Word: mercosur
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...competitiveness is on the rise among South America's ABC countries--Argentina, Brazil and Chile. Like most other Latin countries, the ABCs were pulled on the economic torture rack during the 20th century between socially negligent capitalism and fiscally profligate populism. But today they lead a potent common market, Mercosur. (Chile is an associate member.) And while each has a leftist President--Chile's Michelle Bachelet is also a socialist--the ABCs are spelling a model, "pragmatic socialism," says Jerry Haar, an international-business professor at Florida International University in Miami and a co-author of Can Latin America Compete...
...Venezuelan president finds time to revoke the broadcasting licenses of TV stations opposed to his regime and be on the air every Sunday for his “Hello President!” show. On a regional scale, his ALBA alliance aims toward the integration of Venezuela into the Mercosur trade bloc and the creation of a Bank of the South to challenge the IMF. This has region-wide parallels on the ideological front in the form of teleSUR, a continental TV station to disseminate Bolivarian ideology.Simón Bolívar, the nineteenth-century liberator that inspires...
...spawned admirers - how could it not? - but not imitators. No other multinational grouping - not Mercosur in Latin America, not asean in Southeast Asia - has anything like the powerful institutions of the Union. Europe's history and geography, it turns out, are unique. Its nations are small enough and close enough to understand each other and have shared values; but at the same time, all of Europe lived through such horrors in the 20th century that its nations' postwar leaders needed little convincing of the virtues of cooperation. In Europe, nationalism has a bad name; in much of the rest...
...Bush and Chavez never spoke to one another. Chavez owned the streets, delivering an anti-American harangue to a rally of 25,000, but he never owned the Summit itself. Even the nations that oppose the FTAA in its present form-the Mercosur trading bloc which includes Brazil, Argentina, Paraguay and Uruguay-made it clear that they weren't opposed to some kind of agreement...
...threat of terrorism. So while he's traveling through Europe this week, President George W. Bush might want to take a second look at the E.U.'s success. Countries around the world are drawing inspiration from the European model and nurturing their own neighborhood clubs, from asean and Mercosur to the African Union and the Arab League. This regional domino effect is redefining the meaning of power. As this process unfolds, I believe the 21st century will come to be seen as the "new European century." Not because the E.U. will run the world, but because the European...