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South America: Trade and Integration in the New Global Trade Network

  • Wilson Pérez-Oviedo
  • John Cajas-Guijarro
  • María Cristina Vallejo
Chapter
Part of the International Political Economy Series book series (IPES)

Abstract

From 1992 to 2014, the international trade network suffered important changes, in particular the consolidation of the USA and China as “global centers”. On the other hand, during all those years, no South American country became a part of the “core” of the global trade network. Understanding this context, the present study focuses on the role played by South America in an evolving global trade network, using alternative indicators to those commonly proposed by networks’ theory. We also evaluate South America’s integration efforts represented by four regional trade-blocs: the CAN, the ALBA, the MERCOSUR, and the UNASUR. From the country level, we conclude that Brazil has become a “sub-core” in South America, at the same time that the USA and China compete to gain more influence in the region. From the bloc level, we found that the MERCOSUR presents the most favorable results, while the CAN and the ALBA have several problems.

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Wilson Pérez-Oviedo
    • 1
  • John Cajas-Guijarro
    • 2
  • María Cristina Vallejo
    • 1
  1. 1.Departamento de DesarrolloFLACSO EcuadorQuitoEcuador
  2. 2.Departmento de Ciencias Sociales de la Escuela Politecnica Nacional de laUniversidad Central del EcuadorQuitoEcuador

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