1. begins as an
initiative to
expand the
NAFTA to the
hole country
2. strongly opposed by social
movements, trade unions, NGOs
and communities
3. The agenda promoted by the US was
widely criticized by goverments from the
South as Venezuela, which branded the
project as a form of neocolonialism
4. in early November 2005, the
FTAA was left for dead after the
United States failed to
overcome the staunch
opposition of Venezuela and the
Mercosur countries.
ALBA
CEPAL
CAN
Positions
Pros
Multilareral trade market
Industrial expansion
Ease goods transportation
Intensify competition
Economies of scale
Diversifies exports
Enhace invesments
Development of
economic and
monetary policies
Expertise
Technology
tansfer
Lower
goverment
spending
More dynamic
business climate
Foreign direct investment
Cons
unemployment
Degradation
of natural
resources
Unidirectional
dominance
up race in imports
prices
American
impelialism
Asymetry in
economies of
scale
Replacement of
domestic
production
Increased job outsoursing
Theft of intellectual property
Destruction of native culture
Personal
An american economic integration it’s an
utopian stage of development, it should be
treated as a long term goal for the continental
governments. Nevertheless many of the South
American nations aren’t competitive enough to
adopt all the requirements and standards. So
far those economies should focus their efforts
in develop their domestic production in order
to avoid be subjugated by more develop
economics like the US
Concept
Originated
Promote
Integration
power
Cooperation
project
Process where 2 or more
nations agree to to ease or
eliminate trade barriers to
get mutual profit