The Andean Community: A Paradigm for Economic Integration in Latin America

Authors

  • Jeanine Aguirre Ochoa Banco Procredit
  • Marco Aurelio Peña Morales Programa MASTEPD
  • Sonia Massiel Duarte Payán Banco Procredit

DOI:

https://doi.org/10.5377/reice.v2i3.1447

Keywords:

Andean Community, Development, Integration, Free Trade

Abstract

This paper aims to review the history, current status and future prospects of the Andean Community (CAN). This regional bloc was born in 1969 with the name of the Andean Group and the Andean Pact. It was reformulated in 1997 giving rise to the CAN, currently composed of Bolivia, Ecuador, Colombia and Peru as members. After formally established as a Free Trade Zone, in which a free flow of goods and people be encouraged, CAN has done everything possible to dynamically boost intra. The development work is supported in an informative basis of reliable websites and some text books. This research highlights the communal philosophy of the box, institutional and economic developments of the CAN, future projects and challenges can be foreseen, to finally figure out what stage of the integration process is and whether they have obtained the expected results strategically.

DOI: http://dx.doi.org/10.5377/reice.v2i3.1447

REICE Vol. 2, No. 3, enero-junio 2014; 1-27

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Published

2014-08-27

How to Cite

Ochoa, J. A., Peña Morales, M. A., & Duarte Payán, S. M. (2014). The Andean Community: A Paradigm for Economic Integration in Latin America. Revista Electrónica De Investigación En Ciencias Económicas, 2(3), 1–27. https://doi.org/10.5377/reice.v2i3.1447

Issue

Section

Research Articles