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30 Years of Mercosur – Status Quo and Future Integration Steps

Andreas Baur, Lisandra Flach, Feodora Teti
ifo Institute, Munich, 2021

EconPol Opinion 45

Mercosur, one of Latin America's most ambitious economic and political integration projects, celebrates its thirtieth anniversary on March 26, 2021. The fact that the member countries Argentina, Brazil, Paraguay and Uruguay have little reason to celebrate is not only due to the Corona pandemic. The disappointment about the slow progress with respect to integration is widespread among members, and the future of Mercosur seems more unclear than ever.