TY - JOUR
T1 - L'amérique latine constitue-t-elle une zone monétaire optimale? En route vers la construction d'une union monétaire?
AU - Ruiz, Fernando M.M.
PY - 2010
Y1 - 2010
N2 - 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.
AB - 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.
KW - Amérique latine
KW - ZMO
UR - http://www.scopus.com/inward/record.url?scp=79951999986&partnerID=8YFLogxK
U2 - 10.3917/rpve.494.0071
DO - 10.3917/rpve.494.0071
M3 - Article
AN - SCOPUS:79951999986
SN - 0034-2971
VL - 49
SP - 71
EP - 82
JO - Reflets et Perspectives de la Vie Economique
JF - Reflets et Perspectives de la Vie Economique
IS - 4
ER -