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Mercosur economic performance expected to lag behind Andean countries in 2012

Monday, August 6th 2012 - 08:23 UTC
Full article 11 comments

Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina Read full article

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  • Venezuelan Clown

    And the news is?

    Aug 06th, 2012 - 04:48 pm - Link - Report abuse 0
  • ChrisR

    It would have more credibility if the consultants were not Argentinean.

    Aug 06th, 2012 - 06:20 pm - Link - Report abuse 0
  • Sergio Vega

    2@ Agree 100%.....
    The growth rates are modifies to present the Mercosur's countries as not too failing econmies..as they really are...

    The news is that the members of the Alliance of the Pacific will be the best economic performers this year, the next and the next and so on....while they don´t be threatened by their neighbors from the loosers socialist (or hidden comunist) economies at Mercosur....even Cuba is going back to capitalism after an painful comunist experiment of 50 years, as China and Vietnam.....Just North Korea keeps its deep comunist economic regime killing their people by starvation or imprisonment.

    Aug 06th, 2012 - 10:50 pm - Link - Report abuse 0
  • Guzz

    Sergio, you watch far too much western news. Ecuador and Bolivia are joining Mercosur in a near future, Chile and Peru in a little more distant one...

    Aug 07th, 2012 - 07:24 am - Link - Report abuse 0
  • ElaineB

    @ I agree about Ecuador and Bolivia but cannot see Peru or Chile joining at any time. They have joined the Pacific Alliance for a good reason. And Chile is absolutely welded to the idea of a free market economy; it is why they will be the first developed economy in South America and the reason they have resisted full membership of Mercosur.

    Aug 07th, 2012 - 12:16 pm - Link - Report abuse 0
  • Simon68

    4 Guzz (#)

    Guzz you live about as far west as you can get without being in the Far East, so WTF is this about Sergio watching too much Western news, what news is he going to watch?

    Chile and Peru are firmly on the road to real wealth for all their populations, what the hell would they want to join up with the Mercosur losers for?

    It is far more likely that in a not too distant future, when Chávez, Kirchner, Morales and Correa have been turfed out by their electorates, Venezuela, Argentina, Bolivia and Ecuador will try to get into the Pacific Alliance!!!!!

    Aug 07th, 2012 - 04:26 pm - Link - Report abuse 0
  • Think

    TWIMC

    The ignorance of some people about South American politics (Peruvian in particular) is just appalling……..

    Perú’s declared intention is the integration on the CAN Nations and the MercoSur Nations into UNASUR............

    2009:
    ”Por otro lado, considerando que el Perú asumió la Presidencia Pro Témpore de la Comunidad Andina (CAN) en julio de 2009, se ha fijado como objetivo prioritario el compromiso peruano para lograr la aprobación de la decisión sobre la Participación de los Estados parte del MERCOSUR en los órganos, mecanismos y medidas de la CAN, en su condición de países miembros asociados. Ello permitiría mayores avances en la convergencia de ambos procesos de integración hacia la UNASUR.
    Para el Perú, la integración regional en América Latina continuará siendo un tema prioritario de política exterior, puesto que constituye uno de los principales mecanismos para generar desarrollo económico y social. Así, resulta imprescindible seguir contribuyendo con los importantes avances que muestran los procesos latinoamericanos de integración, en general, y MERCOSUR, en particular.”
    http://www.rree.gob.pe/portal/enlaces.nsf/3f08cf720c1dbf4805256de20052913d/53a75ebd63425a71052576a80053d311?OpenDocument

    2012:
    ”Entre “los principales propósitos” de Perú cuando asuma la Presidencia Pro Tempore de la Unión de Naciones Suramericanas (Unasur) estará “la promoción de una adecuada convergencia” con el Mercosur y la Comunidad Andina (CAN) para fortalecer el proceso de integración regional.
    “Para ello se buscaría elaborar una agenda práctica con temas en los que ya existan avances o coincidencias entre la CAN y el MercoSur, tales como la construcción de una ciudadanía suramericana y el desarrollo de normas en temas como transportes, interconexión energética, seguridad social, entre otros”.
    http://www.rree.gob.pe/portal/enlaces.nsf/3f08cf720c1dbf4805256de20052913d/53a75ebd63425a71052576a80053d311?OpenDocument

    Educate yourselves…………., turnips………….

    Aug 07th, 2012 - 06:04 pm - Link - Report abuse 0
  • Fido Dido

    “I agree about Ecuador and Bolivia but cannot see Peru or Chile joining at any time.Peru or Chile joining at any time.”

    You can't see it, Because you're an idiot and no clue as usual what you're talking about.
    Peru has already made it clear that it's interested in joining mercosul/mercosur
    Chile, same.

    Chile is so developed in your head that it has deficits in manufacturing products and highly dependent on “copper” and has the worse educational system in Latin America. So developed it is. Same for Peru. Both have a long way to go and. By the way, if the free trade agreements were so great, the US would not be in this situation. It's not free trade for us, it's free trade for the corporations.

    Aug 08th, 2012 - 01:26 am - Link - Report abuse 0
  • Condorito

    Fido,
    Chile will not be joining MercoSur. There is no political or public support for the idea. Chile has spent years forging bilateral trade agreements with most trading blocks and it is implausible that we would abandon this successful strategy.

    Chile is not a developed country. You are right about our dependency on copper but total wrong on education. Chile’s secondary education is lacking but not the worst on the continent. Chile’s universities are the highest performing on the continent according to international assessment. Chile is not going to become a developed nation any time soon, there are subtle but important cultural obstacles.

    It is not certain that Peru will join Mercosur. It might have been the aim at one time, but Peru is moving away from Mercosur. That is not to say that won’t change with a change of government, but Humala is not going that way. Peru is more unstable in this respect. It doesn’t enjoy the broad economic consensus that Chile does.

    Think,
    How’s things down there in Patagonia Argentina?
    In your post the words “adecuada convergencia” leave the Peruvian gov’t plenty room for manoeuvre I think.

    Aug 08th, 2012 - 02:42 pm - Link - Report abuse 0
  • British_Kirchnerist

    Interesting that coup-Paraguay will be the worst performer of all, so much for the oligarchic road to prosperity!

    Aug 09th, 2012 - 01:05 am - Link - Report abuse 0
  • Simon68

    10 British_Kirchnerist (#)
    Aug 09th, 2012 - 01:05 am

    Your comment is about up to your usual level, the low performance of Paraguay has nothing to do with its Government, it is due to drought and foot and mouth, the latter is also your problem!!!

    Aug 09th, 2012 - 02:23 pm - Link - Report abuse 0

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