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A proposal of monetary integration among Mercosur countries

Fabio Giambiagi ()

Brazilian Journal of Political Economy, 1997, vol. 17, issue 4, 479-506

Abstract: This paper deals with the possible future strengthening of the economic integrationamong the countries of Mercosur, similar to the European integration related to theMaastricht agreement. Some of the problems associated to the coordination of macroeconomicpolicies and the monetary unification are presented and the feasibility of an agreementsimilar to Maastricht by the members of Mercosur is defended. Finally, a proposal of schedule– to be announced in 2002 and to occur in the year 2012 – to achieve a monetary integrationamong Brazil, Argentina, Uruguay, Paraguay and eventually other countries is made. JEL Classification: E40; E50; F33.

Keywords: Monetary union; Mercosur; economic integration; euro (search for similar items in EconPapers)
Date: 1997
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