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Global Strategies

Global Strategies Latin America has emerged from the economic doldrums of the 1970s and 1980s to become a commercial power in its own right in the 1990s. The seeds for change were sewn with the 1980's movements toward democracy and free market economies. Then, in the 1990s, the region began to integrate economically. Mexico became a member of NAFTA Mercosur, born in 1988, achieved full internal free trade among memberstates Brazil, Argentina, Paraguay, and Uruguay by its 1994 deadline. Central America picked up the remains of its 1960s common market after the signing of a new freetrade agreement in 1993, the union became the Central American Integration System SICA. Similarly, the Andean Pact was revived, bringing together Bolivia, Colombia, Ecuador, Peru, and Venezuela. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Strategy Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0275-6668
DOI
10.1108/eb039944
Publisher site
See Article on Publisher Site

Abstract

Latin America has emerged from the economic doldrums of the 1970s and 1980s to become a commercial power in its own right in the 1990s. The seeds for change were sewn with the 1980's movements toward democracy and free market economies. Then, in the 1990s, the region began to integrate economically. Mexico became a member of NAFTA Mercosur, born in 1988, achieved full internal free trade among memberstates Brazil, Argentina, Paraguay, and Uruguay by its 1994 deadline. Central America picked up the remains of its 1960s common market after the signing of a new freetrade agreement in 1993, the union became the Central American Integration System SICA. Similarly, the Andean Pact was revived, bringing together Bolivia, Colombia, Ecuador, Peru, and Venezuela.

Journal

Journal of Business StrategyEmerald Publishing

Published: Apr 1, 1998

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