Overview

Since the mid-20th century, the process of economic integration in Latin America and the Caribbean represented a genuine attempt to foster harmonious, balanced development in the region. However, the results have not been as successful as expected. There is little doubt that this can partially be attributed to the lack of a strong integrationist political intent in the countries with the most developed economies in relative terms, namely, Argentina, Brazil and Mexico. Nonetheless, other aspects have also slowed the pace of integrationist processes, such as the lack of objectivity at the design stage: first defining the legal terms, then setting the economic terms and conditions before finally developing the technological aspects. All of the terms relating to Latin American political, economic, legal, and social integration are defined and updated in this dictionary, a must for students, researchers and anyone looking to understand the current reality of Latin America. Among the elements that set this dictionary apart is a glossary explaining the origin and history of all of the currencies used in countries across the region. A partir de la segunda mitad del siglo XX, los procesos de integracion economica en America Latina y el Caribe han sido un intento genuino para impulsar un desarrollo armonico y equilibrado de la region. Sin embargo, los resultados no han sido todo lo exitosos que se esperaba y, no hay duda, de que una de las razones primarias de un desempeno tan pobre en funcion de las expectativas generadas ha sido la ausencia de una fuerte voluntad politica integracionista, en particular de los paises que detentan un mayor desarrollo economico relativo, es decir, Argentina, Brasil y Mexico. No obstante, existen otros aspectos que han determinado la lentitud de los procesos integradores, como la falta de objetividad en su concepcion: ya que primero fueron definidos legalmente, luego establecidos en terminos economicos y, finalmente, se ha desarrollado el proyecto tecnologico.

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Carlos Alcantara Alejo holds a degree in business administration from the University of Salamanca. He has published various articles on economic issues regarding central banking and his experience relating to the European Union, and international relations.

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