Regional Integration

This book seeks to explain why regional integration, originally perceived as vital to the development of Latin America, now finds these countries among the most adversely affected by the present economic crisis. At this crucial juncture in their development, when most of Latin America is faced with a gigantic debt burden and unprecedented social and political instability, the contributors to this book call for a review of the framework under which regional integration presently operates. The book outlines and discusses new formulae to make integration workable within the constraints of the present economic conditions and pressures facing Latin American countries.