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A regional arrangement proposal for the UNASUR

By: FERRARI FILHO, Fernando.
Material type: materialTypeLabelArticlePublisher: São Paulo : Editora 34, July./Sept. 2014Online resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 34, 3, p. 413-432Abstract: The article analyses the current process of economic integration in South America.Abstract: Thus, concentrating our attention on the UNASUR regional integration process,Abstract: two questions arise: First, is UNASUR the most viable institution to achieve a consistentAbstract: economic integration process in South America? Second, what model of economicAbstract: integration should be adopted in the case of UNASUR, which would ensureAbstract: macroeconomic stability and avoid financial and exchange rate crises in the SouthAbstract: America? To answer these questions, the article proposes, based on the KeynesAbstract: (1944/1980)’s revolutionary analysis presented in his International Clearing Union,Abstract: during the Bretton Woods Conference in 1944, a regional arrangement to UNASUR.
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The article analyses the current process of economic integration in South America.

Thus, concentrating our attention on the UNASUR regional integration process,

two questions arise: First, is UNASUR the most viable institution to achieve a consistent

economic integration process in South America? Second, what model of economic

integration should be adopted in the case of UNASUR, which would ensure

macroeconomic stability and avoid financial and exchange rate crises in the South

America? To answer these questions, the article proposes, based on the Keynes

(1944/1980)’s revolutionary analysis presented in his International Clearing Union,

during the Bretton Woods Conference in 1944, a regional arrangement to UNASUR.

v. 34, n. 3 (136)

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