Post-neoliberalism and the path towards integration in South America

Abstract

Over the past decade, South America has been undergoing many transformations, through which it has been experiencing rapid economic growth, has heightened its ability to act more autonomously from international influence on matters of decision-making, and in general is perceived to have become a more stable region in several aspects. In this outlook, South America is increasingly distinguishing itself from the rest of Latin America. South America has been seeking integration for more than two centuries, when independence from the colonizing powers marked the introduction of the notion of integration in the region. However, most observers would argue that until now, South America has not succeeded in achieving its integration aims. Today, however, a new form of regional integration is being introduced in South America, which is said to differ significantly from previous integration schemes. This time, integration is based on left governments, and thereby South America is thought to have entered a Post Neoliberal stage. Historical factors explain the need for a Post Neoliberal approach to government nowadays, as it may be the only sustainable way forward for the region's development. Post Neoliberalism is therefore at the core of new integration efforts. Particularly the recently established Unasur...