MercoPress. South Atlantic News Agency
Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn
Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard. Read full article
Comments
Disclaimer & comment ruleswill anyone listen? or will populism rule
Aug 08th, 2012 - 07:08 am - Link - Report abuse 0Will Pepe Mujica take heed from this Argentinean? Perhaps.
Aug 08th, 2012 - 07:58 pm - Link - Report abuse 0It would be better, instead of getting closer to Brasil, if Urguay got closer to the USA and the UK, but Pepe's old leftie background prevents him from even understanding British politcal structure.
Like many LatAm people he thinks the Queen is his 'equivalent'.
He should be so lucky!
Mercosur has been of great benefit to Paraguay even though officially it doesn't show. Remember most of Paraguay's economy is unofficial, or the black market, and so the massive amounts of products that are imported into Paraguay and then exported to Brazil are not counted. Also Paraguay and benefited greatly from the cheaper agricultural machines from Brazil, allowing Paraguay's agriculture to boom.
Aug 08th, 2012 - 10:02 pm - Link - Report abuse 0#2 She should be so lucky. She's done a great jo and all, but Pepe comes across as a real wise old man in a way, say, Prince Phillip, doesn't exactly...
Aug 08th, 2012 - 10:51 pm - Link - Report abuse 0Good for brazil, let's hope next year everything get even better.
Aug 11th, 2012 - 01:12 am - Link - Report abuse 0Commenting for this story is now closed.
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