The Law of MERCOSUR
MERCOSUR (in Spanish: Mercado Com?n del Sur / in English: Southern Common Market) is a regional trade agreement among Argentina, Brazil, Paraguay, and Uruguay. Founded in 1991 by the Treaty of Asunci?n, which was later amended and updated by the 1994 Treaty of Ouro Preto, MERCOSUR's purpose is to promote free trade and the fluid movement of goods, people, and currency. Bolivia, Chile, Columbia, Ecuador, and Peru currently have associate member status. This book presents both an overview and in-depth analysis of MERCOSUR - one of the world's most important and increasingly influential economic organizations. The book is comprised of two types of chapters. The first, a series of first-hand analysis of the treaty by experts from countries in the MERCOSUR bloc and, the second, a series of discussions from other parts of the world looking at MERCOSUR as global actor of ever increasing importance. The book divides the analysis into three main parts. The first section contains the key institutional legal aspects of MERCOSUR, looking at its history, the general theory of economic integration, and basic aspects relating to the functioning of MERCOSUR. The second section examines specialized topics, such as the regulation of telecommunications in MERCOSUR, the environment, human rights, the energy market, etc. The final section - in which the editors offer a translation of core MERCOSUR instruments - provides further understanding of the economic bloc. Original in its conception, the book covers a major gap in English-language literature by offering a comprehensive and in-depth analysis of the law of MERCOSUR. It will become essential reading for both practitioners and academics interested not only in MERCOSUR, but in economic integration, international trade, and regional aspects of the phenomenon of globalization.
Publication Date: 10/29/2010