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Mercosur: implications for growth in member countries

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  • Michelle P. Connolly
  • Jenessa Gunther

Abstract

The South American customs union known as Mercosur has contributed significantly to regional trade liberalization. But by encouraging trade within the group at the expense of trade with nonmembers, Mercosur may limit member countries' access to high-technology imports, an important stimulus to growth.

Suggested Citation

  • Michelle P. Connolly & Jenessa Gunther, 1999. "Mercosur: implications for growth in member countries," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 5(May).
    • Handle: RePEc:fip:fednci:y:1999:i:may:n:v.5no.7
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    References listed on IDEAS

    as
    1. Winters, L. Alan, 1996. "Regionalism versus multilateralism," Policy Research Working Paper Series 1687, The World Bank.
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    Cited by:

    1. Ricardo Bebczuk & Leonardo Gasparini, 2001. "Globalisation and Inequality. The Case of Argentina," Department of Economics, Working Papers 032, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
    2. Hermann Sebastian Dehnen & Jan H. van Dinther & Norbert Koubek, 2013. "From emerging economies toward the Emerging Triad," Schumpeter Discussion Papers SDP13008, Universitätsbibliothek Wuppertal, University Library.

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