This book presents a review of the South American integration
process in a global context, with the main factors of success and
failure, by comparing it with the European Union development. It
also presents South American integration in a regional context;
with its subregional pacts and the development of the South
American Union of Nations (UNASUR) and how the regionalization
faced its stagnation and changed its objectives, replicating and
amplifying successful experiences in the integration process. The
book presents comparisons between South American and EU integration
structures and policies featuring the supranational executive
bodies concerned, the judicial structures, the legislative
functions and the monetary systems plus common foreign and security
policy and common social and development policy of both entities:
three supranational institutions and three common policies that
define a regional bloc. To avoid diffusing the research, only one
of those dimensions receives a deeper analysis: the supranational
executive bodies comparison. The second part of this book
introduces the Game Theory, a shared-decision model with two or
more players that have different priorities for the same decision.
The Game Theory analysis is used here to evaluate two typical
scenarios of South American regional policy conflicts, pointing out
the important role of the exertion of supranational executive power
to foster the integration process. The conclusions focus on the
main challenges: the existing asymmetries between South American
states and the lack of a clear leadership in the region; giving a
positive assessment to the new functional approach taken by South
American nations. This approach could offer them good chances to
foster regional development and allow progress of South American
integration. The final comments propose new fields for the Game
Theory technique in the integration process analysis.
General
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