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Mercosur - Trade and Investment Amid Financial Crisis (Hardcover)
Loot Price: R6,833
Discovery Miles 68 330
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Mercosur - Trade and Investment Amid Financial Crisis (Hardcover)
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Since its creation by the Treaty of Asuncion in 1991, the regional
trade association of MERCOSUR has been plagued by financial crises
in its member states. Yet it continues, albeit slowly, to meet its
objectives. To its four full members (Brazil, Argentina, Paraguay,
and Uruguay) it has already added Chile and Bolivia as associate
members, and continues its negotiations with the Andean Community
and even with Mexico. This book by a leading authority on the
subject is the first full-length analysis of the viability of
MERCOSUR as an effective engine of economic development. Drawing on
vast reservoirs of expertise and insight, Professor Guira considers
the phenomenon of MERCOSUR in all its real-world and theoretical
contexts, from forces inherent in Latin American history to its
role in a global trading regime dominated by the WTO, the IMF, the
EU, and NAFTA. He provides in-depth commentary on the nexus between
the economic crises of member states (particularly Brazil and
Argentina) and the multiple and complex linkages that animate
MERCOSUR s continuing and distinct identity. He finds that, despite
the modest effect to date of MERCOSUR on the economic development
of its member states, the laws and institutions that characterise
the organisation are now sufficiently established to weather the
confidence-building challenge that must be met and overcome if the
major Latin American nations are to play a role in global commerce
that matches their enormous economic significance. Every scholar,
practitioner, official, and policymaker working anywhere in the
fields of international trade law or international relations must
read this book. In putting together the world trade puzzle, players
oftenfind that the MERCOSUR piece is missing or incomplete. With
the publication of this book, a major deficiency is fully remedied.
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