1. The Bargain of the Unstable: Trade Negotiations and Financial Crises in Mercosur 1995-2001
- Author:
- Pablo Heidrich
- Publication Date:
- 02-2005
- Content Type:
- Working Paper
- Institution:
- Center for International Studies, University of Southern California
- Abstract:
- Argentina and Brazil suffered grave financial crises during the 1990s. During that time, they were involved in trade negotiations with each other inside Mercosur. As the financial crises struck one or the other country, their negotiating positions varied from accommodating to aggressive, leading to peaks of confrontation from which Mercosur has not quite recovered yet. Furthermore, those crises provoked a large number of trade disputes as protectionism from both countries grew when the crises increasingly hurt their economies.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- Brazil, Argentina, and Latin America