Regional monetary agreements: prospects and limits for Mercosur

Alexandre Jerônimo de Freitas () and Marcelo Pereira Fernandes ()

Brazilian Journal of Political Economy, 2025, vol. 45, issue 3, 535-550

Abstract: Usually analyzed in an integrated way, the Regional Monetary Agreements(RMA) are varied processes. The purpose of this article is to map the different forms of RMAand analyze its application to Mercosur. It is about seeking in the RMA an instrument thatfacilitates the adoption of a macroeconomic regime consistent with the development needsof the bloc’s countries. These countries should be able to adopt pro-growth economic policies,with job creation and income distribution, which consequently should increase the nationalor regional space for the formulation of policies that improve their insertion in theworld economy JEL Classification: E42; F45; F02.

Keywords: Mercosur; monetary arrangements; integration (search for similar items in EconPapers)
Date: 2025
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