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THE RISE AND CRISIS OF THE “NEW MERCOSUR” IN THE POST-HEGEMONIC ERA (2003-2016)

Abstract

This article analyzes the post-hegemonic period of the Southern Common Market (Mercosur), which begins in 2003 due to political changes in Argentina and Brazil and ends in 2016 and it is described as a “new Mercosur”. Post-hegemonic refers to the cycle of regionalism in Latin America, in which left-wing governments adopted a strategy that moved away from open regionalism and the new regionalism prevalent in the last decade of the 20th century. The causes of the emergence of the so-called “new Mercosur”, its main policy proposals and its evolution are examined. Subsequently, I analyze the causes of the crisis of the “new Mercosur” and the lessons learned from the post-hegemonic period of the bloc.

Keywords:
Mercosur; Regionalism; Postliberal; Posthegemonic

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