Economic convergence in Mercosur: twenty years is nothing?

More than two decades have passed since the Treaty of Asunción, which created Mercosur, was signed in 1991. This integration agreement has become the benchmark of open regionalism in Latin America. After this time, this paper aims to analyse the economic convergence among Mercosur member countries f...

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Autor principal: González Sánchez, Víctor M.
Formato: Artículo revista
Lenguaje:Español
Publicado: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2013
Materias:
F15
Acceso en línea:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/7451
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Sumario:More than two decades have passed since the Treaty of Asunción, which created Mercosur, was signed in 1991. This integration agreement has become the benchmark of open regionalism in Latin America. After this time, this paper aims to analyse the economic convergence among Mercosur member countries from the moment they join the integration area, in addition to those classified as associated countries. The analysis is conducted in both nominal and real terms. The convergence review is approached using the specific methodology commonly used within the international economics to measure situations in which convergence implies a progressive approximation of the levels of less advanced to more developed economies.