The right turn of South american policy and its implications on regional economic integration

Abstract

The turn taken by Argentina and Brazil towards right-wing governments establishes a new scenario for regional integration, where the change for a more liberal economy, with more hegemonic profiles and less critical to deeper regional integration and in areas of expansion of the trade in continental contexts, generates a new space to deepen relations with the economies that revolve in areas of hegemonic relations and that have had a marked open regionalism such as Colombia, Mexico, Chile and Peru.

The crisis of socialism of the 21st century, highlights the loss of spaces for anti- hegemonic arguments and criticisms of extra-Latin American relations, which,
together with the revisionist policies of the US government, generate as the Economic Commission has stated for Latin America CEPAL, the Inter-American Development Bank BID and other analysts, a new scenario to advance regional integration, in support of open regionalism.