L'amérique latine constitue-t-elle une zone monétaire optimale? En route vers la construction d'une union monétaire?

We propose in this work a non-technical description of the conditions of OCA theory in the ALBA, the Andean Community, Mercosur and UNASUR. At the same time, we introduce the reality of the political and economic integration in this region. We identify five countries that might be candidates for an OCA: Argentina, Bolivia, Brazil, Paraguay and Uruguay. However, it is impossible to argue that there are common shocks to all countries of Latin America, or for only the candidates of our OCA. We conclude, therefore, in the absence of an OCA in the region. Despite this reality, ALBA is moving towards a monetary union.