Re gi o nal in te gra ti on in La tin Ame ri ca is a long but not-so-suc cess ful story. Only by early 1990s the cre a ti on of a new re gi o nal bloc — na mely Mer co sur — and the re - launching of two pre vi ous at tempts — i.e. the Ande an Com mu nity of Na ti ons and the Cen tral Ame ri can Com mon Mar ket — al lo wed to en vi si on a dif fe rent trend. Today, the three re fer red blocs fe a tu re a se ri es of di ver gent cha rac te ris tics, among them the re a ched le vel of in te gra ti on and the type of ins ti tu ti o na li za ti on. Ho we ver, all three have so met hing in com mon: none fits ea sily into the the o ri es of re gi o nal in te gra ti on that were de ve lo ped from the Eu ro pe an case. This pa per analy zes the
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Curs: INTERGRARE ECONOMICA Obiect: Economie Politica