The Mercosur Experience and Theories of Regional Integration

Abstract

This article examines the degree to which Mercosur conforms with theories of regional integration, taking into consideration its institutionalisation, its particular characteristics, the characteristics of its member states, and its impact on policy arrangements among those member states. It also compares Mercosur to the European Union. I conclude that theories of integration fail to provide a full explanation of the process of regional integration in Mercosur.