000			02225nmc a2200241 4500
005			20260608201226.0
008			260224s2001 ing
041			_aInglés
100	1		_aHeymann, Daniel _911612
110	2		_aCEPAL _911050
245	0	0	_aRegional interdependencies and macroeconomic crises
260			_aCEPAL _bChile _c2001
270			_a2009-05-22 ; 29/05/02
490	0		_aSerie estudios y perspectivas (Sedes subregionales y Oficinas nacionales)
500			_aSitio visitado el día 29/05/02 ; Navegadores de Internet ; Adobe Acrobat (PDF)
520			_aIn the relatively short history of Mercosur, the countries of the region have gone through wide macroeconomic fluctuations. Macroeconomic turbulence is not a novelty for Argentina, Brazil and their partners, but it has shown different features in recent years, particularly concerning the strength and nature of regional spillovers. Despite the asymmetries in size among the economies of the area and the low starting levels of trade, the rapid growth of intra-regional commerce until the last few years, and the feeling that there was a "Mercosur component" in the international demand for each country's assets, increased the visibility of regional macroeconomic interdependencies. However, there was little movement in establishing concrete forms of macroeconomic cooperation. These notes contain brief comments about the experience of Mercosur in macroeconomic matters, and some reflections about the possibilities for concerted regional actions. The paper quickly reviews aspects of the recent behavior of the economies of the area (focusing on Argentina and Brazil) and comments on the characteristics of macroeconomic interdependencies, and analyzes circumstances that have conditioned macroeconomic coordination within the region. Finally, it considers some policy options for regional cooperation in crisis situations.
710	2		_aCEPAL _911050
773	0		_h5
800	1		_aHeymann, Daniel _911612
856			_uhttp://www.eclac.cl/cgi-bin/getProd.asp?xml=/publicaciones/xml/9/8689/P8689.xml&xsl=/argentina/tpl/p9f.xsl&base=/administracion/includes/top-bottom.xsl
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