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Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn

Tuesday, August 7th 2012 - 20:14 UTC
Full article 5 comments

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

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  • toxictaxitrader

    will anyone listen? or will populism rule

    Aug 08th, 2012 - 07:08 am - Link - Report abuse 0
  • ChrisR

    Will Pepe Mujica take heed from this Argentinean? Perhaps.

    It 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!

    Aug 08th, 2012 - 07:58 pm - Link - Report abuse 0
  • BAMF Paraguay

    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
  • British_Kirchnerist

    #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 0
  • Pirat-Hunter

    Good for brazil, let's hope next year everything get even better.

    Aug 11th, 2012 - 01:12 am - Link - Report abuse 0

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