Abstract
The splintering of the Mercosur following the Brazilian devaluation in early 1999 has given way to an important re-crafting of the regional vision and a significant expansion of the scope of the regional project. This article contends that these trends can best be understood as coalescing into a new (and nascent) form of regionalist governance in the Southern Cone, in which the Mercosur is reconfigured as a vehicle for a new set of developmentalist and strategic objectives. This emerging form of regionalist governance is both causative and indicative of a new political economy both of the subregion and of the wider region of the Americas, and reflective of the crystallisation of a new political economy of development.
| Original language | English |
|---|---|
| Pages (from-to) | 565-583 |
| Number of pages | 18 |
| Journal | Third World Quarterly |
| Volume | 22 |
| Issue number | 4 |
| DOIs | |
| Publication status | Published - 2001 |