The events and processes that have taken place in the last decade in South America have given way to one of the most interesting regional phenomena under a global crisis and within a changing world order. From the traditional status of WashingtonAs backyard and reign of economic and political stability, South America has increasingly turned into a region marked by a heterodox development in the light of other dominant regional tendencies of development-the European Union, NAFTA and the Asia Pacific. The political economic nature of the new South American regionalism (NSAR) is far from echoing...

The events and processes that have taken place in the last decade in South America have given way to one of the most interesting regional phenomena under a global crisis and within a changing world order. From the traditional status of WashingtonAs backyard and reign of economic and political stability, South America has increasingly turned into a region marked by a heterodox development in the light of other dominant regional tendencies of development-the European Union, NAFTA and the Asia Pacific. The political economic nature of the new South American regionalism (NSAR) is far from echoing...