Future of Mercosur and the Challenges of Economic Integration in the Developing World.

About the Author

Jeffrey W. Cason is Dean of International Programs and Professor of Political Science at Middlebury College, Vermont.

About the Series

Routledge Studies in the Modern World Economy

In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / International / Economics