Abstract

ROMANO, Silvina María. The role of multinational capital in the regional integration processes (LAFTA and Mercosur). Econ. soc. territ [online]. 2009, vol.9, n.31, pp.581-627. ISSN 2448-6183.

This article analyses the role of direct foreign investment in general, and of multinational capital in particular, in the integration process crystallised by the Asociación Latinoamericana de Libre Comercio (Latin American Free Trade Association, LAFTA, 1960) and the Mercado Común del Sur (Southern Common Market, Mercosur, 1991). We revise the theoretical positions of greater weight in the area of economic integration at a regional level, both in postwar as well as in current times. We also link them with the statistics of direct foreign investment and the strategies of multinational enterprises provided by the United Nations (UN), the Economic Commission for Latin America and the Caribbean (ECLAC) and the Latin American Free Trade Association (LAFTA) to understand the incidence of the mechanisms that promote the central economies in the peripheral spaces in Latin America.

Keywords : multinational capital; LAFTA; Mercosur.

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